How To Buy Sponge Crypto Token V1 And V2 Upgrade
The V2 token is an update on $SPONGE that’s being issued as the project comes close to selling out its remaining V1 tokens. The only way to get V2 tokens is by permanently locking V1 tokens, ensuring that V2 slowly becomes the sole token of the $SPONGE community. Visit a centralized crypto exchange to buy Ethereum (ETH) or Tether (USDT).
Investors will need to use one of these tokens to purchase $SPONGE on the project’s site. $SPONGE V2 offers a second chance for investors who missed out on $SPONGE’s original 100x gains. The token has enormous potential and could see listings on Binance and OKX soon after launch. https://www.cryptominer.services/ The $SPONGE community is already listed on several major exchanges, but it’s setting its sights on Binance and OKX—the world’s two largest crypto exchanges. Investors who go through this process will also receive a bonus of V2 tokens equivalent to their purchase of V1 tokens.
$SPONGE originally launched in May 2023 and saw instant success. Many crypto influencers, including Jacob Bury, had singled out the token as having huge potential. It exploded from an initial market cap of $1 million to a market cap of nearly $100 million within days of launch. $SPONGE was one of the biggest meme coins of 2023, exploding 100x to a nearly $100 million market cap at its peak.
If buying ETH or USDT from an exchange, transfer the tokens to the MetaMask wallet after purchase. Sponge exploded by more than 3000% when it launched in May 2023. While the memecoin mania has gone, a new bullish wave is on the horizon. If Sponge is able to capitalize on the current macroeconomic conditions and stay true to its long-term goals, it can potentially explode this year. Sponge V2 is coming at a time when the new bull market is potentially coming. $PEPE currently has a market cap of just over $540 million, and this is our prediction for $SPONGE 12 months from now.
It’s listed on 10 crypto exchanges including LBank, MEXC, Poloniex, Toobit, CoinW, BTCEX, Gate.io, BitMart, Bitget, and BitKan. Investors will need a crypto wallet that’s compatible with ERC-20 tokens in order to get $SPONGE V2. We recommend using MetaMask because it’s free, secure, and easy to use. $SPONGE V2 is looking like one of the best altcoins to buy for 2024. The token could easily surpass a $100 million market cap, delivering a quick 8x gain for investors. It also may not be long after launch before $SPONGE V2 achieves its goal of listing on Binance and OKX.
How to Buy SPONGE V2 ($SPONGE) in Five Simple Steps
However, one look at the project’s Twitter is enough to learn that the project continued to inspire confidence among the people. The game is expected to drop in 2024, although there’s no specific timeline available for its launch just yet. There are a few major milestones that the $SPONGE team has set out for the V2 token. Then click ‘Buy’ to complete the transaction and add the tokens to the wallet.
- $SPONGE V2 has the potential to see 100x gains or more, following in the footsteps of the V1 token.
- ValueWalk also contains archives of famous investors, and features many investor resource pages.
- There is an anticipation that the returns could be bigger this time.
- The only way to get $SPONGE V2 is to buy V1 tokens and stake to bridge to V2.
- The V2 token is an update on $SPONGE that’s being issued as the project comes close to selling out its remaining V1 tokens.
- There are a few reasons why investors could consider buying $SPONGE V2 during the current sale before it lands on exchanges.
Click ‘Stake Tokens’ to stake the newly purchased V1 tokens to the SPONGE V2 smart contract. Staking V1 tokens to this smart contract will permanently lock them. In exchange, investors will receive staking rewards in $SPONGE V2 tokens for the next 4 years.
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The free version will be meant for Web 2 players, and the Web 3 version will be meant for crypto enthusiasts. This move can entice non-crypto gamers to look at P2E games in a new light. The way stake-to-bridge has been designed is akin to a crypto presale. And the more hype gets built, there more there is a potential for stakers to make early moving gains. Sponge first went live on Uniswap and is now available on multiple exchanges. However, now that the token is bridging to Sponge V2, it is important for investors to learn to take advantage of the novel stake-to-bridge model.
Now, click ‘Stake $SPONGE’ to stake and permanently lock the newly purchased $SPONGE V1 tokens. The locked tokens will generate staking rewards in $SPONGE V2 tokens for the next 4 years, starting as soon as $SPONGE https://www.topbitcoinnews.org/ V2 officially launches. Sponge is planning its second coming with the launch of its bridge to Sponge V2 tokens. This new project is leveraging the current bullish fever and is offering different perks.
$SPONGE is already listed on multiple centralized exchanges, but the project has set its sights on some of the biggest exchanges in the world. Editors assign relevant stories to staff writers or freelance contributors with expertise in each particular topic area. Before publication, articles go through a rigorous round of editing for accuracy, clarity, and to ensure adherence to ReadWrite’s style guidelines. It certainly seems possible, especially if $SPONGE lists on Binance and OKX. Reaching this market cap would mean that investors today will earn a 35x return. There are a few reasons why investors could consider buying $SPONGE V2 during the current sale before it lands on exchanges.
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There is an anticipation that the returns could be bigger this time. $SPONGE is a meme coin created around the popular Spongebob Squarepants character. It launched in May 2023 and nearly reached a $100 million market cap in the frenzy around its launch. Now, $SPONGE is back with a V2 token that investors can only get by staking V1 tokens.
$100 Million Market Cap
That represents a gain of nearly 35x from today’s $SPONGE price. $SPONGE V2 has the potential to see 100x gains or more, following in the footsteps of the V1 token. This is a proven project with a huge following and a clear plan for new development.
For starters, investors who buy $SPONGE right now can effectively double their money thanks to the 100% purchase bonus. $SPONGE V2 token is set to launch as soon as the project’s remaining V1 tokens sell out, which could be only a few days away. V2 staking rewards will begin upon launch and investors will be able to claim https://www.coinbreakingnews.info/ V2 tokens earned from their V1 purchase bonus. Investors who buy and stake $SPONGE V1 to bridge to V2 will also receive a 100% purchase bonus. The bonus, paid in V2 tokens, is equivalent to the amount spent on V1 tokens. The bonus $SPONGE V2 tokens can be claimed once all V1 tokens have sold out and the V2 token launches.
Why People are Rallying Behind Sponge Token?
After you have connected the wallet, enter the amount of ETH or USDT that you want to swap Sponge V1 tokens for. Entering the number will automatically tell you the number of Sponge V2 tokens you will receive. Experts believe in this fact since it is less likely that Sponge V2 will wait for long before going live on any cryptocurrency exchange after arrival. There might be some drop-off if unstakers move to quickly cash out their gains. However, given that Sponge V2 also has a long-term staking perk, early investors may compound their gains even further. To get access to Sponge V2, you must stake your Sponge V1 tokens via the staking pool.
