Home Here’s Why SpacePay (SPY) Could Outperform Bittensor (TAO), Ethena (ENA), and Other Major Cryptos in the Bull Run

Here’s Why SpacePay (SPY) Could Outperform Bittensor (TAO), Ethena (ENA), and Other Major Cryptos in the Bull Run

SpacePay is shaping up to be a cryptocurrency with the potential to outperform many popular choices being considered for the bull run. The project continues to capture the attention of a wide range of crypto investors, who see it as a strong contender for significant gains during the market surge. 

Meanwhile, tokens like Bittensor (TAO) and Ethena (ENA) have experienced major price increases, with TAO, for instance, rising over 140% last month alone.

One of the reasons TAO is seeing a major increase is its continued partnerships and efforts toward growth.

ENA also saw around a 100% increase in September as it continued to make various moves and launch revolutionary projects. In September alone, it had many partnerships, including ones with Securitize and BlackRock, as it continues to move toward creating its stablecoin.

Projects that offer robust utility to their users have received attention in 2024, and this trend could continue as investors become smarter about picking out unique projects with real-life utility and value among the thousands of crypto projects available.

For this reason, SpacePay stands out, as its provisions seek to change how crypto projects are perceived. It is solving major crypto problems that have, from the beginning, hindered the widespread adoption of cryptos.

SpacePay Could Completely Stand Out This Bull Run

SpacePay could see major attention from many people as it seeks to be the savior of crypto in its journey to widespread adoption.

Let’s look at how this could happen one after the other.

SpacePay Solves Crypto Volatility Issues

One of the major issues that SpacePay solves is the problem with the wild price differences that cryptos typically have within a short period.

It is common for Bitcoin and many other cryptos, for example, to change prices almost every minute, making them difficult to use for transactions

To solve this, SpacePay has created a system that allows users to pay with multiple cryptocurrencies while merchants receive the payment in their local fiat currency.

This way, merchants won’t have to worry about the crypto value dipping immediately after a transaction since they will receive the money in traditional fiat currencies.

SpacePay Charges Little Merchant Fee With Zero Waiting Time

SpacePay’s solution is nearly free, as it charges only a 0.5% merchant fee with no extra charges or hidden costs. The platform aims to be as transparent as possible with its pricing.

The system also has zero waiting time, unlike the traditional finance payment system, which usually lags due to congestion and sometimes could take days for a transaction to be completed.

Fully Decentralized System and Power to SPY Holders

SpacePay is a fully decentralized system that gives complete control to its users. The platform does not allow third-party interference with users’ funds, as it gives them full control of their private keys.

This mitigates the risks of fraud or identity theft common in traditional and centralized financial systems.

The platform also gives SPY token holders full power to determine the ecosystem’s future. A monthly voting system will allow users to vote on critical decisions in the ecosystem. 

This way, they can control the platform’s growth, and the future of SPY can be as the investors desire.

Holding SPY Has Major Benefits

SpacePay incentivizes its SPY token holders by rewarding active participation on the platform with monthly loyalty airdrops. SPY holders will also have access to new features before the general public. 

They will also share a portion of the platform’s revenue as a form of passive income and be involved in quarterly Connect webinars where they can speak directly with the company’s leadership team and get first-hand insights into the company’s progress, strategic plans, and upcoming innovations.

SpacePay Crypto App

Compatibility With Existing Payment Systems and Many Cryptos

SpacePay is compatible with over 325 wallets, making it easy for various wallet users to adopt its solution.

It works with popular options such as MetaMask, Trust Wallet, Coinbase Wallet, Ledger Nano S, and many others.

Users can easily carry out transactions by scanning QR codes. They don’t have to go through complex processes before they can transfer funds.

SpacePay accepts many cryptocurrencies, making it easy for users to send money from various crypto portfolios.

How to Purchase SPY Tokens

To buy SpacePay SPY tokens:

  • Visit the presale page
  • Connect your wallet
  • Purchase tokens using ETH, BNB, MATIC, USDT, AVAX BASE, or a bank card
  • Ensure you have sufficient funds for transaction fees

JOIN SPACEPAY COMMUNITY NOW 

Website    |     Twitter   |    Telegram

About ReadWrite’s Editorial Process

The ReadWrite Editorial policy involves closely monitoring the tech, gambling and blockchain industries for major developments, new product and brand launches, AI breakthroughs, game releases and other newsworthy events. Editors assign relevant stories to in-house staff writers with expertise in each particular topic area. Before publication, articles go through a rigorous round of editing for accuracy, clarity, and to ensure adherence to ReadWrite's style guidelines.

James Spillane
Crypto Writer

James Spillane is a crypto trader and writer, producing analytical articles for ReadWrite on the latest market trends and price action of trending assets. Hailing from the UK, James is a BSc Physics graduate from Imperial College London and former Cadet Force Adult Volunteer with Bedfordshire & Hertfordshire Army Cadet Force. When not writing and editing, James enjoys working out and travelling, currently working remotely in South East Asia. James' latest coverage focuses on the growing meme coin market, tracking assets like Dogecoin and Shiba Inu and newer contenders to their market share.

Get the biggest tech headlines of the day delivered to your inbox

    By signing up, you agree to our Terms and Privacy Policy. Unsubscribe anytime.

    Tech News

    Explore the latest in tech with our Tech News. We cut through the noise for concise, relevant updates, keeping you informed about the rapidly evolving tech landscape with curated content that separates signal from noise.

    In-Depth Tech Stories

    Explore tech impact in In-Depth Stories. Narrative data journalism offers comprehensive analyses, revealing stories behind data. Understand industry trends for a deeper perspective on tech's intricate relationships with society.

    Expert Reviews

    Empower decisions with Expert Reviews, merging industry expertise and insightful analysis. Delve into tech intricacies, get the best deals, and stay ahead with our trustworthy guide to navigating the ever-changing tech market.