– As meme coin markets bounce back with a 4.53% rise in volume, Sponge token’s new staking mechanism has triggered a bullish posturing in the $SPONGE price chart.
The strengthened position of the Sponge token price appears to have been triggered by renewed interest in the promising meme coin’s undervalued proposition, which offers an attractive entry price with the possibility to double-down due to substantial staking returns.
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