Top Meme Coin Sponge Staking and Bridging Hits $10m, Ethereum and Polygon SPONGE V2 Rewards at 190% and 968%
Thursday, February 22nd, 2024 – Top meme coin Sponge now has more than $10.18 million staked and bridged after announcing the launch of the V2 Polygon network version of the coin at the beginning of this month.
Top meme coin Sponge’s strategic shift to Polygon is timed perfectly for the Ethereum Dencun upgrade, one of the results of which will be reduced gas fees and faster transaction times for Ethereum Layer 2 networks like Polygon.
Polygon is ideally suited for up-and-coming game platforms such as Sponge because of its low fees and superior transaction speed compared to Ethereum.
As top meme coin Sponge gears up to take crypto gaming by storm, the ERC20 V1 token has now been discontinued. The well-executed migration process has led to 8.55 billion $SPONGE V2 tokens being staked, amounting to nearly 20% of the circulating supply. Stakers are earning token rewards at 189% per annum on Ethereum and 909% per annum on Polygon.
Market participants don’t have much time left to take their last chance to buy $SPONGE V2 before centralized exchange listings begin.
This is what happens when you miss out on #SpongeV2
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