Sperax (SPA) is a breath of fresh air in the cryptocurrency landscape due to its innovative decentralized finance approach. The core functionality of the project is to build reliable decentralized financial products along with its services. Do you wish to know more about Sperax (SPA)? We have all the relevant information you need to know. Check out the functionality, current performance data, historical price analysis, future price prediction, buying options, buying processes, and credibility.
Let us explore Sperax (SPA).
Sperax (SPA): Project Overview
Sperax (SPA) was established in late 2019 as an open-source development team. The project is dedicated to creating software solutions on the Sperax protocol. The primary focus of this project is the development of decentralized financial products and services.
It has the native stablecoin Sparex USD, which is backed up by on-chain collateral. USD functions on the Demeter protocol and Arbitruim network. This combines security and efficiency for transactions.
SPA tokens serve as the backbone of the ecosystem. They can be used for governance and the token holders can participate in the decision-making process. The auto-yield feature of the network allows users to yield by simply holding USD in their wallets.
Sperax (SPA): Three Month Price Prediction
If you are interested in investing in Sperax (SPA), we recommend you check the price prediction of the token. This can help you analyze the perfect entry and exit points.
Professional traders look out for price predictions before initiating investment schemes. We have made the three-month price prediction of Sperax (SPA) based on the market trajectory and key performance indicators.
Check out the three-month price prediction of Sperax (SPA):
| Month, Year | Minimum Price Prediction | Average Price Prediction | Maximum Price Prediction |
| December 2024 | $0.026339 | $0.026343 | $0.026347 |
| January 2025 | $0.02468 | $0.02618 | $0.026541 |
| February 2025 | $0.025672 | $0.025905 | $0.026525 |
Sperax (SPA): Current Performance Data
The current trading volume of Sperax (SPA) is 97,991,358 for the past 24 hours. This indicates that the project has increased by 238.60% in the past 24 hours. The recent rise in market activity signals the acceptance and adoption of the project in the crypto market.
The market capitalization of Sperax (SPA) is $51,918,981. It has a circulating supply of 1,935,560,785. The token’s total supply is 4,607,363,277 and the maximum supply is 5,000,000,000. The fully diluted version is the systematic representation of the maximum market capitalization.
The FDV is calculated assuming that the maximum number of SPA tokens in circulation is 5 billion for the day. The FDV of Sperax (SPA) is $120,954,315.
Sperax (SPA): Historical Performance Data
Sperax (SPA) has witnessed a price hike of 227.00% in the last seven days. The token is outperforming the cryptocurrency market compared to similar cryptocurrencies, up to 4.50%. The lowest recorded price of Sperax (SPA) is $0.003286, recorded on September 22, 2023.
Compared to the lowest recorded price, the current price is 699.0% higher. The 24-hour price of Sperax (SPA) ranges between $0.01726 and $0.03481. The seven-day price ranges between $0.07911 and $0.03348.
Where Can You Buy Sperax (SPA)?
The cryptocurrency exchange functions as the portal that helps in the trade of cryptocurrencies. The exchange functions as the trading partner, hence it is important to choose the right exchange partner. There are different exchange options for investing in Sperax (SPA) tokens.
The SPA tokens are available on centralized cryptocurrency exchanges. Coinbase is the most popular option, with a trading volume of $67,219,518 for the last 24 hours. The most active trading pair of SPA is SPA/USD.
You can also explore other options like Gate.io and KuCoin. If you are confused about the options, you can compare them. Check the transaction fees, reliability, and customer reviews.
How Can You Invest in Sperax (SPA)?
After finalizing the investment budget, you can proceed to invest in Sperax (SPA). There are multiple steps involved in the process. Here is how you can invest in the token:
Step 1: Exchange Account Creation
The initial step is to create your free account on the website and application. Make sure to research the exchange before choosing the most suitable option.
Step 2: Funding Method
After the account is created, you have to fund it to buy Sperax (SPA). There are different payment methods available in most exchanges. You can choose from Credit Cards, Debit Card, P2P Trading, Bank Deposit and Third-party Payment. Choose the most convenient payment method from the options.
Step 3: Purchasing Sperax (SPA)
Check for Sperax (SPA) in the buy and sell option of the exchange. You have to navigate to the section and carefully choose SPA from the options. If the current price of SPA seems to be higher than your investment budget, you can choose to buy a fraction of the token.
Step 4: Transferring SPA
The final step is to transfer the SPA token to your wallet. It is possible to hold the token in your account. You can save the SPA in your cryptocurrency wallet or trade it for additional passive revenue.
Sperax (SPA): Final Thoughts
Sperax is committed to building a better decentralized finance environment. The major focus of the project is to maintain the DeFi financial system stronger against potential threats.
In addition to technological advancement, Sperax (SPA) fosters a healthy and vibrant community base. The multip-layer security approach of the project maintains its integrity and reliability.
As per the analysis of the project, Sperax (SPA) seems to be a credible investment option. However, you are advised to check your facts before investing. The cryptocurrency landscape is different from traditional investments and hence requires your research and attention.
