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Here’s Why Ethereum, Toncoin, and SpacePay (SPY) Could Lead the Coins to Spike in 2024 and 2025

2h ago•

bullish:

bearish:

The crypto market has volatility of course, but investors are still looking for coins that may increase in value before the end of 2024 and in 2025.

Here are three coins we found:

Ethereum

Ethereum Exchange-Traded Funds (ETFs) are expected to increase ETH’s availability to large investors, propelling its price to new highs. Just as Bitcoin did following the launch of BTC ETFs.

Bitwise’s Matt Hougan believes that Ethereum’s price could increase to more than $5,000. He said ETH has a low inflation rate due to its token burn strategy. This helps maintain its supply and demand.

He also explained the limited supply of Ethereum as an important factor in its potential to grow in value. A large portion of the total Ethereum is locked in staking and DeFi protocols, so there isn’t as much available to be traded.

Hougan believes that if the factors turn out positive, Ethereum ETPs could see a $15 billion inflow over the next 18 months, creating a favorable environment for the coin’s price to spike.

Toncoin (TON)

The integration with Telegram has been a core factor driving the growth of Toncoin. This integration gave it quick visibility, making it amass a lot of active users quickly.

The TON Foundation has taken big steps to strengthen its TON token and ecosystem. They are setting aside 11 million TON to boost the amount of USDT on their network, which will help increase the liquidity pool and promote usage.

Recent data has also shown the steady growth of TON after revealing that it handled more daily transactions than Ethereum. The statistics revealed that TON recorded 4.9 million transactions on July 17, while ETH had 1.2 million, which is a positive sign for the coin’s future performance.

SpacePay (SPY)

The special features of SpacePay and the problem it is solving are making its SPY token receive lots of attention from the crypto community. The crypto platform is working towards improving crypto payments and making digital currency useful for everyday purchases.

SpacePay’s new payment system connects traditional payment systems with blockchain technology. It works with existing card machines, allowing businesses to accept cryptocurrency without changing their whole system.

This makes it much easier and more appealing for companies to start accepting crypto payments.

spacepay

This platform supports many digital wallets, making it useful for a lot of users. SpacePay also ensures transactions occur immediately, which fixes merchants’ issues with crypto. Plus, the crypto project protects users against sharp crypto price changes, so merchants get the agreed-upon amount no matter what.

The SPY token has features that encourage people to use the platform for a long time and help the platform grow. There is a loyalty rewards program that gives monthly airdrops to active users.

Anytime anon searches for SpacePay pic.twitter.com/mHl0Z1cvDK

— SpacePay (@SpacePayLTD) July 16, 2024

SpacePay lets token holders vote on decisions, allowing users to have a say in how the platform develops. This could lead to the addition of new features that would drive more adoption in the space.

SPY holders will also benefit from the revenue-sharing model and early access to new features on the platform, giving them more reason to be more active on the platform.

SpacePay’s method of providing solutions to cryptocurrency, addressing issues that have stopped many people from using cryptocurrencies for everyday purchases, puts SPY in a good position to spike in 2024 and 2025.

The SPY token is still in the presale stage, allowing investors to benefit early as the project grows. is expected to surge upon listing, which will be an added advantage.

SpacePay is providing solutions to the problems of crypto, which could help it receive more adoption and a higher price increase than other more established options.