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As BONKITA Token Surges 220x in 24 Hours, This Other Meme Coin is About to Launch – How to Buy Early?

Sam Cooling
Last updated: | 3 min read


In the latest DEX market pump, new Solana memecoin entrant BONKITA price has surged +22,000%, and with FOMO traders scrambling to identify the next big play – could this other meme coin be next.

This comes as recent months have seen a huge trend in explosive DEX-traded token moves, with countless moon-shots garnering significant attention, including the ever-popular APXSAMBO Bot, alongside fellow Solana memecoins SOLAREUM and Joe on SOL.

Riding on the back of the popular BONK narrative, BONKITA is a masterful spin-off token, gaining quick traction due to a high influx of initial volume and DEXtools #6 hot coin status in the first 8 hours.

BONKITA Price Analysis: Is BONKITA Doomed to Dump After Huge Upside Pump?

After a dramatic opening pump BONKITA has entered retracement, leaving BONKITA trading at a market price of $0.0006379 (representing a 24-hour change of +23,684%).

This comes after BONKITA token launched at just 1PM UTC on January 4, in a move that gained immediate traction as the meme coin shot up +21,000% in the first 4 hours.

A brief retracement saw lower support established at $0.0004880, this has formed a critical level following the -74% retracement from the all-time high at $0.001717.


However, with well-defended support emerging at $0.0004880 the prospects of a second-bounce are not improbable.

Taking a closer look at buy-pressure over the past hour, it seems BONKITA bulls are holding on to their grip over price action, with a slim 50.9% of transactions representing buys.

Indeed, in a further bullish sign plenty of BONKITA growth potential rests in the charts, which sees the market cap stood at $762k – typically breakout Solana meme coins hit $5m market caps.

This suggests there is a much as a 6.5x move left in the chart for late-entrants, however, with price action stalling many are looking for alternative lucrative plays such as Sponge V2.

Sponge V2 Launch ($SPONGEV2): A New Era in Meme Coin Evolution – Poised To Outperform BONKITA?

Sponge V2, the latest iteration of the renowned Sponge ($SPONGE) meme coin, is making waves in the cryptocurrency market.

Following the phenomenal success of Sponge V1, which peaked at nearly $100 million in market cap and amassed over 13,000 holders, Sponge V2 arrives with promising innovations and opportunities for investors.

How to Acquire Sponge V2

Acquiring Sponge V2 is unique:

  • Stake Sponge V1: Buy and stake V1 tokens via or stake your existing V1 tokens.
  • Earn More V2: The longer and more V1 tokens you stake, the more V2 tokens you earn.

Read more: Best Crypto to Invest In 2024

Staking Mechanics and P2E Integration

Sponge V2 introduces Play-to-Earn (P2E) utility, enhancing its ecosystem.

Stake your V1 tokens to earn V2, and engage in the upcoming P2E game to earn additional $SPONGEV2 tokens.

This P2E game, a new utility in the Sponge ecosystem, will feature both free and paid versions for enhanced gaming and earning experiences.

Unique Aspects of Sponge V2 Over BONKITA Price Pump

  • Exclusive Access: Earn $SPONGEV2 exclusively through $SPONGE staking.
  • Bonus Rewards: Buying and staking $SPONGE offers special $SPONGEV2 bonuses.
  • Passive Earnings: Staked $SPONGE tokens yield passive rewards, starting at a minimum 40% APY.
  • Permanent Transition: Staked V1 tokens will be permanently locked, focusing on V2 post-launch.

Roadmap and Future Prospects

Bonkita Price

Sponge V2’s roadmap is ambitious, targeting 10,000 holders, Tier 1 CEX listings, and a $100M market cap.

The launch stages include the Sponge game’s development and the Sponge V2 claim and listing.

Sponge V2 is not just a sequel to its predecessor; it’s a reinvention with a focus on utility and community engagement.

The integration of P2E and exclusive staking mechanisms make it a standout project in the meme coin domain.

Stay updated on Sponge V2’s journey through social channels and witness its growth in the crypto world.

Get Sponge V2 Here

Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.