Altcoin Season is Coming: Strategic Investors Are Stocking Up on SpacePay Before it’s Too Late

A top cryptocurrency on the watch list of strategic investors this season is SpacePay or $SPY.

It is the payment and reward token of SpacePay, a fintech solution that is working toward the mainstream integration of crypto into payment solutions. That means, in the near future, it will be possible to use the crypto in your wallet to purchase groceries or pay for your gym membership.

The SpacePay Phenomenon: Why are Investors Buying $SPY Tokens in a Hurry?

After a few lukewarm weeks, bullish signals are beginning to emerge in the crypto market. The current dip is a great opportunity to acquire promising new cryptocurrencies before they explode.

SpacePay fits the description.

The project stands out from the crypto crowd with its real-world applicability. It has already developed a Minimum Viable Product (MVP) that is now in private beta.

It empowers payment companies and merchants to unlock the growing community of crypto users. How? By making retail crypto payments easy and hassle-free. Broader crypto adoption will remain a distant dream, if not for projects like SpacePay.

The user-friendly software integrates with existing card machines, supports up to 325 wallets, and allows merchants to receive payouts in their preferred fiat currencies.

The integration cost for merchants is ridiculously low, while payment companies and shoppers can use the service for free.

It is designed to be economically viable in both developed and developing markets.

Due to the high market relevance of the upcoming product, SpacePay has already raised $750,000 from private investors. The public presale is underway to ensure a fair launch.

The growing traffic to the presale shows confidence in SpacePay’s vision and capabilities. Even before the token launch, the project has generated significant interest.

Currently, the team is refining the product based on user feedback.

An Award-winning Project with High Ambitions

Most crypto projects are still conceptual at the presale stage. SpacePay is an exception, having already developed an MVP.

Compliance is another factor that underscores the credibility of the project.

SpacePay won the title of “New Payment Platform of the Year” at the Corporate LiveWire Global Awards for 2022-23.

If SpacePay’s ambitious vision unfolds as laid out in the white paper, it could grow to become a market leader in crypto payments. In fact, SpacePay has prompted comparisons to giants like VISA and Mastercard in terms of global impact. It is a potential top-50 crypto project.

SpacePay plans to launch a payment solution based on Near Field Communication (NFC) technology soon. The goal is seamless and secure crypto transactions for everyday use.

The flagship SpacePay product is set to launch soon. As part of establishing its online presence, SpacePay is also launching an e-commerce API. It will play a crucial role in popularizing crypto payments.

Healthy Tokenomics for Robust Growth

SpacePay has a healthy tokenomics, where a massive 20% of the total supply is allocated for the presale. It ensures a fair launch.

18% is set aside for marketing and community-building. Strategic partnerships and ecosystem advancement also get the same allocation. 12% is set aside as a reserve fund, 10% is used for development, and a small 5% is team allocation.

The remaining 17% is used for user rewards and loyalty programs. This is integral to fueling engagement in the community.

The strategic token allocations paint a promising picture of SpacePay’s road ahead. The growing investor traffic hints that $SPY could surge multifold on its debut listing. SpacePay’s clever approach to simplifying crypto payments for everyday purchases could set the stage for the next big crypto pump.

But being a utility token, $SPY’s real potential will be unveiled after the product launch. Utility-based demand will lay the foundation for the price action, supported by loyalty incentives and airdrops.

The white paper gives detailed insights into the SpacePay tokenomics and roadmap.

Is it Too Late to Buy SpacePay?

No, SpacePay tokens ($SPY) are still in the presale stage.

A compatible wallet such as Best Wallet, Coinbase Wallet, or Wallet Connect loaded with cryptocurrencies like ETH, USDT, or USDC is all it takes to join the presale.

Investors can also use bank cards instead of cryptocurrencies to buy $SPY tokens. However, a crypto wallet is mandatory to store the presale tokens.

To get started, head to the official SpacePay website, connect the wallet, enter the desired amount of $SPY tokens, and follow the on-screen instructions to authorize the transaction.

The same wallet should be used to claim the tokens after the presale sell-out.

To stay updated about the presale and the product launch, follow SpacePay on Twitter and Telegram .

Visit the SpacePay presale

Disclaimer: The text above is an advertorial article that is not part of Cryptonews.com editorial content.