With global crypto adoption continuing apace, investors are buying up Sponge (SPONGE) before it gets listed on major exchanges in the hope that they’ve found the next viral Web 3 meme coin.
SPONGE is a Web3 project that comes with its own staking and video gaming community.
In the coming weeks, it has announced two significant milestones: exchange listings, and the tbc release of an upcoming play-to-earn racing game, where players compete to earn SPONGE rewards.
Meme coins have been rallying and falling harder than most through Bitcoin’s 2024 rebound. The unpredictable price movements on all sides leave the industry wondering if it’s on the verge of another bull run.
Any crypto meme project that wants to survive the Darwinistic survival-of-the-fittest pre-adoption market has to offer a little more than just laughs if it’s aiming for longevity.
Investors believe SPONGE is one such speculation. When it launched in May 2023, SPONGE was priced at $0.000025. In less than a year, it has hit around $0.002763, or 10,000% higher!
Confused? Cryptonews is here to elucidate why investors are beginning to care about SPONGE.
You aint seen nothing yet
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