Grayscale Launches Investment Trust for Space and Time’s SXT Token
Grayscale has launched a new investment trust focused on Space and Time’s SXT token, highlighting the intersection of decentralized data compute and finance.
Key Developments
- Grayscale's trust allows accredited investors regulated access to the SXT token.
- Space and Time, backed by Microsoft, provides real-time data for smart contracts and AI.
- The SXT token secures transactions and facilitates payment for data processing.
- Grayscale emphasizes the need for verifiable data in the evolving digital economy.
SXT Price Analysis
- SXT price is currently around $0.0752 after breaking a descending channel.
- RSI indicates strong buying interest at 70.49, entering overbought territory.
- A retest of the $0.073–$0.075 zone as support may lead to a rise toward $0.095–$0.10.
- A failure to maintain above $0.073 could result in a pullback.
