Sponge Price $SPONGE Price, Charts
Sponge V2 is coming at a time when the new bull market is potentially coming. 2024 is poised to be the year for Bitcoin halving, with multiple enthusiasts anticipating a major buying frenzy as spot Bitcoin ETF applications get the SEC’s approval. We also offer an insight into its novel stake-to-bridge model that will give you access to Sponge V2, a new crypto with multiple upsides. Download the CMC mobile app to get the live price of SPONGE, BTC and other cryptocurrencies.
- The starting APY is 40%, the highest among any staking project active right now.
- Sponge first went live on Uniswap and is now available on multiple exchanges.
- While Sponge V1 only had the community’s interest in memecoin and the inspiration from “Spongebob Squarepants” to count on, Sponge V2 is the token coming with a brand new format.
- There might be some drop-off if unstakers move to quickly cash out their gains.
- While the memecoin mania has gone, a new bullish wave is on the horizon.
- SpongeBob’s current circulating supply is 36.36B SPONGE out of max supply of 40.40B SPONGE.
Beyond Acquiring Tokens
This move can entice non-crypto gamers to look at P2E games in a new light. Experts believe in this fact since it is less likely that Sponge V2 will wait for long before going live on any cryptocurrency exchange after arrival. There might be some drop-off if unstakers move to quickly cash out their gains. However, given that Sponge V2 also has a long-term staking perk, early investors may mf global cfd trading cfd review compound their gains even further.
This result was surprising for most in the crypto space, considering the project didn’t advertise any utilities or had other fundamentals. However, one look at the project’s Twitter is enough to learn that the project continued to inspire confidence among the people. If you are new to crypto, use the Crypto.com University and our Help Center to learn how to start buying Bitcoin, Ethereum, and other cryptocurrencies. Beyond its staking perks, Sponge is also jumping into the P2E arena to offer a unique Web 3 game to its users.
Buy $SPONGE and join the greatest ever Bikini Bottom community under the sea. SpongeBob price in US Dollar has decreased by -4.85% in the last 1 month. SPONGE is down -11.19% against Ethereum and down -17.81% against Bitcoin in the last 1 month.
The way stake-to-bridge has been designed is akin to a crypto presale. And the more hype gets built, there more there is a potential for stakers to make early moving gains. Investors can increase their holdings over a 4-year period, starting at a minimum APY of 40%. This is one of the reasons that Sponge cloud crm cloud based crm software V2 has become one of the most interesting staking tokens to invest in.
SPONGE to USD Chart
It is essential to do thorough research before making any investment decisions. The platform’s new, utility-focused approach has likely attracted multiple copycats. To check Sponge’s price live in the fiat currency of your choice, you can use Crypto.com’s converter feature in the top-right corner of this page.
The total supply of SPONGE is 4.4B SPONGE tokens, of which around 24.6B (61%) is currently circulating, according to the project. After you have connected the wallet, enter the amount of ETH or USDT that you want to swap Sponge V1 tokens for. Entering the number will automatically tell you the number of Sponge V2 tokens you will receive. The price of Sponge V1 tokens at press time is accumulating around the $0.0005 mark, which means spending 0.1 ETH will allow you to earn about 378.4k Sponge V2 tokens. The current reports suggest that the interest in Sponge V1 tokens is very high. So far, more than $2 million worth of Sponge V1 tokens have been staked and bridged.
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Passive income seekers can keep their tokens staked and can potentially increase their holdings over the course of the next four years. The starting APY is 40%, the highest among any staking project active right now. Sponge arrived at the heels of PEPE, a memecoin that achieved what no token was able to amidst the crypto winter, launching and quickly reaching the $1 billion market cap. Focused on community and gaming, SPONGE’s goal is to increase its market cap to $1 billion, attract over 100,000 holders, and secure listings on “tier 1” exchanges. However, the whitepaper has said that users will be able to earn $SPONGEV2 tokens by playing. The free version will be meant for Web 2 players, and the Web 3 version will be meant for crypto enthusiasts.
Popular Tokens on the Ethereum Chain
Learn what the perks are to find out what could be the upsides specifically for you if you decide to invest. Here is the complete guide that explains how one can buy $SPONGE tokens. While Sponge maintains a follower count of cryptocurrency mining the ultimate guide to understanding bitcoin ethereum litecoin just close to 30k on Twitter, it is significant considering it is a project that came out of nowhere. There are thousands of views and hundreds of likes and retweets for this project.