As Solana Memecoin FLUB Pumps 100x Overnight, Experts Say This Low Cap Gem is Next
In the latest Solana memecoin pump, FLUB crypto has shot-up 10ox overnight, and with experts calling this other low cap crypto to explode next, dig into FLUB price analysis to find out more.
This comes as recent months have seen a huge trend in explosive DEX-traded token moves, with countless Solana memecoin moon-shots garnering significant attention, including 2024′, SOLAREUM, Joe on SOL, BINK, BONG, MUSK and PUMA.
$flub launced yt and had a decent runup to 600k.
Now in a pullback to 120k
Team seems based and community engaged and growing nicelyMay be a sendor!
NFA pic.twitter.com/IuDIuL5uZH
— ḞỊṆẸ (@xenbureau) January 17, 2024
FLUB crypto appears to be driven by strong community support, fuelled by a credible team pandering to angry birds style nostalgia.
FLUB Price Analysis: As Potential Reversal Emerges In the Chart – Can FLUB Crypto Mount Second Rally?
As FLUB crypto attempts to push high, FLUB is currently trading at a market price of $0.0001335 (representing a 24-hour change of +9,140%).
This comes after FLUB launched initially at 18:00 (UTC) on January 16, in typical Solana memecoin fashion as it skyrocketed almost instantly in a +68,308% move across two-hours.
Traders were drawn in rapidly by the seismic launch, with a flurry of more than $1.94m in trading-volume flooding into the chart.
After consolidating around $0.0001876, FLUB crypto surged 300% to a high of $0.000687.
At around 01:00 (UTC) on January 17, a sharp retracement occurred. Early backers cashed out on nearly 100x gains, causing an 87.9% price drop over 5 hours.
Despite falling below earlier support levels, a new support zone formed above $0.0001, allowing for consolidation.
Traders are now eyeing a rebound from this strong support zone. They anticipate a move towards $0.0003 on the second day of trading.
However, FLUB crypto’s small Solana memecoin liquidity pool, just $33 compared to its $185k market cap, is concerning. This limited liquidity could restrict traders’ exit options, potentially trapping up to 1000 holders with FLUB tokens.
Due to these concerns, savvy investors are turning to a more stable low-cap option with a history of $100m market cap success: SpongeV2.
Sponge V2 Launch ($SPONGEV2): A New Era in Meme Coin Evolution – Poised To Outperform Solana Memecoin Like FLUB?
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 Sponge.vip 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.
Moreover, 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 FLUB 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: Staking V1 tokens will result in their permanent locking, shifting the focus to V2 post-launch.
Roadmap and Future Prospects
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 HereDisclaimer: 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.
