The SPACE token public sale window is closing fast. On-chain commitments have already surpassed $16M, with full token allocation scheduled to unlock at TGE.

However, there's a cautionary take worth considering here. Current fundraising sits north of $18.2M with approximately 729% gains reflected in early market metrics. Given this trajectory, a valuation target exceeding $22M for the current sale round may be pricing in too much upside too quickly.

The math suggests the project has already captured significant early momentum. Whether continued aggressive funding at premium valuations remains justified is the real question investors should be asking before the sale closes.