SpongeBob Price Today SPONGE Price Chart & Market Cap

However, given that Sponge V2 also has a long-term staking perk, early investors may compound their gains even further. Sponge arrived at the heels of PEPE, a memecoin that achieved what who is satoshi no token was able to amidst the crypto winter, launching and quickly reaching the $1 billion market cap. Despite the anonymity of the SpongeBob team, they have been actively promoting the memecoin on social media platforms such as Twitter, Telegram, and Discord. They have also been engaging with the community and answering questions about the project.

Sponge V2 is the second coming of this project which bridges Sponge V1 to Sponge V2 and brings staking and gaming perks. However, Sponge V2 is not only planning to ride the wave of the upcoming bullish movement. It aims to “absorb all the damp”, which is the project’s way of saying that it intends to absorb all the liquidity held by the leading memecoins in the market. The same staking perk that has made Sponge V2 rule the headlines is also the reason for this token’s long-term perks.

Beyond Acquiring Tokens

This result was surprising for most in the crypto space, considering the project didn’t advertise any utilities or had other fundamentals. However, one look at the project’s Twitter is enough to learn that the project continued to inspire confidence among the people. Before investing in cryptocurrency, always perform thorough due diligence on the project.

SPONGE price SPONGE

The coin is focused entirely on the community, and its goal is to increase its market cap to $1 billion, have 100,000 holders and be listed on “tier 1” exchanges, amongst others. The memecoin launched directly on Uniswap and gained considerable momentum following its launch. The original SPONGE coin gained considerable momentum in the crypto space, proving its 100x potential before delivering a $100k+ airdrop.

SpongeBob Price

And the more hype gets built, there more there is a potential for stakers to make early moving gains. Gripped by the memecoin fever, people came in droves, investing in whatever memecoins they found appealing. Sponge, with its quirky look and whacky inspiration, was one of the key tokens that got people’s attention. We also offer an insight into its novel stake-to-bridge model that will give you access to Sponge V2, a new crypto with multiple upsides. Coinscan not only helps you find the best price for Sponge, but is also the ultimate charting platform allowing you to stay up to date with everything regarding Sponge.

Simply add the token to your favorites list at the top right of the screen and click the heart icon to see real-time price and market cap. The total supply of SPONGE is 4.4B SPONGE tokens, of which around 24.6B (61%) is currently circulating, according to the project. Unlike other memecoins that came out as spur-of-the-moment assets and disappeared fast, Sponge persisted.

Investors can increase their holdings over a 4-year period, starting at a minimum APY of 40%. This is one of the reasons that Sponge V2 has become one of the most interesting staking tokens to invest in. Basically, it is a new name for stake-to-earn, except that a different type of token will be rewarded to you in exchange for staking tokens.

The project also announced that the contract is renounced and the first wallet is locked.

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.

Click on the Connect Wallet button at the center of the screen. Make sure that you have an adequate number of ETH or USDT before you do so. If you don’t, we recommend going to Binance, a leading cryptocurrency exchange that lets users buy cryptocurrencies easily and at a low fee.

The current bullish wave that the entire market 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 latest version of Sponge – Sponge V2 – is the relaunch of Sponge V1, a token that broke into the crypto space in May 2023, making more than 3000% gains for those who moved early. Back then, it was the memecoin mania that sustained its growth.

Despite the anonymity of the team, they have been how to buy bake crypto actively promoting the memecoin on social media platforms such as Twitter, Telegram, and Discord. Like many other memecoins, Sponge was launched by an anonymous team. The team has not revealed their identities, and it is unclear whether they will do so in the future.

Market Overview

To get access buying bitcoin cash on localchainlinks buying bitcoin with transferwise to Sponge V2, you must stake your Sponge V1 tokens via the staking pool. Once the token launches, you will gain the exact number of Sponge V2 tokens. Join our community of crypto traders and stay ahead of the curve with our newsletter! Sign up now to receive weekly market briefings delivered straight to your inbox. Sponge (SPONGE) is a highly speculative investment, and investors should be cautious before investing. It is essential to do thorough research before making any investment decisions.

1. Sponge arrived at the heels of PEPE, a memecoin that achieved what no token was able to amidst the crypto winter, launching and quickly reaching the $1 billion market cap.
2. There are thousands of views and hundreds of likes and retweets for this project.
3. $SPONGE is the No. 1 community meme token that gets you ready to absorb the damp!
4. Here is the complete guide that explains how one can buy $SPONGE tokens.

It resulted in the token moving past the $100 million market capitalization. The team claims that Sponge has a strong community and a dedicated team that is working hard to ensure the success of the project. Sponge ($SPONGE) is a memecoin inspired by Spongebob Squarepants. It was released in May 2023 and went on to make 100x gains for early movers.

Here is the complete guide that explains how one can buy $SPONGE tokens. Beyond its staking perks, Sponge is also jumping into the P2E arena to offer a unique Web 3 game to its users. While Sponge maintains a follower count of just close to 30k on Twitter, it is significant considering it is a project that came out of nowhere. There are thousands of views and hundreds of likes and retweets for this project. It indicates that a new community has already started to form around this token.