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- Jan 03, 2025 18:00 UTC
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The Best Altcoin to Watch in 2025: How SpacePay Makes Crypto Payments a Reality
The hunt for the next big thing is always on in the crypto market. New altcoins ready for a break-out are a favourite due to their massive room for returns.
With another bull run approaching, investors have their eyes on SpacePay (SPY). The upcoming cryptocurrency has already raised over $820,000 in its ongoing presale, and is on the verge of an explosive surge.
Why? SpacePay changes the way we use digital money.
https://twitter.com/SpacePayLtd/status/1870523701932032498
Making Crypto Payments Practical
Here’s a closer look at why investors are rallying behind this new crypto payment solution.
A persistent challenge for cryptocurrencies is adoption. Most cryptos focus on generating hype that they fail to solve real-world problems. SpacePay sets out to change that. It brings utility to top cryptos through its payment solution that supports over 325 wallets.
What does this mean? Cryptocurrencies can now be used for everyday purchases. And it is not just an idea––SpacePay’s functional system is ready for deployment.
The SpacePay team has already developed a working prototype (MVP) that integrates into both physical and online stores.
Why Businesses Love SpacePay
Crypto payments are often seen as a hassle by businesses. Not without reason. There are high setup costs, volatility concerns, and complex systems to factor in, and they keep merchants away.
SpacePay offers a more reliable solution to bring crypto to retail.
- Seamless setup: SpacePay offers an Android-compatible APK for businesses. It works directly with existing Point-of-Sale (POS) systems.
- Low transaction fees: Businesses can accept crypto payments for just a 0.5% fee using SpacePay, much lower than traditional credit card processing fees.
- Volatility protection: Instant settlement in local fiat currencies makes SpacePay a feasible solution for businesses. While customers can pay using their favourite cryptocurrencies, merchants receive the payment in their local currency. They don’t have to worry about the volatility of the payment crypto.
- Security and speed: SpacePay ensures fast and secure transactions using NFC technology.
SpacePay supports over 325 wallets and top cryptocurrencies.
Growth-oriented Tokenomics
The $SPY tokenomics focuses on sustainable growth. Most of the supply is divided between community building and project development. 20% of the total supply is allocated to the public presale, giving everyone a chance to be early backers for low costs.
The remaining tokens are set aside, as follows.
Early adopters of $SPY tokens are in for exciting perks like governance rights and revenue-sharing opportunities. They also get early access to product upgrades and quarterly webinars.
Although SpacePay is a project rooted in technology, it doesn’t compromise community building. SpacePay’s growing community includes over 60,000 followers on X (Twitter) and an active Telegram group; the project is clearly making its presence felt.
There are also plans to launch a referral program and a staking system as part of fuelling engagement.
Utility Matters
SpacePay’s focus on utility makes it stand out. As a crypto payment solution, the project contributes to the broader adoption of the market.
With $750,000 raised during the private presale and an additional $820,000 pouring in during the public phase, investors have shown confidence in the project.
Unlike most cryptocurrencies that shy away from launching a project, months (and sometimes years) after the token launch, SpacePay’s MVP is ready with tangible use cases.
Although many projects have attempted crypto-retail integration in the past, SpacePay maintains an edge with its focus on user experience and practicality. It is convenient for both businesses and shoppers.
The Next Crypto to Watch
SPY shows the potential to break into the spotlight in the first quarter of 2025, with the presale moving ahead rapidly. If the token launch aligns with the next bull surge, SpacePay is a top contender for the title of “best new altcoin” this year.
To join the ongoing presale, investors can use both cryptocurrencies and fiat cards. The presale price increases with each new stage.
For the latest updates about the presale and project developments, join the SpacePay community on X (Twitter) and Telegram.
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