How To Buy $SPONGE Next 100x Meme Coin
Adewunmi’s style entails transforming technical topics into simple, captivating, and concise content for her audience. As discussed earlier, you need an Ethereum blockchain token to purchase $SPONGEV2. To acquire ETH for your $SPONGEV2 purchase, one of the best demo trading app and platform to consider is eToro. Begin by signing up for an eToro account and completing the verification process. Download the CMC mobile app to get the live price of SPONGE, BTC and other cryptocurrencies. The total supply of SPONGE is 4.4B SPONGE tokens, of which around 24.6B (61%) is currently circulating, according to the project.
What is the easiest way to buy Sponge V2 tokens?
Some of the best projects to see huge gains include Tamadoge, Shiba Inu and most recently, Pepe coin. Launched on December 31st, 2022 – Bonk is now trading almost 20,000% higher.Then we had Pepe – a popular meme coin based on Pepe the Frog. As per Reuters, Pepe Coin increased by over 7,000% in April 2023.
Is Sponge token legit?
However, the price of meme tokens moves quickly and there is no guarantee that you will make returns if you invest too late! It is also important to consider the fact that the crypto market is highly volatile and future price cannot be predicted. Investors will then receive staking rewards – distributed in Sponge V2. That said, investors will receive their first batch of V2 tokens before they are listed on crypto exchanges.
Step 1: Go to spongebobtoken.io
For a duration of four years, investors will receive regular staking rewards in $SPONGE V2 tokens; however, these tokens will be permanently locked. Not to mention relationships with tier-one exchanges, a huge marketing budget, and a proven ability to create hype and FOMO. The only way to buy Sponge V2 is by staking and bridging Sponge V1 tokens. After confirming the investment, the coins will be deducted from MetaMask via a smart contract. The coins are used to buy Sponge V1, which are then locked into a staking pool indefinitely. It also provides a long-term stream of passive V2 token rewards.
The project took off in full force and rapidly expanded the community following across social media and Telegram. SPONGE V1 was simply a fun-filled meme coin with no utility or functionality. The purpose was similar to any other meme coin – to create a vibrant community that shares memes and the love of trading meme coins. The project launched with a $1 million market cap and quickly grew to nearly $100 million at its peak. This gave it extra exposure among the web3 community, which attracted even more traders to purchase the tokens.
However, the launch of SPONGE V2 has a slightly different format than a typical presale. The reason for this is that the original SPONGE V1 will be migrating to V2. Therefore, in order to obtain SPONGE V2, users will need to stake-to-bridge the original SPONGE tokens on the official website. The project sets a milestone of 10,000 token holders to show growing cryptocurrencies bitcoin and blockchain interest and support.
How to Buy Sponge Crypto ($SPONGE)
- This includes browser extensions for Chrome, Firefox, Edge, Brave, and Opera.
- This demonstrates a growing community and investor base, increasing confidence in the project’s potential.
- Although, currently there is limited information about the game, we can share some insights about what we do know from information released.
- In general, never connect your crypto wallet to a website that isn’t secured by SSL.
We aim to provide an easy and accessible investment experience for all investors, regardless of expertise. Once you have found the official website, you will need to connect your crypto wallet. 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 cryptocurrency wallet guide for beginners 2021 Coinbase Wallet.
Sponge V2 (SPONGE) is the second what will drive the neo price in 2021 iteration of the popular Sponge meme coin that recorded impressive gains in 2023. The only way to get Sponge V2 is by staking the first version of Sponge V1 tokens. You will then receive regular V2 token payments as a beginner’s guide to earning free bitcoins in 2020 a reward for locking up your SPONGE. The V2 payments will be distributed over 4 years to encourage long-term holding and prevent sell-offs. Buying crypto with gift cards is still a relatively underused method, but a good one.
Sponge V2 token is a new meme coin that has attracted the attention of crypto investors online. We look at price performance, deep dive into tokenomics and explore the community sentiment. The second version of the $SPONGE token can only be purchased on the official website using ETH from eToro. However, there are plans to list the tokens on decentralized exchanges (DEX) and centralized exchanges (CEX) in the near future.
How to Buy Sponge V2 $SPONGEV2 Easy Guide
“Not your keys, not your coins” is a widely recognized rule in the crypto community. If security is your top concern, you can withdraw your Sponge ($SPONGE) to a non-custodial wallet. Storing Sponge ($SPONGE) in a non-custodial or self-custodial wallet grants you complete control over your private keys.
- It will create similar, if not even greater levels of hype and FOMO.
- Alternatively, for users wishing to purchase SPONGE using a decentralized exchange the token is listed at Uniswap with Wrapped Ethereum (WETH) pairing.
- Download the CMC mobile app to get the live price of SPONGE, BTC and other cryptocurrencies.
- The moment the $SPONGE V2 coin releases, users will be able to claim these bonus tokens.
- Due to his financial background, Dimal has great analytical skills which he uses to write in-depth content about emerging crypto projects.
Stockapps.com has no intention that any of the information it provides is used for illegal purposes. Contracts for Difference (“CFDs”) are leveraged products and carry a significant risk of loss to your capital. Please ensure you fully understand the risks and seek independent advice.By continuing to use this website you agree to our terms and conditions and privacy policy. Specify the desired amount of ETH and review the order details. Sponge (SPONGE) is a zero-tax gaming memecoin inspired by, yet not affiliated with, the beloved cartoon character SpongeBob. On the upper right corner, click on Connect Wallet and select Metamask.
Everything will return to the staking pool while you wait to claim the SpongeV2 tokens. The big question every investor asks remains; “is Sponge worth investing in? ” Meme tokens have held sway for a while, especially those on the Solana network. To participate in the stake-to-earn reward scheme, you must withdraw your $SPONGE tokens from the V1 contract and stake them in the V2 contract. It hopes to soak up liquidity and achieve high returns like SpongeV1. Some may consider the newer version another opportunity to get what they missed with 2023’s launch.
Due to his financial background, Dimal has great analytical skills which he uses to write in-depth content about emerging crypto projects. Those who invested early in 2023 earned 100x their investments. Trading the importance of devops team structure is risky and you might lose part, or all your capital invested. Information provided is for informational and educational purposes only and does not represent any type of financial advice and/or investment recommendation.