Crypto Zeus Review Sponge V2 Token – Best Low Cap Gems for the Meme Bull Run of 2024

adminDecember 31, 2023

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Crypto Zeus reviewed $SPONGEV2, a low-cap coin, for his 68,000 YouTube followers, highlighting its unique staking method and play-to-earn gaming integration.

Meme Coin is back in the spotlight amid the ongoing cryptocurrency bull market, and investors are looking for the next Meme Coin to dominate 2024.

Sponge V2 is gaining momentum by building on the success of its predecessor, $SPONGE, which delivered a 100x return for early investors and was the best-performing product of 2023. Now the project is expecting even more tangible benefits with the introduction of Sponge V2.

$SPONGE is preparing for its next phase with the impending release of Sponge V2. Following the rapid success of the original $SPONGE token, which saw its market capitalization skyrocket from $1 million to over $100 million earlier this year, the upgraded version is eager to take the project even further.

Sponge V2 tokens can only be earned through staking Sponge V1 tokens, with additional incentives for purchasing and staking $SPONGE tokens. Current Sponge V2 staking Annual Percentage Yield (APY) exceeds 500%, with over 3 billion $SPONGE tokens already staked at press time.

Switching to Sponge V2 – A Comprehensive Guide to Staking and Token Migration

Moving from Sponge V1 to Sponge V2 is done by staking V1 tokens. You will need to take out the tokens currently in the V1 staking pool and re-stake them into the new V2 staking pool. All V1 tokens must be withdrawn as the V1 staking pool is shutting down.

current striker

For users staking original $SPONGE tokens, they will need to take those tokens out of the V1 staking contract and then stake them into the V2 smart contract to guarantee their portion when the V2 tokens are released.

current holder

If users hold original $SPONGE tokens, they will need to stake them in the V2 smart contract to secure a portion of the V2 tokens at launch.

new buyer

Users without tokens can earn $SPONGE through the website widget, and the purchased tokens will automatically be staked in the V2 smart contract to secure a stake when the V2 token is released.

🔥 IMPORTANT NOTICE! 🔥
You have to take your stumbling blocks. $sponge Take tokens from the V1 staking contract and stake them into the V2 smart contract. 🙌
Once the V2 tokens are released, you can secure your share of the V2 tokens by doing this through our website. 🧽🧽🧽#SpongeCoin #web3 #Cryptocurrency pic.twitter.com/u2HKxKz3cM
— $SPONGE (@spongeoneth) December 28, 2023

Important Staking Information

If you send all your V1 tokens to the V2 staking pool, an equal amount of V2 tokens will be reserved and you will earn V2 tokens with variable APY. The earning potential of V2 tokens increases with the quantity of V1 tokens staked.

It is important to understand that staking V1 tokens will permanently lock them within the V2 staking pool, making them impossible to withdraw or sell. Nonetheless, these staked V1 tokens will continue to accumulate V2 tokens over the next four years.

At the end of the staking period, users can redeem Sponge V2 tokens through the official website. The schedule will be announced via social media channels in the coming days.

$SPONGEV2 token brings a new dimension to Play-to-Earn games

Sponge V2 enhances the entertainment element of the Sponge ecosystem by introducing exciting features through custom Play-to-Earn (P2E) game development. Users can earn $SPONGEV2 tokens by participating in games and achieving leaderboard rankings.

Sponge P2E game offers both free and paid versions, so users can have fun playing in the free version or utilize $SPONGEV2 tokens to earn game credits. These credits allow users to play and earn additional $SPONGEV2 tokens.

With the $SPONGEV2 token now driving in-game revenue, Sponge V2 provides unparalleled value to the meme coin community. More details about the game will be shared through social channels closer to release date.

Sponge V2 Token Economics and 3-Step Roadmap for Sustainable Growth

Liquidity was essential to the success of Sponge V1, with 10% of $SPONGEV2 supply allocated to centralized exchange (CEX) liquidity. Of the total 150 billion supply, 43.09% is allocated to staking rewards, 7.5% to marketing, 4.47% to game development, and 8% to P2E rewards.

Sponge V2 represents a new era of meme coins that offer real utility. The roadmap consists of three stages: Phase 1 includes the staking launch and Sponge game research. Phase 2 includes claiming $SPONGEV2 and listing the coin. Phase 3 includes listing of Phase 1 centralized exchanges and launching the Sponge Game app.

Invest $SPONGEV2 at Sponge.vip.

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