100X Meme Coin Sponge Readies for Second Leap Forward with V2 Launch – Is $SPONGEV2 the Best Cryptocurrency to Buy Right Now?

adminDecember 19, 2023

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Let’s take a trip down memory lane. Sponge V1 debuted during a bear market in May 2023 as a fair token with an astronomical all-time market cap of nearly $100 million.

Boasting over 13,000 holders at its peak, Sponge V1 has delivered incredible profits to early investors and is traded on over 10 centralized exchanges, including LBank, Toobit, CoinW, BTCEX, Poloniex, MEXC, Gate.io, Bitget, BitKan and BitMart. We secured listing.

In just a few weeks, our social following soared to nearly 30,000, and a successful airdrop campaign distributed nearly $100,000 worth of tokens.

Enter, Sponge V2.

📣 We are excited to announce this. #sponge Connects from V1 to V2!
your $sponge Earn #Sponge V2 token. 🧽︎
Buy and stake now to receive special V2 token bonuses! Don’t miss it 🔥#memecoin #web3 #bull market pic.twitter.com/bYmkg1TNrU
— $SPONGE (@spongeoneth) December 18, 2023

Sponge V2 This is not your typical pre-sale. To acquire this new token, you have two options:

1. Purchase and stake Sponge V1 through the purchase widget on the Sponge.vip website.
2. The stake held Sponge V1 through the Sponge.vip website.

The more V1 tokens you stake and the longer you stake, the more V2 tokens you get. Once the remaining supply of Sponge V1 runs out, you will be able to claim Sponge V2.

Sponge V2 Staking Mechanism and Important Information

Every V1 token transferred to the V2 staking pool holds an equal amount of V2 tokens and earns V2 tokens based on Variable Annual Yield (APY). You can get more V2 tokens by simply staking more V1 tokens.

While highlighting the transition away from V1 token support following the launch of Sponge V2, it is important to remember that staked V1 tokens are permanently locked.

But this time it’s not just about riding the market wave. Sponge V2 introduces Play-to-Earn (P2E) utility to the ecosystem.

Use Sponge.vip’s widget to purchase or stake $SPONGE to receive bonus V2 tokens. Then you can stake V1 Sponge to get more Sponge V2.

Community-Driven Memecoin’s Krabby Patties: An Upcoming P2E Game

The Sponge V2 team is developing custom Play-to-Earn (P2E) games that bring exciting new utilities to the token.

Users will have the opportunity to earn $SPONGEV2 tokens by playing the game and ranking on the leaderboard.

The game offers both free and paid versions, allowing users to play for fun or earn additional in-game revenue by purchasing game credits using $SPONGEV2 tokens.

Sponge V1-V2 Bridge – Stake-Bridge

Sponge V2 marks the relaunch of the legendary Sponge Token and has a unique process to obtain it. Let’s take a look:

1. Holders: Secure your V2 token stake by staking your original $SPONGE tokens via the V2 smart contract through the website.
2. New Buyers: When you purchase $SPONGE through the home page widget, your tokens will be automatically staked in the V2 smart contract.
3. Current staker: withdraw V1 staking contract and stake in V2 smart contract to secure a stake in V2 tokens.

Exclusive features of Sponge V2

Exclusive Releases: $SPONGEV2 can only be obtained by staking $SPONGE.
Purchase and Stake Bonuses: Buy and stake $SPONGE to receive special bonuses on $SPONGEV2.
Permanent V1 lock: Staked $SPONGE tokens are permanently locked.
Passive V2 Rewards: Stake $SPONGE tokens to grow your holdings over 4 years, starting with at least 40% APY.