Sponge Token Getting Attention with Upcoming Sponge V2 Launch
As excitement grows over the launch of Sponge V2, investors are once again drawn to the Sponge token ecosystem. In 2023, $SPONGE saw a surge in value with a market cap of $100m, only to experience a subsequent retracement.
Now, Sponge V2 is set to be released, and the $SPONGE price has rallied aggressively, currently trading at an impressive +1,010% increase from its all-time low last year. The price is coiled up against resistance around $0.0008, positioning the token to potentially gain value in the future.
Sponge Staking Offers Huge Opportunities with Above 300% APY
To secure the new Sponge V2 tokens, holders and investors can purchase them using ETH, USDT, or fiat via the Sponge.vip website. Existing holders of the original $SPONGE token can bridge their holdings to Sponge V2 via the staking mechanism, which currently provides a staking APY of over 300%.
🎉 Huge Milestone Alert! 🎉
We’ve just surpassed an incredible 5,010,192,318 $SPONGE tokens staked, valued at $3,998,276.67! With a current APY of over 300%, our community is thriving like never before. Join us now and absorb the damp! 🧽💦#SpongeV2 #Crypto pic.twitter.com/KIVvh77dQZ— $SPONGE (@spongeoneth) January 15, 2024
It’s a significant development, as nearly $4 million in total value is now locked into the staking bridge, indicating a strong vote of confidence in the future of the Sponge project.
Sponge Meme Coin Catches Attention of Influencers
The promise of high-APY staking and potential returns has drawn the attention of leading crypto influencers. Jacob Bury predicted a 10x return for $SPONGEV2 upon launch, While Michael Wrubel highlighted the huge 6-figure return he made on the original $SPONGE pump, but Dutch YouTuber Corné Marchand suggested that the Sponge V2 token could explode as much as 100x by the end of 2024. With this attention, it’s a compelling time to consider getting involved in the Sponge project.
Follow Sponge on X (formerly Twitter), Discord, and Telegram to stay up to date with the latest project news.
Hot Take
Don’t miss out – the Sponge V2 staking mechanism holds great potential rewards. With the increasing interest and support for Sponge, now is the time to get involved for promising investment opportunities.
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