Is This Meme Coin the Future? Unveiling the Potential for Massive Returns
As Dogecoin (DOGE) consolidates near its 21DMA at $0.18 after having pulled again over 20% from final month’s highs, Dogecoin traders are shifting focus to an thrilling new meme coin known as Sponge (SPONGE) as they hunt for 1,000% returns.
Dogecoin stays the undisputed king of the crypto meme cash. However its monstrous market cap of final round $25.58 billion suggests the scope for additional features is considerably restricted.
Positive, Dogecoin may 5x nonetheless this bull market. However many meme coin traders shall be concentrating on greater features, of 1,000%, or 20x or extra.
Such traders ought to seek for thrilling new meme cash with a lot decrease market caps, and quite a lot of viral potential.
A meme coin known as Sponge ($SPONGE) suits this invoice completely, after launching its V2 on Polygon earlier this 12 months.
The unique Sponge token practically hit a market cap excessive of $100 million final 12 months.
Nevertheless, the token migrated to Polygon to utilize its decrease charges and sooner transactions a month in the past. And the migration to Polygon has ignited a surge within the $SPONGE worth.
$SPONGE hit a market cap of as a lot as $160 million in March. It’s since fallen again to a market cap of round $80 million, providing traders the prospect to purchase the dip.
Purchase Sponge Right here
$SPONGE – Thrilling New Meme Coin Aiming for 1000% ROI
Sponge isn’t simply any outdated utility-lacking meme coin.
The thrilling new meme coin affords a passive earnings alternative and in addition features because the native token of a play-to-earn (P2E) racing sport.
Sponge consumers who stake their tokens can safe yields of as much as 368%, as per the official Sponge web site.
Milestone alert, #SPONGERS! 🔥
There are actually over 9.5 billion $SPONGE tokens staked with a price of $20,333,984.53! 🤯
Our holders are having fun with a powerful present APY of +150%. 🚀
Be a part of us and soak up the damp!! 🧽🧽💦#SpongeV2 #Crypto #Web3 #Alts pic.twitter.com/fIDwcuk26c
— $SPONGE (@spongeoneth) April 2, 2024
In the meantime, the P2E sport will see gamers competing towards one another for ranks on a worldwide leaderboard. Racing rewards are paid out in SPONGE V2.
Do not forget, #SPONGERS! 🧽💦#SpongeV2 is bringing thrilling utility by means of our upcoming #P2E sport! 🔥
Get able to earn $SPONGE tokens by taking part in the sport and rating on the leaderboard.
Keep tuned for more information! 🚀#MemeCoin #Crypto #Alts #100x pic.twitter.com/5aaLxGz8N1
— $SPONGE (@spongeoneth) March 22, 2024
However maybe probably the most thrilling factor about Sponge is that it’s nonetheless tremendous early to get into the coin.
Meme cash like Bonk, Dogwifhat, and Pepe have proven how an upstart meme coin can attain a multi-billion-dollar market cap.
The thrilling new meme coin’s web site can also be teasing that it’ll quickly launch on greater and higher exchanges, which may carry a wave of latest consumers to $SPONGE.
At simply $67 million, Sponge could possibly be 1000% ROI when it comes to worth upside.
