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As Sponge V2 gets closer to listing on exchanges, investors have one last chance to receive 263% rewards by staking early. Following the success of the original $SPONGE token, $SPONGEV2 aims to offer additional features through new Play-to-Earn (P2E) racing games and an integrated staking protocol.
Sponge V1 took off during the May 2023 bear market, emerging as one of the most talked-about meme coin launches of the year. After debuting on Uniswap, $SPONGE experienced an incredible price surge of 340% in a week as anticipation for the SpongeBob SquarePants themed token grew.
Sponge V1 has attracted over 13,000 holders, with a market capitalization exceeding $100 million, and has delivered impressive returns to early investors. Secured listings on over 10 centralized exchanges, including major platforms such as OKX and Gate.io.
Acquire Sponge V2 tokens during pre-launch phase
The Sponge V2 meme coin presents a unique investment prospect, especially in the ongoing pre-sale phase. This pre-sale provides investors with the opportunity to participate early in the project and take advantage of potential appreciation.
The stake-bridge mechanism introduced by Sponge V2 is a groundbreaking approach in the cryptocurrency space. Unlike traditional presales, which involve direct token sales, Sponge V2 requires investors to acquire and stake Sponge V1 tokens, which will permanently lock the V1 tokens and convert them into Sponge V2 tokens.
- To purchase Sponge V2, you will need to utilize a digital wallet such as MetaMask or Trust Wallet, which can be linked directly to the purchase widget on the Sponge website. Alternatively, you can also use Uniswap to purchase $SPONGE.
- Sponge token holders can access the staking dashboard by selecting the ‘Stake Now’ option, where they can stake their V1 tokens to earn V2 tokens. This process permanently locks your V1 token.
- Investors who do not have existing Sponge tokens will be given the option to purchase ETH, USDT or Sponge V1 tokens via bank card. When you purchase $SPONGE through the website widget, you will automatically have V1 tokens permanently staked and the corresponding amount of V2 tokens will be credited as a starting bonus.
- V1 token staking is an exclusive way to obtain V2 tokens before the official launch. The quantity of V2 tokens earned increases depending on the amount of V1 tokens staked and the staking period.
giant signpost warning, #Sponger! 🔥
Now it is over 6 billion. $sponge $3,958,206.14 worth of tokens have been staked! 🤯
Our holders enjoy an impressive current APY of +250%. 🚀
Soak up the moisture with us!! 🧽🧽☀️#Sponge V2 #Cryptocurrency #web3 #how #100x pic.twitter.com/llxFF0hfby
— $SPONGE (@spongeoneth) January 26, 2024
The current annual reward rate is an impressive 263%, with over 6 billion $SPONGE tokens staked. You will be able to claim your tokens upon official launch, especially with the launch of $SPONGEV2, while the original $SPONGE tokens will be discontinued.
Watch the video above to stay informed about the latest $SPONGEV2 pre-sale updates and subscribe to his YouTube channel for additional crypto-related content. Jacob Crypto Bury also maintains a Discord server with 20,000 members, providing users with trading tips and information on upcoming cryptocurrency presales.
SPONGEV2’s Play-to-Earn Racing Game and Token Evolution
To strengthen the Sponge V2 ecosystem, developers are currently in the final stages of development on a play-to-earn (P2E) racing game featuring popular characters from the SpongeBob SquarePants show. This game feature adds an additional layer of utility by providing practical applications for Sponge V2 tokens.
Unlike traditional meme coins, whose value relies primarily on community enthusiasm and speculation, P2E gaming allows users to actively participate in the ecosystem while earning additional Sponge V2 tokens. The game is accessible in both free and paid versions.
In the paid version, players can stake Sponge V2 tokens to progress through the game and receive additional tokens as rewards. Approximately 8% of the total token supply will be allocated exclusively to play-to-award rewards to increase community engagement and participation.
These gaming aspects not only amplify user engagement with the token, but also contribute to long-term loyalty and interest in the entire Sponge ecosystem. Investors can automatically earn $SPONGEV2 tokens by purchasing and staking $SPONGE on Spongetoken.vip.
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