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As its remarkable ascent persists, dogwifhat (WIF) investors are transitioning to a lesser-known crypto ICO named Sponge (SPONGE) in pursuit of 100x returns.
Dogwifhat surged over 18% on Friday, reaching new all-time highs exceeding $3.18 per token.
However, with a market capitalization now surpassing $3.18 billion, some are expressing concerns that the upward momentum may be waning.
Indeed, WIF might still have the potential to rise another 7-8x to align with Dogecoin’s market cap, which is over $25 billion.
Yet, in the realm of meme coins, traders often dismiss the idea of 7-8x returns.
Meme coin traders typically aim for assets that promise potential gains around 100x or greater.
One such asset they are likely considering is the hidden crypto ICO known as Sponge (SPONGE).
Dogwifhat Investors Transition to Viral ICO Sponge (SPONGE)
Notable meme coin Sponge (SPONGE), which achieved a market cap of $100 million in 2023, providing investors with 100x returns at that time, is once again gaining attention following its move to Polygon.
Currently priced at $0.00337, $SPONGE has risen over 400% since its launch on Polygon on February 5.
DogWifHat Holders are Migrating To This Hidden Crypto ICO for 100x Gains
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This results in an impressive market cap of just under $136 million, according to DEXTools.
Sponge is not merely another utility-deficient meme coin.
The new ICO presents a passive income opportunity and serves as the native token for a play-to-earn (P2E) racing game.
Individuals who purchase Sponge and stake their tokens can earn yields of up to 175%, as stated on the official Sponge website.
Simultaneously, the P2E game will have players competing against one another for positions on a global leaderboard, with racing rewards distributed in SPONGE V2.
Perhaps the most thrilling aspect of Sponge is that it remains an early opportunity for investors.
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 is also hinting at an upcoming launch on larger and more prominent exchanges, which could attract a wave of new buyers to $SPONGE.
Considering its modest market cap of $136 million, Sponge may be poised for 100x gains from this point.
Buy Sponge Here
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