How To Buy $SPONGE Next 100x Meme Coin

how to buy sponge coin

Here is the complete guide that explains how one can buy $SPONGE tokens. While Sponge maintains a follower count of just close to 30k on Twitter, it is significant considering it is a project that came out of nowhere. There are thousands of views and hundreds of likes and retweets for this project.

Not only is MetaMask free and secure, but it’s available on many device types and operating systems. Sponge V2 won’t be running an initial coin offering (ICO), presale, or any other conventional fundraising campaign. On the contrary, the only way to buy Sponge V2 is via its stake-to-bridge model. Unlike the original Sponge, V2 is developing a fun play-to-earn game for token holders. First, players will purchase gaming credits with $SPONGEV2.

  1. Investors can increase their holdings over a 4-year period, starting at a minimum APY of 40%.
  2. Now that Sponge is bridging from V1 to V2, people have more than a few reasons to stay invested in this token.
  3. Similar to V1, Sponge V2 will rely on its community-building and marketing expertise.
  4. Passive income seekers can keep their tokens staked and can potentially increase their holdings over the course of the next four years.
  5. However, investors who don’t invest early in these projects typically miss out on these big returns.
  6. Sponge exploded by more than 3000% when it launched in May 2023.

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. Sponge V2 is coming at a time when the new bull market is potentially coming. Once you have found the official website, you will need to connect your crypto wallet.

Whilst she was studying for her degree, Ruby spent time learning about personal finance, investing and trading. She has written content for The Motley Fool UK, Bankless Times and Cryptonary where she also worked as an editor. Her interest in cryptocurrency came about after writing a piece for The Motley Fool about the rise of CBDCs. Since then, Ruby has actively invested in the crypto market with a focus on long-term investing.

How to buy $SPONGE 2024 – conclusion

Meme coins are also known as shitcoins due to their lack of utility. However, despite the skepticism that surrounds these tokens, some of the best shitcoins have seen huge returns for early investors. Most recently, Pepe coin surged by over 3000%, sending the token to the moon. However, those who missed out on the chance to profit from the gains were left seeking an alternative option. Instead, simply visit the Sponge website and click ‘Staking V2’.

If not, you can buy Ethereum or Tether from any reputable exchange. You can then withdraw the tokens from the exchange to MetaMask. The Sponge V2 website supports the best crypto wallets via WalletConnect.

how to buy sponge coin

Instead, the team is relying solely on the power of marketing and buzz to encourage investors and reach a market cap of 1bn. The token has a strong discord and telegram community and is also beginning to make headlines in the crypto space as the next meme coin to 100x. However, investors who don’t invest early in these projects typically miss out on these big returns. Here, we will take a look at how to buy $SPONGE so that you can profit from the project in 2024. These are just a few examples of high-growth meme coins; there are many more.

New Play-to-Earn Game

At this stage, it is not crazy to think that $SPONGE could be the next meme token to explode. $SPONGE is the latest meme coin to hit exchanges and has already generated hype amongst meme enthusiasts. The project stands out from other crypto offerings because the token went straight to DEX listing and did not go through any presale. Sponge V2 is a new meme coin, backed by the original Sponge team. V1 holders will need to bridge to V2, meaning Sponge V2 already has a community of 11,300 holders. Sponge V2 wants to be even more successful than V1, which increased by 10,000% after launching in May 2023.

This enables you to invest in Sponge V2 and safely store your tokens. Sponge 2 aims to be listed on all of the aforementioned exchanges. Considering its huge global community and increased public exposure, Sponge 2 has every chance of achieving this goal.

Should I buy Sponge token?

You can use Meta Mask, Wallet Connect, UniSwap Wallet and Coinbase Wallet to buy $SPONGE. However, mobile users may want to consider Wallet Connect or Coinbase Wallet. If you already hold Sponge V1 and want to buy Sponge V2, the investment process is even easier. This is because you won’t need to buy Sponge V1 with Ethereum or Tether. This includes browser extensions for Chrome, Firefox, Edge, Brave, and Opera. We’d suggest opting for a browser extension, as the Sponge V2 investment process is a lot more seamless.

First and foremost, Sponge V2 is backed by the same team behind Sponge V1. The team has already proven itself in the meme coin niche. After all, it helped early backers make a 100x return on their original investment. After you have connected the wallet, enter the amount of ETH or USDT that you want to swap Sponge V1 tokens for.

With that in mind, here is a quick guide to buying Sponge. Ruby is a Finance Editor who has 5 years of experience in the finance and cryptocurrency space. Ruby attended the University of Winchester where she received a BSc in Psychology. During her studies, Ruby developed an interest in financial psychology and began writing content around the topic on a freelance basis.

To understand why Sponge V2 could be the next crypto to explode, let’s take a step back. For those who missed the action earlier this year, Sponge V1 went from a market capitalization of $1 million to $100 million in days. Experts believe in this fact since it is less likely that Sponge V2 will wait for long before going live on any cryptocurrency exchange after arrival. There might be some drop-off if unstakers move to quickly cash out their gains. However, given that Sponge V2 also has a long-term staking perk, early investors may compound their gains even further. The way stake-to-bridge has been designed is akin to a crypto presale.

Entering the number will automatically tell you the number of Sponge V2 tokens you will receive. However, the whitepaper has said that users will be able to earn $SPONGEV2 tokens by playing. The free version will be meant for Web 2 players, and the Web 3 version will be meant for crypto enthusiasts. This move can entice non-crypto gamers to look at P2E games in a new light. The same staking perk that has made Sponge V2 rule the headlines is also the reason for this token’s long-term perks.