Binance Cancels SPCXx IPO and Issues Refunds

Written by Ohris M. Greyoon, Blockchain & Crypto Expert

Source: Coinmarketcap

Updated: 4 days ago

IPO Cancellation: Binance canceled the SPCXx IPO campaign on June 12, 2026, affecting participants globally, and although no specific reasons were disclosed, this decision may impact user confidence and market sentiment.
Full Refund Plan: Affected users will receive full USDC refunds through the original payment method, with the refund process occurring in batches and expected to complete by June 12, 2026, ensuring the safety of user funds.
SPCXB Token Airdrop: Binance will distribute $1 million worth of SPCXB tokens to all participants, scheduled for completion by June 18, 2026, serving as compensation for the canceled event, with all users receiving an equal share.
Ongoing Trading Availability: Despite the cancellation of the SPCXx IPO campaign, Binance confirmed that SPCX stock trading remains available, allowing users to continue trading SPCX on the Binance platform, ensuring market liquidity is unaffected.

Get Real-Time Alerts for Any Crypto Movement

Monitor assets like with instant alerts on price breakouts and whale movements. Don't let a 24/7 market leave you behind.

Technical Analysis for

Technical Sentiment Analysis for (). As of , () is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 0 technical signals, shows that 0 indicators are flashing buy, while 0 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the crypto.

Support, Resistance & Moving Averages. From a structural perspective, is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.

() Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	-	-	-	-	-	-	-
Fibonacci	-	-	-	-	-	-	-

About the author

Ohris M. Greyoon

Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.

Let AI Trade for You

Auto Trading Task on NVDA?

Get Started Free