How to Buy SPONGE V2 in March 2024 Complete Guide

how to buy 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.

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 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.

In this guide, we’ll walk you through how to buy $SPONGE V2 and take a closer look at what’s in store for this red-hot meme project. Empower decisions with Expert Reviews, merging industry expertise and insightful analysis. Delve into tech intricacies, get the best deals, and stay ahead with our trustworthy guide to navigating the ever-changing tech market. The new game is expected to increase demand for $SPONGE while also keeping the community engaged. $SPONGE V2 is the second generation of the popular $SPONGE meme coin. Now, $SPONGE is transitioning from its original token to a V2 token that it promises will absorb even more damp.

how to buy sponge token

The only way to get $SPONGE V2 right now is to stake and permanently lock $SPONGE V1 tokens. Investors who stake V1 tokens will earn staking rewards paid in V2 tokens for the next 4 years. For a limited time, investors who buy $SPONGE V1 and stake it will earn a 100% purchase bonus in V2 tokens.

How can I invest in $SPONGE V2?

$SPONGE nearly reached a $100 million market cap in May 2023, and the project has now made that achievement an official goal of the V2 roadmap. This represents a roughly 8x gain for the token from the current $SPONGE price. The current bullish wave that the entire market https://www.cryptominer.services/ has been going through make it a good time to invest in memecoins. Sponge has already proved that it can make parabolic gains for early movers. The same staking perk that has made Sponge V2 rule the headlines is also the reason for this token’s long-term perks.

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. 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.

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 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.

It seems highly likely that $SPONGE will achieve Binance and OKX listings, especially since Binance just listed several similar meme coins. These listings could easily send $SPONGE to a $100 million market cap, a nearly 8x gain from today’s price. $SPONGE V2 is the second generation of the $SPONGE token, a meme coin based on Spongebob Squarepants. $SPONGE V2 aims to reach a $100 million market cap, list on Binance and OKX, and launch a new play-to-earn game. New investors who buy $SPONGE V1 right now in order to bridge to V2 will earn a purchase bonus in V2 tokens.

How to Buy SPONGE V2 in 2024 – Complete Guide

That represents a gain of nearly 35x from today’s $SPONGE price. $SPONGE V2 has the potential to see 100x gains or more, following https://www.topbitcoinnews.org/ in the footsteps of the V1 token. This is a proven project with a huge following and a clear plan for new development.

  1. $SPONGE V2 is looking like one of the best altcoins to buy for 2024.
  2. It surged nearly 100x when it first launched in May 2023, reaching a market cap of nearly $100 million.
  3. It certainly seems possible, especially if $SPONGE lists on Binance and OKX.
  4. The community around this project is clearly passionate and it’s not unrealistic to think that $SPONGE could be the next meme coin to break the $1 billion threshold.

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.

Stake-to-Bridge – A Novel Concept Within the Memecoin Niche

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.

The Future Roadmap of SPONGE V2 Explained

$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 https://www.coinbreakingnews.info/ 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.

$SPONGE is also eyeing a $100 million market cap, which it nearly reached last spring. Listings on Binance and OKX could put this goal within reach, especially if the crypto market turns bullish in 2024 as many analysts predict. Players who pay $SPONGE to play can climb the game’s leaderboards and earn prizes in $SPONGE. There will also be a demo version that’s free to play and doesn’t earn $SPONGE rewards.

Step 3: Connect Wallet to SPONGE V2 Website

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.

The Sponge V2 staking dashboard shows that more than 3.8 billion tokens have been staked, and the current reward rate stands at more than 400%. The current reports suggest that the interest in Sponge V1 tokens is very high. So far, more than $2 million worth of Sponge V1 tokens have been staked and bridged.

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