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The crypto space keeps improving; however, not enough solutions have been developed to solve some of its challenges, which is part of why digital currencies have not been well adopted.
SpacePay is emerging with its solution for solving crypto payment problems, which could help the growth of crypto and boost the value of its native SPY token upon launch. Here are several reasons the SPY token could increase in value by up to 50 times:
Revolutionary Decentralized Payment Solution
SpacePay is helping to break the barrier to crypto usage as it allows users to transact using cryptocurrency across over 325 digital wallets, with the opportunity to receive payment in traditional currencies.
This solution helps connect digital currencies with traditional payment methods, which could further drive more people to the SpacePay ecosystem and increase the popularity of its SPY token.
Governance and Other Perks
SPY native token also has some benefits embedded in it, such as the loyalty airdrop, which will be given monthly to the most active users in the ecosystem. Similarly, holders of the token will also be given governance power to vote on crucial issues.
Moreover, holders of the SPY tokens will also be privileged to enjoy special features within the SpacePay system before they are made available to the general public. Not only that, they will also benefit from taking part in the crypto platform’s revenue sharing.
Strategic Tokenomics
The distribution of the SPY token could also help its value appreciate. There are 34 billion SPY tokens in circulation, and they have been allocated to various development areas, including public sales, user rewards, development, and marketing.
20% of tokens were allocated to the public launch, while 17% of tokens were used as rewards and loyalty programs, 10% for development, and 18% for partnerships and ecosystems. Also, another 18% is earmarked for marketing and improving the community, 9% for founders, and lastly, 12% is allocated as reserve funds.
Roadmap and Upcoming Exchange Listing
The crypto project has set up a roadmap to achieve its goals, which could impact the SPY token value. Some of the plans include finishing the token presale, getting their contracts checked, and developing new technology to allow payments with just a tap.
Thus, as the crypto platform archives some of its goals, like getting listed following its current presale, it could help increase the accessibility of the token, which could also help its trading volume.
Anytime anon searches for SpacePay😁 pic.twitter.com/mHl0Z1cvDK
— SpacePay (@SpacePayLTD) July 16, 2024
Market Timing and Crypto Adoption Trends
The cryptocurrency market is getting wider, and more people are starting to demand better digital payments, which is a good opportunity for SpacePay to capitalize on.
Therefore, as more businesses and customers look for payment methods that are easy to use and don’t cost a lot, SpacePay’s services become more appealing.
The SPY token is still in the presale stage, which puts it in a good position to take advantage of the growing demand in the market. Many crypto investors target tokens at an early stage.
With the SPY token possessing various use cases, it could further propel investors who are seeking valuable crypto coins (with strong utility) to purchase in large numbers and even hold on to them for a longer period of time.
Low Transaction Fee and High Transaction Speed
SpacePay offers 0.5% transaction fees with no hidden costs, and the platform is free to use for users. Also, it has been programmed to have rocket-like transaction speed, enabling merchants to get instant payment settlements.
These features make it different from many regular, traditional payment systems that are often costly and lack speed.
Volatility Protection for Merchants
SpacePay protects merchants from price volatility, a problem that has discouraged many businesses from accepting cryptocurrency payments.
With SpacePay, merchants are guaranteed to get the agreed-upon amount in regular money, no matter how much the cryptocurrency price changes during a transaction. When more businesses feel safe accepting cryptocurrency payments, the number of transactions through SpacePay could increase.
Interested investors can join the SpacePay presale frenzy by going to their website, navigating to the presale button, and then connecting to their wallet. The token is currently priced at $0.00162 and can be bought using ETH, BNB, MATIC, AVAX, BASE, or USDT.
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