100x Meme Coin Sponge Launches V2 – Is $SPONGEV2 The Best Crypto to Buy Now?
Investors are scrambling to take a position in the freshest meme coin on the market – Sponge V2 ($SPONGEV2), the next incarnation of the legendary Sponge ($SPONGE) meme coin.
Let’s take a trip down memory lane – Sponge V1 made its debut during the bear market of May 2023, launching as a fair token with an astronomical all-time high market cap of nearly $100 million.
Boasting over 13,000 holders at its peak, Sponge V1 delivered spectacular gains to early investors and secured listings on more than 10 centralized exchanges, including LBank, Toobit, CoinW, BTCEX, Poloniex, MEXC, Gate.io, Bitget, BitKan, and BitMart.
Its social following skyrocketed to almost 30,000 in just a matter of weeks, and a successful airdrop campaign distributed nearly $100,000 worth of tokens.
This is where Sponge V2 comes in.
Sponge V2 is not your typical presale, to acquire this new token, you have two options:
1. Buy and stake Sponge V1 through the Sponge.vip website’s buy widget.
2. Stake held Sponge V1 through the Sponge.vip website.
The more V1 tokens you stake, and the longer you stake them, the more V2 tokens you’ll earn, once the remaining supply of Sponge V1 is exhausted, Sponge V2 will become claimable.
All V1 tokens sent to the V2 staking pool will reserve an equivalent amount of V2 tokens and earn V2 tokens based on the variable annual percentage yield (APY). Simply staking more V1 tokens will result in earning more V2 tokens.
It’s crucial to note that staked V1 tokens will be permanently locked, emphasizing the transition away from supporting V1 tokens post-Sponge V2 launch.
But this time, it’s not just about riding the market waves – Sponge V2 introduces Play-to-Earn (P2E) utility to its ecosystem.
Buy or stake $SPONGE using the widget on
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