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$SPONGE – The promising new ICO aiming for 1000% ROI / Source: Sponge Website
As Solana’s leading meme coin Bonk (BONK) has seen a decline of over 30% from its peak reached on Monday, members of the Bonk meme coin community are redirecting their attention to an exciting new ICO, where they anticipate 1,000% returns.
With a market capitalization of approximately $2 billion, Bonk might still generate gains in the vicinity of 10x during this bull market.
This is contingent on its ability to compete with established names like Dogecoin and Shiba Inu, which is a significant challenge.
However, investors seeking larger profits may find better opportunities with lesser-known, smaller meme coins that possess considerable viral potential.
A meme coin named Sponge ($SPONGE) perfectly fits this description, having recently unveiled its V2 on Polygon.
Attention, #SPONGERS!
Here’s some crucial information to keep in mind regarding $SPONGE V2! $SPONGE V1 has been officially retired, and V2 has been launched on #Polygon!
Discover more about the token details below
https://t.co/TCdxgXx40w
1/3 pic.twitter.com/YZzXOlKmHY
— $SPONGE (@spongeoneth) February 6, 2024
Attention, #SPONGERS!
https://t.co/TCdxgXx40wThe initial Sponge token almost reached a market cap of $100 million last year.
However, the token transitioned to Polygon to take advantage of its lower fees and quicker transactions a month ago.
This migration to Polygon has sparked a notable increase in the $SPONGE price.
Currently priced at $0.001811, $SPONGE has risen over 200% since its February 5th launch on Polygon.
Did you miss #SpongeV2 as well, anon?
Stake your $SPONGE today!
#MemeCoin #Web3 #AltSeason #Crypto pic.twitter.com/1mkn5zjEvA
— $SPONGE (@spongeoneth) March 4, 2024
#MemeCoin #This gives the token an impressive market capitalization of just over $67 million, according to DEXTools.
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Buy Sponge Here
$SPONGE – Promising New ICO Aiming for 1000% ROI
Sponge is not merely a typical utility-deficient meme coin.
This exciting new ICO presents a compelling opportunity for passive income and also serves as the native token for a play-to-earn (P2E) racing game.
Investors who stake their Sponge tokens can expect yields around 650%, according to the official Sponge website.
Additionally, the P2E game will allow players to compete against each other for positions on a global leaderboard, with racing rewards distributed in SPONGE V2.
Perhaps the most thrilling aspect of Sponge is that it’s still in the early stages of entry.
Meme coins such as Bonk, Dogwifhat, and Pepe have demonstrated how a new meme coin can achieve a multi-billion-dollar market cap.
The meme coin’s website hints at upcoming launches on larger and more prominent exchanges.
This could attract a new wave of buyers to $SPONGE.
At a mere $67 million, Sponge might be looking at a potential 1000% ROI regarding price appreciation.
Buy Sponge Here
The post Bonk Meme Coin Community Shifts Focus to Promising New ICO, Eyeing 1000% Returns appeared first on Cryptonews.
