In 2024 the market went through quite a few ups and downs.
From turning bullish after Bitcoin ETF approval to turning bearish after the German government’s BTC sell off and Mt. Gox distribution, the market has seen it all.
Despite this, three coins stand out for their potential and upcoming changes. SpacePay (SPY), Ethereum (ETH) and Solana (SOL) are on the list. Let us find out why.
SpacePay (SPY)
SpacePay is a payment protocol that is helping to bridge the gap between traditional payment and crypto payment.
The payment protocol can be connected to card machines. This makes it easy for retailers to accept crypto.
What makes SpacePay really different is that it supports over 325 different wallets. They also have a cheap and transparent pricing model where they charge only 0.5% for every transaction.
The fixed fees are irrespective of the size of the transaction. Its terminal agnostic payment APK offers easy connectivity with all Android POS terminals.
Moreover, SpacePay also doesn’t charge payment companies for hosting its APK on their devices.
One of the key standout features of SpacePay is that it completely solves the issue of volatility. When a merchant receives crypto, it is immediately converted to the merchant’s native fiat currency.
Anytime anon searches for SpacePay😁 pic.twitter.com/mHl0Z1cvDK
— SpacePay (@SpacePayLTD) July 16, 2024
This ensures that merchants are safe from the volatile price action of cryptocurrencies.
SpacePay’s native token, SPY, is the core of the project. The project has assigned 20% of the tokens for its presale, 18% for strategic partnerships, and 18% for marketing and community building.
17% of the SPY tokens are assigned for user rewards and loyalty, 12% for the reserve fund, 10% for development, and 5% for the team members.
SPY is currently in its presale stage and has raised over $280,000 USDT in just a few weeks.
As more and more businesses and merchants begin accepting crypto, SpacePay is likely to gain popularity for its technology and its token.
If you are interested in the project and what it is trying to achieve, you can participate in its presale.
All you need is Coinbase, Best Wallet or WalletConnect to connect to their website. You can then fund your purchase with ETH, USDC, or USDT.
Ethereum (ETH)
Ethereum is still a key player in this market. In fact, ETH is attracting all the hype now as ETFs started to trade on July 23rd.
Bitcoin ETF approval earlier this year pushed the price of BTC to new all-time highs. Now all the hype is around Ethereum ETFs.
Once the ETH ETFs are launched, the inflow of funds could consistently push the price of ETH higher.
This could also attract a renewed interest in ETH, which will prove to be fruitful for the investors.
This potential catalyst is one of the major reasons to include Ethereum on your radar in 2024.
Solana (SOL)
Solana has had remarkable growth over the past year. From a one year low of $17.4, the price of SOL pumped as high as $209.
The Solana network is indeed famous for its low transaction fees and speed. These features have definitely attracted a lot of firms to build on the Solana blockchain.
The rise in popularity of Solana also paved the way for the rise of several Solana-based meme coins.
Additionally, following Ethereum ETF approval, analysts are anticipating the potential launch of a Solana ETF.
If this anticipation turns into a reality, this could further push the price of Solana higher.
While all these three coins are notable in their own departments, SpacePay has the highest potential to grow in terms of price.
SPY price in presale is $0.00162. With potential exchange listings, the price could likely surge due to increased exposure.
Check out their social media channels for more details about the project.
JOIN THE SPACEPAY (SPY) PRESALE NOW
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