Sponge Token Price Prediction – Can the $SPONGE Token Match Pepe Coin’s Growth?

Connor Brooke
Last updated: | 6 min read
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.

SPONGE jumped nearly 4,000% after its launch in May 2023. Now, this meme coin is back with a v2 token that promises to be even bigger. Could SPONGE finally take over the reins from PEPE as the biggest non-doge meme coin? Find out in our SPONGE price prediction.

$SPONGE Soars Over 4,000% After Initial Launch, Now Surging Again on v2 Announcement

Coin NameSpongeBob
SpongeBob SymbolSPONGE
SpongeBob Price$0.000738
SpongeBob Price Change 24h▼ -0.19%
SpongeBob Price Change 7d▲ 0.35%
SpongeBob Market Cap$26,865,203
Circulating Supply36,360,000,000 SPONGE

SPONGE was launched on May 4th with little to no fanfare, taking a different approach than most new cryptocurrencies. Rather than establish itself through a presale phase, SPONGE instead quietly became available on Uniswap. According to CoinMarketCap, Uniswap is the world’s largest decentralized exchange (DEX), facilitating over $650 million in daily trading volume.

Moreover, Uniswap controls nearly 20% of the DeFi trading market, making it the ideal platform for a SPONGE price pump. In less than 12 hours of the SPONGE token being live on Uniswap, the price had soared over 320%. Since then, SPONGE’s price has risen even higher, reaching the $0.0001253 level. That was just the beginning for SPONGE.

The token listed on numerous centralized exchanges in its first weeks of trading, including Poloniex, MEXC, LBank, Gate.io, Toobit, and more. By May 9th, less than a week after launch, SPONGE exploded a whopping 4,000% and nearly reached a $100 million market cap.

As is the case for many meme coins, SPONGE went through a period of dormancy after its initial gains. The project continued to trade around $0.0001 for much of the summer, representing a 4x gain for investors. However, it maintained a large community with more than 11,000 token holders and more than 30,000 followers on Twitter.

In recent weeks, SPONGE has soared again thanks to the announcement of a new v2 token. The coin hit a 6-month high of $0.00060 in mid-November and jumped another 17% in the last 24 hours alone. The only way to get SPONGE v2 is by buying and permanently staking SPONGE v1 tokens. That’s driven a surge in demand for the original token as investors are scrambling to get in on SPONGE v2 before it officially launches. There’s now more than $1.6 million worth of $SPONGE v1 staked to bridge to the new v2 token and trading volume in SPONGE is over $135,000.

$SPONGE Price Prediction 2024 – 2034

YearPotential Low (ROI)Average Price (ROI)Potential High (ROI)
2025$0.00386 (423.50%)$0.00457 (519.60%)$0.00558 (655.48%)
2026$0.00408 (452.87%)$0.00549 (643.16%)$0.00749 (914.80%)
2027$0.00433 (486.98%)$0.00640 (766.73%)$0.00951 (1,187.11%)
2028$0.00453 (513.51%)$0.00731 (890.30%)$0.0117 (1,485.13%)
2029$0.00461 (524.20%)$0.00823 (1,014.00%)$0.0133 (1,700.19%)
2030$0.00500 (577.79%)$0.00914 (1,137.57%)$0.0153 (1,978.18%)
2031$0.00532 (621.24%)$0.0100 (1,261.14%)$0.0173 (2,251.84%)
2032$0.00562 (660.89%)$0.0109 (1,384.71%)$0.0193 (2,516.98%)
2033$0.00561 (660.35%)$0.0118 (1,508.27%)$0.0215 (2,820.69%)
2034$0.00569 (671.05%)$0.0127 (1,631.84%)$0.0237 (3,118.58%)

SPONGE V2 Promises Bigger Exchanges, P2E Game

The launch of SPONGE v2 is likely to set this project on an upward trajectory. There are 2 major milestones planned in 2024 alone. First, the team behind SPONGE plans to list the v2 token on some of the world’s biggest crypto exchanges—including Binance and OKX. Listing on these exchanges would likely send the price of SPONGE soaring as new investors pile in. Even if some of the gains are from a short-lived pump, listing on these exchanges will help SPONGE for years to come since it makes the token more accessible to new meme coin investors.

The SPONGE team is also planning to launch a new play-to-earn crypto game. Players will be able to race as Spongebob and his friends around the fictional town of Bikini Bottom. To play-to-earn in the game, players must commit SPONGE v2 token. This is expected to increase demand for the tokens long into the future. As players climb the game’s leaderboard, they’ll be rewarded with SPONGE coins for their efforts.

Exponential Returns Potentially on the Horizon for Early SPONGE V2 Investors

SPONGE is different from other new meme coins in that this project has a track record. It’s already delivered a nearly 100x gain for investors once, and it’s now looking to produce a similar spike in value again. SPONGE also stands out for having an enormous community behind it.

Even before the v2 token launches, there are nearly 12,000 SPONGE token holders and millions of dollars committed to the project. As a result, token listings on major exchanges like Binance and OKX could send SPONGE sharply higher overnight. A gain of 10x from a listing announcement is entirely possible. The project can also expect a bump in trading volume and value as its play-to-earn game gets closer to development.

The game should increase community engagement, which is the lifeblood of every meme coin. Keeping these factors in mind as well as the recent price gains in SPONGE v1, we predict a gain of 25x or more is possible for SPONGE v2. It’s possible that the token reaches a price of $0.0010 shortly after launch, which would represent a doubling from today’s SPONGE v1 price. Looking further into the future, SPONGE v2 could hit $0.025 as it lands on global exchanges and adds even more utility for investors.

The returns for investors who buy SPONGE v2 could be even greater. That’s because for a limited time, SPONGE is offering a 100% purchase bonus to investors who buy v1 tokens and stake them to bridge to v2. The purchase bonus will be in v2 tokens, which will be available to claim as soon as the new token officially launches. As with all new crypto projects, there’s no telling where the price could head – or whether the bullish momentum will continue to play out. Given this, investors must be prepared to do their own research before investing.

Best Place To Buy Cryptocurrencies

Although SpongeBob is not yet listed on Binance, it has prospects for a Binance listing, which could significantly improve its visibility and trading volume. Binance has one of the largest pairs of cryptos for trading, offering users access to various digital assets. It provides advanced trading options, including spot, margin, and futures trading, catering to diverse trading strategies. Despite its advanced features, Binance maintains a user-friendly interface, making it accessible for beginners. Moreover, Binance’s Peer-to-Peer (P2P) trading platform stands out for its ease of use. It allows users to buy and sell cryptos directly with each other, supporting multiple payment methods and fiat currencies. This feature is particularly beneficial in regions where direct access to cryptos is restricted or complicated. Binance buy crypto The platform is known for its competitive fee structure, charging a standard 0.1% for both makers and takers. This low fee makes it an attractive option for high-volume traders. Additionally, users holding Binance Coin (BNB) can receive discounts on trading fees. Binance also offers staking services, where users can earn rewards by holding certain cryptos. The Annual Percentage Yield (APY) varies depending on the crypto and the duration of the stake.

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Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong.

SPONGE Token – Why the Incredible Hype?

Wondering why so many investors are flocking to buy Spongebob token right now? Given the coin’s remarkable rise, many investors are already asking: what is the $SPONGE token? Put simply, SPONGE is an homage to the beloved SpongeBob SquarePants character, which became famous due to the TV show that shares its name. The original SPONGE token gained more than 4,000% after launch, and investors believe the launch of SPONGE v2 could be even bigger—especially if the token lists on Binance and OKX. Plus, for a limited time, investors in SPONGE can get a 100% purchase bonus in v2 tokens.

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