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.
Insa’s extensive background in the financial realm encompasses roles as a writer, trader, and personal finance coach. Her proficiency spans a wide spectrum, ranging from commodities and indices to forex and cryptocurrencies. Insa’s specialization lies in furnishing strategic investment advice tailored to the fintech investment niche.