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Something odd is happening in crypto circles. Long-time XRP and DOGE holders are moving their money into a lesser-known token called $SPY. These are not newbies chasing hype. These are people who rode XRP from pennies to dollars and watched DOGE go from joke coin to billions in market cap.
So what changed? SpacePay just launched its presale at $0.003181 per token and already raised over $1.3 million. The London startup built something different – a way for any business to accept crypto payments through their existing card machines. No new equipment, no complicated setup, just practical utility that actually works.
XRP and DOGE both have their strengths, but neither one solves the problem of spending crypto at regular stores. SpacePay does exactly that.
XRP and DOGE Served Their Purpose Well
XRP launched in 2012 to speed up bank transfers between countries. Ripple Labs built the XRP Ledger to process transactions in 3 to 5 seconds with almost zero fees. Banks loved this because traditional wire transfers take days and cost way more.
If you grabbed XRP early, you made bank. Another rally came in 2020-2021 that almost reached $2. Fast forward to 2024-2025, and it hit $3.4 – a seven-year high.
But here is the thing. XRP focuses on institutional payments between banks. Regular people cannot walk into a coffee shop and pay with XRP. The use case targets financial institutions, not everyday transactions.
Dogecoin took a completely different path. Created in 2013 as a meme coin featuring a Shiba Inu dog, DOGE became the internet’s favorite cryptocurrency. The community used it for tipping content creators and supporting charitable causes. Elon Musk’s endorsements sent prices wild at times.
DOGE processes blocks every minute and charges tiny fees, making it fast and cheap for small transactions. The coin has an unlimited supply with 10,000 new DOGE minted every minute. This inflationary model encourages spending rather than hoarding.
Both tokens have loyal communities and proven track records. XRP sits at $3+ with a fixed supply of 100 billion tokens. DOGE maintains its position as the original meme coin with massive brand recognition. These are not scams or vaporware projects.
The problem is that neither one addresses merchant adoption. XRP moves money between banks. DOGE works great for online tipping and community fun. But try paying for groceries or getting a haircut with either token. Good luck finding a business that accepts them.
SpacePay Built What Merchants Actually Need
SpacePay went after a different target – the 400 million crypto holders who cannot spend their digital money anywhere useful. The platform works with Android payment terminals that millions of businesses already own. Shop owners download an app, connect it to their card reader, and start accepting crypto that afternoon.
No expensive hardware purchases. No staff retraining sessions. No dealing with blockchain complexity. The system handles all the technical stuff behind the scenes.
Here is where things get clever. SpacePay converts crypto to regular money instantly. When someone pays with Bitcoin, the shop owner gets dollars or euros deposited almost immediately. If Bitcoin tanks later that day, too bad for Bitcoin holders – the merchant already cashed out.
This volatility protection removes the biggest fear that keeps merchants away from crypto. They set prices in dollars and receive exactly that amount every time. The platform takes all the price risk off their shoulders.
SpacePay charges 0.5% per transaction. Compare that to the 2-4% that credit card companies grab. Say a restaurant processes $50,000 each month. Switching saves them $750 to $1,750. That’s real money when your profit margins are already tight.
The platform supports over 325 different cryptocurrency wallets. Customers use whatever app they prefer – MetaMask, Trust Wallet, Binance, whatever. This flexibility matters because nobody wants to download yet another payment app just to buy lunch.
SpacePay creates the missing link between crypto holders and businesses. XRP connects banks. DOGE brings community fun. SpacePay lets people actually spend their crypto at regular stores.
SpacePay Presale Details and Token Structure
The $SPY token presale started at $0.003181 per token. That price increases with each stage, so earlier participants get better deals. The presale already pulled in over $1.3 million without celebrity endorsements or massive ad campaigns.
Token holders get real benefits beyond hoping prices go up. They receive voting rights on platform decisions. Monthly rewards go to active community members. Revenue sharing means holders earn money when SpacePay processes more transactions.
The team created 34 billion total tokens. Only 5% went to founders. Public sale participants get 20%, user rewards claim 17%, and the rest funds development, partnerships, and marketing. This allocation shows focus on long-term growth rather than founder cash grabs.
People can participate using Ethereum, Binance Coin, Tether, USD Coin, or regular bank cards. The low barrier makes presale accessible to retail investors rather than just wealthy players.
Why Smart Money Moves to SpacePay Now
XRP and DOGE both proved that payment cryptocurrencies can reach massive valuations. They created wealth for early believers. The difference is timing and market position.
XRP trades near $3 after years of growth. DOGE carries billions in market cap. Both offer limited upside from current levels compared to their early days. Buying established tokens during mature phases rarely produces explosive returns.
SpacePay sits at a fraction of a cent with working technology and clear utility. The comparison to early XRP or DOGE makes sense given the payment focus. The key difference is that SpacePay targets everyday transactions that affect millions of people daily.
Merchants need crypto payment solutions. Crypto holders want places to spend their digital money. SpacePay connects both sides with technology that actually works. This practical utility drives adoption rather than speculation or hype.
The presale momentum and functional product suggest SpacePay caught something that XRP and DOGE holders already see.
JOIN THE SPACEPAY ($SPY) PRESALE NOW