$SPONGE Crypto’s V2 Launches – Can This Memecoin Become 100X Your Money?

With the release of a new roadmap and improved V2 utilities, $SPONGE is gearing up for another 100x rally in the expected 2024 bull market.

The $SPONGE token has achieved notable success since its launch in May 2023, skyrocketing from a market capitalization of $1 million to over $100 million. This has attracted enthusiastic investors attracted by the potential for significant growth.

The upgraded version, Sponge V2, is set to continue on a similar trajectory with the goal of taking its success to the next level.

Watch the video below to learn more about the Sponge V2 launch, and be sure to subscribe to Jacob Crypto Bury’s YouTube channel for more crypto-related content. Jacob also moderates a 20,000-member Discord community where he provides trading tips and insights on upcoming cryptocurrency presales.

$SPONGEV2 Launch and Understanding Token Dynamics

In 2023, $SPONGE emerged as a prominent meme coin, delivering impressive 100x returns to early adopters and quickly gaining widespread popularity. Major cryptocurrency exchanges such as MEXC, Gate.io, and Poloniex rushed to list Spongebob-themed tokens.

Now $SPONGE is making a comeback with V2, an upgraded version that surpasses the existing V1. Switching between versions will be seamless, allowing holders to stake $SPONGE and earn new Sponge V2 tokens.

The unique distribution mechanism permanently locks V1 tokens into a staking contract, removing them from circulation. The Stake-to-Bridge utility for acquiring $SPONGEV2 is a proprietary method that differentiates it from the standard presale.

You can position yourself for V2 in two ways: This means you can purchase and stake Sponge V1 via the purchase widget on the Spongetoken.vip website, or stake your existing Sponge V1 directly on the website. The length of the staking period is correlated to the number of $SPONGE tokens staked and affects the amount of V2 tokens earned.

Participants in the V2 Staking Pool will receive the same amount of V2 tokens along with additional tokens based on the current 301% APY yield, which is expected to decrease as more investors participate. The total amount currently staked and bridged exceeds $4.7 million, with the current price well exceeding the V1 launch price.

Go beyond staking with $SPONGE’s new utility features

The exclusive way to earn Sponge V2 tokens includes participating in the stake-bridge mechanism. If you don’t already have MEM Coins, you’ll need to purchase $SPONGE V1 and stake them in the V2 contract on the website. Newcomers can benefit from purchase and stake bonuses that provide additional rewards.

Existing $SPONGE holders staking in the V1 contract will need to withdraw their assets and re-stake in the V2 contract to obtain the updated tokens. After the staking period, users will be able to claim $SPONGEV2 tokens through the platform interface, with specific dates and times announced on social media channels.

Besides the stake-bridge mechanism, the $SPONGE team does not only invest in bullish markets for another 100x return. Instead, they aim to release a variety of utilities, starting with engaging Play-to-Earn (P2E) games.

This unique racer-style game provides an additional feature to the ecosystem, allowing players to accumulate additional $SPONGE tokens by achieving higher ranks on the leaderboard and injecting an element of competition into the ecosystem.

🎮🌟 Get ready to explore something unique. #PlayToEarn In game #SpongeV2!

Play, Enjoy, Earn $sponge! 🧽

Visit our website and get involved before it’s too late. 🤯⏰ #P2E #stress #memecoin #web3 pic.twitter.com/bI8DLlgfA9

— $SPONGE (@spongeoneth) January 16, 2024

The game offers both free and paid versions, the latter of which requires players to earn credits using $SPONGE to receive rewards. This credit system introduces a utility aspect to $SPONGE, a feature noticeably absent from many meme coin projects.

Join the Sponge ecosystem by actively participating through our official Telegram channel and their official channels. Confirmed (formerly Twitter) account, where ongoing updates on exchange listings and development schedules are regularly shared. To participate in the $SPONGEV2 presale, visit Spongetoken.vip.

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