Meme coin sensation $SPONGE is getting ready for an additional 100x rally in 2024 because it pronounces a brand new roadmap with contemporary utility for its V2 launch.

The lovable meme coin with a large utility is intuitively distributing its V2 token by introducing a novel stake-to-bridge mechanism.

Buyers should stake their property within the V2 contract to have the prospect to get ahold of the V2 model of the token.

The introduction of the second model of $SPONGE offers traders who missed out on the primary 100x return with one other alternative.

Legendary 2023 Meme Coin Sensation Units Roadmap for 2024 With V2 Launch

$SPONGE was one of the crucial fashionable meme coin sensations in 2023, delivering a 100x return to its early adopters because it pushed itself into the forefront of the meme coin sector.

The undertaking was one of many yr’s largest tales after launching within the Might 2023 bear market. The meme coin managed to surge from as little as a $1 million market cap to succeed in as excessive as $100 million, with over 11,500 traders piling into the undertaking.

The token turned fashionable in a short time, inflicting a flurry of top-tier exchanges to hurry to listing the token, together with exchanges like Gate.io, MEXC, and Poloniex.

Now, the Krabby Patty of meme cash is again with its second incarnation, prepared to interchange the V1 model of its token with an even bigger and higher token to begin one other 100x surge.

The platform not too long ago introduced its roadmap, which introduces a spread of recent utilities to carry the legendary meme coin again into the highlight all through 2024;

Novel Distribution Mechanism to Part Out V1 With Stake-to-Bridge

It’s essential to notice that the V2 model of $SPONGE is meant to part out the V1 model totally.

The workforce is utilizing a novel distribution mechanism that can completely lock the V1 tokens right into a staking contract, eradicating them from circulation.

The stake-to-bridge utility is the one method to get your arms on the V2 $SPONGE, which means this isn’t a typical presale.

There are two methods to get positioned in V2;

1. Purchase and stake Sponge V1 by the Sponge.vip web site’s purchase widget.
2. Stake held Sponge V1 by the Sponge.vip web site.

The extra $SPONGE tokens staked into the V2 contract, the longer the staking interval will lead to extra V2 tokens being earned.

All of the V1 tokens despatched to the V2 staking pool will earn an equal quantity of V2 tokens. They may also earn further V2 tokens based mostly on the APY return.

At the moment, these staking V1 are incomes a further 2400% APY;

After all, that is anticipated to fall considerably as extra traders enter the staking pool.

Play-2-Earn Recreation Set to Carry New Period of Utility

Along with the stake-to-bridge mechanism, the workforce behind $SPONGE isn’t counting on the bull market to ship one other 100x return.

As a substitute, they need to introduce a sequence of utilities, beginning with a enjoyable and addictive play-to-earn sport.

The bespoke racer-style play-to-earn sport will add utility to the ecosystem, permitting gamers to earn further $SPONGE tokens for rating larger on the leaderboard – introducing a aggressive edge to the ecosystem.

There can be each free and paid variations of the sport, with the paid model requiring gamers to buy credit utilizing $SPONGE to earn rewards.

The credit score system will present utility for $SPONGE, which most meme coin tasks proceed to lack.

The best way to Get Positioned in $SPONGE V2?

As talked about, the one method to get ahold of $SPONGE V2 is by collaborating within the stake-to-bridge mechanism.

Because of this you could buy $SPONGE V1 and stake it within the V2 contract on the web site in case you don’t already personal the meme coin. There’s a purchase and stake bonus for brand spanking new individuals in $SPONGE, offering further rewards for newcomers.

It’s essential to notice that these presently staking their $SPONGE within the V1 staking contract should withdraw their property and re-stake them within the V2 contract to earn the brand new model of the token.

As soon as the staking interval is over, customers can declare the $SPONGE V2 tokens by the interface on the platform, with dates and instances to be introduced on social media channels.

Total, the workforce has already proven its proficiency within the meme coin sector by delivering a 100x return in 2023 and is able to replicate its success in 2024. This can be a V2 launch that you simply don’t need to miss out on.

Bridge $SPONGE At this time