How to Buy and Sell SPONGE Tokens: Explore All SPONGE Markets
Out of a total supply of 40.4 billion tokens, Sponge has allocated 61% towards DEX liquidity, 29% towards unity, and 10% towards CEX. As a popular multi-chain crypto wallet, MetaMask offers the perfect solution to securely store your Sponge V2 tokens and other digital coins and earn staking rewards. MetaMask is one of the most popular crypto wallets used by over 30 million people globally. If you own the Sponge V2 (SPONGE) meme coin, you can store it securely on your MetaMask wallet. Now, here are the step-by-step instructions on how to add Sponge V2 (SPONGE) to MetaMask wallet.
Join our community of crypto traders and stay ahead of the curve with our newsletter! Sign up now to receive weekly market briefings delivered straight to your inbox. The total supply of SPONGE is 4.4B SPONGE tokens, of which around 24.6B (61%) is currently circulating, according to the project. Traditional financial media like Reuters, Bloomberg and CNBC are also increasingly covering the 2024 resurgence in meme coins and “meme mania”, coinciding with the Sponge V2 launch. Now that we’ve explored the basics, let’s take a deep dive into the investment thesis and discover why Sponge V2 tokens could be the next crypto to explode.
Adding any ERC-20 token like SPONGE to your MetaMask wallet is quick and uncomplicated. Just use the custom token method and input the right contract address along with other details accurately. You have officially added SPONGE meme coin to your MetaMask wallet and can now store, send, receive, and even interact with dApps that support it. Sponge exploded by more than 3000% when it launched in how to buy ethereum on coinbase May 2023. While the memecoin mania has gone, a new bullish wave is on the horizon. If Sponge is able to capitalize on the current macroeconomic conditions and stay true to its long-term goals, it can potentially explode this year.
- Basically, it is a new name for stake-to-earn, except that a different type of token will be rewarded to you in exchange for staking tokens.
- Gripped by the memecoin fever, people came in droves, investing in whatever memecoins they found appealing.
- Compare the price of Sponge V2 across every exchange to find the best price for Sponge V2, the best volume, or the highest-rated exchange to buy Sponge V2 from.
Where do I get the SPONGE token contract address from?
Compare the price of Sponge V2 across every exchange to find the best price for Sponge V2, the best volume, or the highest-rated exchange to buy Sponge V2 from. After committing to Sponge and picking an exchange, prepare your funds while also considering possible fees. CoinScan Markets page lists every exchange selling Sponge, both centralized and decentralized. Compare the price of Sponge across every exchange to find the best price for Sponge, the best volume, or the highest-rated exchange to buy Sponge from.
What Makes Sponge (SPONGE) Unique?
One of the unique features of Sponge is its partnership with Tamadoge, a Web3 gaming project. This collaboration has resulted in an airdrop that has generated a lot of hype among crypto and Web3 enthusiasts. Sponge (SPONGE) is a highly speculative investment, and investors should be cautious before investing. It is essential to do thorough research before making any investment decisions.
How Is Sponge (SPONGE) Secured?
They have also been engaging with the community and answering questions about the project. Despite the anonymity of the SpongeBob team, they have been actively promoting platform as a service wikipedia the memecoin on social media platforms such as Twitter, Telegram, and Discord. Like many other memecoins, Sponge was launched by an anonymous team. The team has not revealed their identities, and it is unclear whether they will do so in the future.
There is an anticipation that the returns could be bigger this time. The project’s May 2023 launch resulted in 100x returns, and the same could happen again if the current level of craze for this token is maintained in the days to come. However, Sponge V2 is not only planning to ride the wave of the upcoming bullish movement. It aims to “absorb all the damp”, which is the project’s way of saying that it intends to absorb all the liquidity held by the leading memecoins in the market. The latest version of Sponge – Sponge V2 – is the relaunch of Sponge V1, a token that broke into the crypto space in May 2023, making more than 3000% gains for those who moved early. It resulted in the token moving past the $100 million market capitalization.
Sponge has already proved that it can make parabolic gains for early movers. Sponge is planning its second coming with the launch of its bridge to Sponge V2 tokens. This new project is leveraging the current bullish fever and is offering different perks. These perks, which include staking and P2E, spell good news for early movers. Those interested in this project should consider going to sponge.vip and buying Sponge tokens to stake them. With the announcement of stake-to-bridge, multiple investors are coming together to buy Sponge.
There are thousands of views and hundreds of likes and retweets for this project. It indicates that a new community has already started to form around this token. The current reports suggest that the interest in Sponge V1 tokens is very high.
Sponge ($SPONGE) is a memecoin inspired by Spongebob Squarepants. It was released in May 2023 and went on to make 100x gains for early movers. Sponge V2 cryptocurrency cfd trading 2020 is the second coming of this project which bridges Sponge V1 to Sponge V2 and brings staking and gaming perks.
The team claims that Sponge has a strong community and a dedicated team that is working hard to ensure the success of the project. Focused on community and gaming, SPONGE’s goal is to increase its market cap to $1 billion, attract over 100,000 holders, and secure listings on “tier 1” exchanges. The unique stake-to-bridge model for obtaining Sponge V2 tokens aims to give early investors a first-mover advantage before the token is listed on exchanges at likely higher prices. It also provides a long-term stream of passive V2 token rewards.
So far, more than $2 million worth of Sponge V1 tokens have been staked and bridged. Those who refrain from extracting their Sponge V2 tokens as soon as they arrive will get access to a lucrative APY. With over 27k followers on Twitter, Sponge continues to maintain a respectable market capitalization to this day, hovering just above the $12 million mark. After committing to Sponge V2 and picking an exchange, prepare your funds while also considering possible fees. Our exchange reviews extensively cover fees and requirements, helping you plan for transaction fees, withdrawal fees, and network costs. CoinScan Markets page lists every exchange selling Sponge V2, both centralized and decentralized.
The memecoin launched directly on Uniswap and gained considerable momentum following its launch. This will help expand the community of holders, in turn making the token more attractive to new investors. Many analysts believe that Sponge V2 will replicate the success of the original Sponge V1. The returns could potentially be even bigger, considering the strong bullish sentiment and capital inflows in the current crypto markets compared to the V1 launch. The current bullish wave that the entire market has been going through make it a good time to invest in memecoins.
After you have connected the wallet, enter the amount of ETH or USDT that you want to swap Sponge V1 tokens for. Entering the number will automatically tell you the number of Sponge V2 tokens you will receive. The price of Sponge V1 tokens at press time is accumulating around the $0.0005 mark, which means spending 0.1 ETH will allow you to earn about 378.4k Sponge V2 tokens.
