SPONGEV2 Price Prediction – Is New Polygon Meme Coin The Next 100X Investment?
When we look back on 2023, it is quite likely we will see it as the year meme coins began to take over the crypto world. Having almost been dead in the water, the Pepe Coin (PEPE) explosion breathed new light into the sector, and just like that, everything changed. Meme coins started to dominate the crypto media landscape, and thus, the projects became bigger and bigger.
We are not closing in on the halfway stage of Q1, and yet again, meme coins are all crypto enthusiasts want to talk about. One meme coin that looks like it could take over this year is Sponge V2 ($SPONGEV2). There is a very simple reason for thinking this: it is the second version of a meme coin that was already one of the success stories of 2023.
The meme coin is today grabbing headlines as its launch on Polygon is already proving very profitable for investors. So, let’s examine how this uniquely innovative project strives to build on the success of its version 1 token and could be the next 100x investment.
📣 Attention, #SPONGERS!
Here is some important information to remember about $SPONGE V2!$SPONGE V1 has officially been discontinued, and V2 has been launched on #Polygon! 🔥
Learn more about the token details below 👇https://t.co/TCdxgXx40w
🧵1/3 pic.twitter.com/YZzXOlKmHY— $SPONGE (@spongeoneth) February 6, 2024
SpongeV2- Examining how version 1 thrived despite challenging conditions in 2023
We mentioned in the opening how Pepe Coin (PEPE) sparked a new age for meme coins. It was the perfect example of the crypto dream; investors found a little-known coin, and it pumped by so much that they became millionaires overnight. This started a California gold rush-like event where suddenly every investor wanted to find the next meme coin that would make them a millionaire.
Sponge Token ($SPONGE), the original version of Sponge V2, launched a little while after the Pepe Coin craze. Based on Spongebob Squarepants, one of the most memed shows on the internet, you would think a meme coin like this would be immensely popular.
That wasn’t the case at the start, however, as the coin launched with no publicity on a solitary exchange. One of the reasons for this was the market had turned bearish, and investors’ interest in new meme coins quickly dried up. Despite this, Sponge Token still managed to be a success.
It originally pumped by over 340% and almost single-handedly kept the market’s interest in the meme coin sector through the bearish patch. It grew a cult following that included almost 30k followers on the social media site X (formally Twitter).
Having only been launched on Uniswap at the beginning, 9 other exchanges would then list Sponge Token. The creators showed their commitment to innovation last November when they added staking to the ecosystem. This helped the meme coin pump by another 500%.
How Sponge Version 2 will build on and surpass the success of Version 1
Sponge Token has now been phased out, and we are moving on to the Sponge V2 ($SPONGEV2) generation. How we got here was a very innovative stake-to-bridge process that ensured the ecosystem remained in balance during the transfer of power.
How it worked was anyone who was interested in getting involved in Sponge V2 had to first purchase and then stake $SPOINGE. When they did this, an equivalent amount of $SPONGEV2 was also purchased for them and locked away. When version 1 sold out, version 2 was then claimable along with the rewards they gained from staking, which will be paid out over a 4 year period.
So, Sponge V2 has been launched on the Polygon network and is already drawing a lot of attention. This network means cheaper gas fees and faster transactions, which is perfect for a meme coin. Yesterday $SPONGEV2 pumped by 69%, and that is likely to increase as the coin gets more attention.
If you invested in Sponge Token right at the beginning, you would now be looking at a 3628% return on your investment. This is likely to grow now after the Polygon move, as investors can see a 7000% return once they stake their tokens on the network.
Sponge V2 is really set up now to be the next 100x investment. When you consider how well version 1 did with no foundation to work on, it bodes well for version 2. The built-in social media following and so much more coverage in the crypto media means that $SPONGEV2 should be able to compete with the biggest meme coins in 2024.
The project isn’t resting on its laurels either, as it will add more utility to the mix. A P2E game will be included in the version 2 ecosystem. A Spongebob racing game, it will have free-to-play and pay-to-play options that allow everyone to take part. The paid version will have a global leaderboard that will allow players to win even more $SPONGEV2.
You haven’t seen anything yet! 🧽🧽#SPONGEV2 coming in hot 🔥#MemeCoin #BullMarket #Binance #Coinbase #Crypto #100x #Alts pic.twitter.com/db32pVByQ8
— $SPONGE (@spongeoneth) February 7, 2024
Conclusion
So, we think now you will see why we believe that Sponge V2 could be the next 100x investment in 2024. The seamless transition from version 1 to the new version, along with the added utility, means that Sponge V2 could rival the big dogs in the meme coin market this year.
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When we look back on 2023, it is quite likely we will see it as the year meme coins began to take over the crypto world. Having almost been dead in the water, the Pepe Coin (PEPE) explosion breathed new light into the sector, and just like that, everything changed. Meme coins started to dominate the crypto media landscape, and thus, the projects became bigger and bigger.
We are not closing in on the halfway stage of Q1, and yet again, meme coins are all crypto enthusiasts want to talk about. One meme coin that looks like it could take over this year is Sponge V2 ($SPONGEV2). There is a very simple reason for thinking this: it is the second version of a meme coin that was already one of the success stories of 2023.
The meme coin is today grabbing headlines as its launch on Polygon is already proving very profitable for investors. So, let’s examine how this uniquely innovative project strives to build on the success of its version 1 token and could be the next 100x investment.
📣 Attention, #SPONGERS!
Here is some important information to remember about $SPONGE V2!$SPONGE V1 has officially been discontinued, and V2 has been launched on #Polygon! 🔥
Learn more about the token details below 👇https://t.co/TCdxgXx40w
🧵1/3 pic.twitter.com/YZzXOlKmHY— $SPONGE (@spongeoneth) February 6, 2024
SpongeV2- Examining how version 1 thrived despite challenging conditions in 2023
We mentioned in the opening how Pepe Coin (PEPE) sparked a new age for meme coins. It was the perfect example of the crypto dream; investors found a little-known coin, and it pumped by so much that they became millionaires overnight. This started a California gold rush-like event where suddenly every investor wanted to find the next meme coin that would make them a millionaire.
Sponge Token ($SPONGE), the original version of Sponge V2, launched a little while after the Pepe Coin craze. Based on Spongebob Squarepants, one of the most memed shows on the internet, you would think a meme coin like this would be immensely popular.
That wasn’t the case at the start, however, as the coin launched with no publicity on a solitary exchange. One of the reasons for this was the market had turned bearish, and investors’ interest in new meme coins quickly dried up. Despite this, Sponge Token still managed to be a success.
It originally pumped by over 340% and almost single-handedly kept the market’s interest in the meme coin sector through the bearish patch. It grew a cult following that included almost 30k followers on the social media site X (formally Twitter).
Having only been launched on Uniswap at the beginning, 9 other exchanges would then list Sponge Token. The creators showed their commitment to innovation last November when they added staking to the ecosystem. This helped the meme coin pump by another 500%.
How Sponge Version 2 will build on and surpass the success of Version 1
Sponge Token has now been phased out, and we are moving on to the Sponge V2 ($SPONGEV2) generation. How we got here was a very innovative stake-to-bridge process that ensured the ecosystem remained in balance during the transfer of power.
How it worked was anyone who was interested in getting involved in Sponge V2 had to first purchase and then stake $SPOINGE. When they did this, an equivalent amount of $SPONGEV2 was also purchased for them and locked away. When version 1 sold out, version 2 was then claimable along with the rewards they gained from staking, which will be paid out over a 4 year period.
So, Sponge V2 has been launched on the Polygon network and is already drawing a lot of attention. This network means cheaper gas fees and faster transactions, which is perfect for a meme coin. Yesterday $SPONGEV2 pumped by 69%, and that is likely to increase as the coin gets more attention.
If you invested in Sponge Token right at the beginning, you would now be looking at a 3628% return on your investment. This is likely to grow now after the Polygon move, as investors can see a 7000% return once they stake their tokens on the network.
Sponge V2 is really set up now to be the next 100x investment. When you consider how well version 1 did with no foundation to work on, it bodes well for version 2. The built-in social media following and so much more coverage in the crypto media means that $SPONGEV2 should be able to compete with the biggest meme coins in 2024.
The project isn’t resting on its laurels either, as it will add more utility to the mix. A P2E game will be included in the version 2 ecosystem. A Spongebob racing game, it will have free-to-play and pay-to-play options that allow everyone to take part. The paid version will have a global leaderboard that will allow players to win even more $SPONGEV2.
You haven’t seen anything yet! 🧽🧽#SPONGEV2 coming in hot 🔥#MemeCoin #BullMarket #Binance #Coinbase #Crypto #100x #Alts pic.twitter.com/db32pVByQ8
— $SPONGE (@spongeoneth) February 7, 2024
Conclusion
So, we think now you will see why we believe that Sponge V2 could be the next 100x investment in 2024. The seamless transition from version 1 to the new version, along with the added utility, means that Sponge V2 could rival the big dogs in the meme coin market this year.
Join our WhatsApp and Telegram Community to Get Regular Top Tech Updates
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