Senin , Juni 17 2024

How To Buy Sponge Crypto Token V1 And V2 Upgrade

how to buy sponge coin

However, investors must conduct their own research first. 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 and buying Sponge tokens to stake them.

That said, investors will receive their first batch of V2 tokens before they are listed on crypto exchanges. The aim is to become one of the next upcoming Binance listings, alongside other tier-one exchanges. Ever since the launch of Dogecoin in 2013, meme coins have been known to bring excellent returns to early investors. Some of the best projects to see huge gains include Tamadoge, Shiba Inu and most recently, Pepe coin.

how to buy sponge coin

Unlike other memecoins that came out as spur-of-the-moment assets and disappeared fast, Sponge persisted. To invest in $SPONGE and make the most of future gains, you will need to buy the token from the exchange which can be accessed by the official $SPONGE website. Look for the order form at the top of the Sponge V2 website. Select the cryptocurrency you’re using to invest (Ethereum or Tether). MetaMask also supports debit/credit card facilitates via third-party processors.

Is $SPONGE legit?

Although Sponge V2 is a risky investment, it has every chance of being the next meme coin to blow up. It already has a ready-made community of over 11,300 V1 holders. Although Bitcoin still trades below its former all-time high, there’s no denying that Meme Coin Mania is back. Throughout 2023, we’ve seen many meme coins explode in value.

  1. Is the second edition of Sponge; a popular meme coin that exploded in May 2023.
  2. What’s more, Sponge V1 has secured over 11,300 token holders, as per EtherScan.
  3. However, investors must conduct their own research first.
  4. So far, more than $2 million worth of Sponge V1 tokens have been staked and bridged.

Additionally make sure your User-Agent is not empty and is something unique and descriptive and try again. If you’re supplying an alternate User-Agent string,try changing back to default as that can sometimes result in a block. The information on this website is for educational purposes only, and investing carries risks. Always do your research before investing, and be prepared for potential losses.

Tier-One Exchanges Continue to List Meme Coins

If you don’t, we recommend going to eToro, a simple crypto-trading platform that lets users buy cryptocurrencies easily and at a low fee. Beyond its staking perks, Sponge is also jumping into the P2E arena to offer a unique Web 3 game to its users. Investors can increase their holdings over a 4-year period, starting at a minimum APY of 40%. This is one of the reasons that Sponge V2 has become one of the most interesting staking tokens to invest in. For instance, we’re buying 1 ETH worth, which gets us 4,835,252 $SPONGEV2 tokens.

There is an anticipation that the returns could be bigger this time. Back then, it was the memecoin mania that sustained its growth. It resulted in the token moving past the $100 million market capitalization. Sponge first went live on Uniswap and is now available on multiple exchanges. However, now that the token is bridging to Sponge V2, it is important for investors to learn to take advantage of the novel stake-to-bridge model.

how to buy sponge coin

For instance, we mentioned earlier that Sponge V1 is already available on, MEXC, and other high-volume exchanges. Similarly, Bonk is listed on Binance, KuCoin, and even Coinbase. Pepe has also secured many tier-one listings, including Binance, Kraken, and Gemini. Put simply, Sponge V2 is the next chapter of the original Sponge.

Similar to V1, Sponge V2 will rely on its community-building and marketing expertise. It will create similar, if not even greater levels of hype and FOMO. This means partnering with leading crypto news publications, influencers, and Reddit communities. Once you buy $SPONGE tokens, they will be automatically staked. After the bridge is complete, you will get an equivalent number of $SPONGEV2 tokens. The Sponge V2 staking dashboard shows that more than 3.8 billion tokens have been staked, and the current reward rate stands at more than 400%.

Is Sponge token going to explode?

This includes, MEXC, Bitget, Poloniex, and CoinW. Ultimately, the expertise of the Sponge V1 team is vital for the next chapter. With the announcement of stake-to-bridge, multiple investors are coming together to buy Sponge.

Nonetheless, some analysts believe that Sponge V2 could be next. Not only is the broader crypto market bullish, but there are some key events lined up next year. The current bullish wave that the entire market has been going through make it a good time to invest in memecoins. Sponge has already proved that it can make parabolic gains for early movers. With Sponge V2, investors have a second chance to make gains.

The aim of the project is to generate excellent returns for investors and to build a community of investors who believe in the token’s ability to increase in value. Spongbob token has been created to repeat the success of Pepe coin. The coin is considered to be the best opportunity for anyone who missed out on Pepe coin hype.$SPONGE is a legit project that can be found on etherscan. However, the price of meme tokens moves quickly and there is no guarantee that you will make returns if you invest too late!

Head over to the Sponge V2 websiteclick ‘Connect Wallet’ followed by ‘MetaMask’. Open your MetaMask wallet and confirm the connection to Sponge V2. Explore its different sections and analyze its whitepaper by yourself as well. Learn what the perks are to find out what could be the upsides specifically for you if you decide to invest. With over 27k followers on Twitter, Sponge continues to maintain a respectable market capitalization to this day, hovering just above the $12 million mark.

Connect your crypto wallet and type in the number of Sponge V1 to stake. The V1 tokens will then be bridged, meaning your staking rewards will be paid in Sponge V2. 26.93%, or 40.4 billion $SPONGEV2 tokens, will be available to early investors.

Tinggalkan Balasan

Alamat email Anda tidak akan dipublikasikan. Ruas yang wajib ditandai *