Meme Mania has returned to the broader crypto market. Could Sponge V2 be the next billion-dollar meme coin for 2023? The project has just launched its stake-to-bridge platform, enabling investors to secure early access before exchange listings.
In this guide, we explain how to buy Sponge V2 tokens in under 10 minutes. We also explore why Sponge V2 could be even more successful than Sponge V1 – which produced 100x gains early this year.
Sponge V2 is the second edition of Sponge; a popular meme coin that exploded in May 2023. 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.
Those who bought Sponge V1 made returns of 100x, meaning $1,000 for every $10 invested. Sponge V1 offered no token use cases or utility. It’s a ‘true’ meme coin based on SpongeBob; the popular cartoon franchise. So where does Sponge V2 fit into the broader Sponge vision?
Put simply, Sponge V2 is the next chapter of the original Sponge. Similar to V1, Sponge V2 will rely on its community-building and marketing expertise. It will create similar, if not even greater levels of hype and FOMO. This means partnering with leading crypto news publications, influencers, and Reddit communities.
The idea is simple; hype leads to FOMO, which results in significant upside potential. Sponge V2 is now available to buy. However, the only way to gain access is through a stake-to-bridge model. First, investors need to ‘bridge’ Sponge V1. The V1 tokens will be locked forever.
Investors will then receive staking rewards – distributed in Sponge V2. Rewards will be paid over four years. That said, investors
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