{"id":5320,"date":"2024-10-23T14:09:24","date_gmt":"2024-10-23T14:09:24","guid":{"rendered":"https:\/\/icobench.com\/?page_id=5320"},"modified":"2025-02-03T13:11:49","modified_gmt":"2025-02-03T13:11:49","slug":"buy-sponge-v2","status":"publish","type":"page","link":"https:\/\/icobench.com\/cryptocurrency\/buy-sponge-v2\/","title":{"rendered":"How To Buy Sponge V2 in 2025 – Beginner’s Guide"},"content":{"rendered":"

$SPONGE is a successful meme coin that saw tremendous growth in 2025. Now, the team aims to replicate the original success with a brand new V2 token that will bring utility to the Sponge token ecosystem.<\/p>\n

To help you get involved with this popular meme project before the token explodes, this guide will walk you through how to buy Sponge V2<\/strong> during the ongoing presale event.<\/p>\n

Buy Sponge Token Here<\/span><\/a><\/div>\n
\n

How to Buy Sponge Token (Short Buying Guide)<\/span><\/h2>\n

You can buy Sponge tokens by <\/span>connecting your wallet to its official website<\/b>. Purchases will be available on the listed crypto exchanges once the SpongeV2 token goes live.<\/span><\/p>\n

With that in mind, here\u2019s how to buy Sponge tokens:<\/span><\/p>\n

    \n
  1. Connect your wallet to the official website<\/b>: Open the official website and connect your wallet with the \u201cBuy Now\u201d button or widget. Ensure you use a supported wallet.<\/span><\/li>\n
  2. Swap ETH, MATIC, or USDT<\/b>: Complete the swap to buy Sponge tokens. Note that <\/span>buying through the official site widget stakes your tokens automatically<\/b>.<\/span><\/li>\n
  3. Stake to earn<\/b>: This step is necessary if you own Sponge tokens or purchased them through Uniswap. Go to your dashboard and stake them before the listing.<\/span><\/li>\n<\/ol>\n

    You will receive V2 tokens as staking rewards when you lock up your V1. This mechanism has been put into place to slowly take V1 tokens out of circulation<\/strong>. The V2 tokens will be gradually released over a period of 4 years.<\/p>\n

    Use Best Wallet App Now<\/span><\/a><\/div><\/span><\/p>\n<\/div><\/div>\n

    What is Sponge?<\/span><\/h2>\n

    \"spongev2<\/p>\n

    SpongeV2 is a meme coin<\/strong> that is inspired by a popular cartoon character.<\/p>\n

    This token looks like the prominent SpongeBob SquarePants from Nickelodeon. However, <\/span>the project has no association with the television network<\/b>. Instead, SpongeV1 is <\/span>a meme token with no intrinsic value<\/b>, relying on strategic marketing and community engagement for price gains.<\/span><\/p>\n

    SpongeV1 launched in May 2023<\/b>. Today, the project has completed the bridge to SpongeV2. It hopes to soak up liquidity and achieve high returns like SpongeV1. Some may consider the newer version another opportunity to get what they missed with 2023\u2019s launch.<\/span><\/p>\n

    This token launched on the Ethereum blockchain\u00a0<\/b>and quickly became one of the most popular Ethereum ICOs<\/a> in 2023.<\/p>\n

    SpongeV1 <\/span>reached a $100 million market cap<\/a> in days<\/b>. This achievement was due to viral marketing tactics and an active community. However, SpongeV2 hopes to add utility to the token.<\/span><\/p>\n

    Staking rewards are now available when you buy SpongeV2. Even those with SpongeV1 tokens can stake to earn the new coins and claim them during launch.<\/span><\/p>\n

    Based on the more popular vote on Twitter, <\/span>SpongeV2 will be available for immediate claim on its launch date<\/b>. Twitter announcements<\/a> show the coin will be live on May 30, 2024.<\/span><\/p>\n

    Buying SpongeV2 before exchange listings allows you to stake the token and <\/span>earn more tokens with 162% rewards<\/b>. Those who swap with ETH will <\/span>earn 325% rewards <\/b>with more SpongeV2 tokens.<\/span><\/p>\n

    To participate in the stake-to-earn reward scheme, you must <\/span>withdraw your $SPONGE tokens from the V1 contract and stake them in the V2 contract.<\/b><\/p>\n

    Buy Sponge Token Here<\/span><\/a><\/div>\n

    The play-to-earn game<\/span><\/h3>\n

    \"sponge<\/p>\n

    The play-to-earn game is integral to SpongeV2\u2019s ecosystem. However, we can\u2019t say much about the project as of this writing. The Sponge P2E Racer will <\/span>feature some meme races and allow participants to earn Sponge tokens<\/b>.<\/span><\/p>\n

    Sponge P2E Racer will have free and paid versions. Hence, you can play for fun without putting in your tokens.<\/span><\/p>\n

    The paid version will require $SPONGEV2 tokens. You can <\/span>purchase in-game credits and play to earn more $SPONGEV2 coins<\/b>. You can keep up with updates about the game through<\/span> ICObench<\/span><\/a> or subscribe to Sponge\u2019s social media channels.<\/span><\/p>\n

    Sponge Coin Tokenomics<\/span><\/h2>\n

    The project will retain equal V2 tokens for all V1 tokens sent to the new staking pool. It will lock the staked V1 tokens in the pool permanently. Hence, <\/span>SpongeV1 will cease circulation, leaving the floor for SpongeV2<\/b>.<\/span><\/p>\n

    V2 tokens will continue to be released from the locked V1 tokens for the next four years. SpongeV2 tokens will come through the stake-to-bridge approach. Hence, you can only earn $SPONGEV2 tokens by staking $SPONGE.<\/span><\/p>\n

    The total number of Sponge V2 tokens in supply is 250 billion<\/b>. You can use the ticket symbol SPONGEV2 to find the token once it is listed on crypto exchanges.<\/span><\/p>\n

    The table below shows the tokenomics:<\/span><\/p>\n\n\n\n\n\n\n\n\n
    Purpose<\/b><\/td>\nAllocation<\/b><\/td>\n<\/tr>\n
    Bridged $SPONGE<\/span><\/td>\n26.93%<\/span><\/td>\n<\/tr>\n
    Staking rewards<\/span><\/td>\n43.09%<\/span><\/td>\n<\/tr>\n
    CEX liquidity<\/span><\/td>\n10%<\/span><\/td>\n<\/tr>\n
    Marketing<\/span><\/td>\n7.5%<\/span><\/td>\n<\/tr>\n
    Game development<\/span><\/td>\n4.47%<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

    Why Invest in Sponge?<\/span><\/h2>\n

    The big question every investor asks remains; \u201cis Sponge worth investing in?\u201d Meme tokens have held sway for a while, especially those on the Solana network. SpongeV2 is not entirely a new concept<\/strong>.<\/span><\/p>\n

    The project will use social media hype and FOMO to attract investors and generate returns short term. However, don\u2019t expect the token to hold up like<\/span> long-term cryptos<\/span><\/a> with more prominent utilities.<\/span><\/p>\n

    Here are the reasons why you should invest in Sponge:<\/span><\/p>\n

    Proven track record<\/span><\/h3>\n

    Sponge has hit 100x before<\/a>. It has successfully rallied community support with strategic marketing tactics to reward early investors. Hence, <\/span>we won\u2019t be surprised if SpongeV2 follows the same path<\/b>.<\/span><\/p>\n

    The token\u2019s X channel has <\/span>over 36,000 followers.<\/b> That offers a pool to draw from when the marketing run intensifies.<\/span><\/p>\n

    Staking rewards<\/span><\/h3>\n

    \"Spongev2<\/p>\n

    Buying Sponge now and staking it will earn you SPONGEV2 tokens<\/b> and other rewards. It is a typical way that crypto projects attract early investors. The strategy has worked, drawing people to buy Sponge tokens for the staking rewards.<\/span><\/p>\n

    The token\u2019s price will likely increase, with more investors swooping in for the purchase. That sets things in motion for an explosive debut on crypto exchanges. Things may or may not go that way. Hence, invest prudently.<\/span><\/p>\n

    The play-to-earn game utility<\/span><\/h3>\n

    While in development, the P2E Racer will be a game-changer when launched. It will transform the Sponge meme token into something with utility. <\/span>We expect demand to increase as players purchase $SPONGEV2 for their gameplay<\/b>.<\/span><\/p>\n

    Sponge Coin Price Prediction<\/span><\/h2>\n

    \"spongev2<\/p>\n

    As of this writing, SpongeV2\u2019s price is over 8,000 times higher than SpongeV1 during its launch. That signifies a strong start and a solid posture to rally to 100x after exchange listings. Notwithstanding, $SPONGEV2 faces competition from utility-based tokens.<\/span><\/p>\n

    Gaming ICOs<\/span><\/a> have rallied support for themselves, especially among gaming enthusiasts. Other utility tokens are on their way to public launches. With that in mind, here\u2019s what our experts at ICOBench think about SpongeV2\u2019s price in the coming months and years:<\/span><\/p>\n

    SpongeV2 will likely make its exchange debut at $0.0023<\/b>. We expect an initial rush to pump the price to $0.024. The token should hold this price throughout 2024, with minor fluctuations.<\/span><\/p>\n

    The first V1 token could not keep people\u2019s interest long because it was a meme coin without utility. SpongeV2\u2019s introduction of staking rewards will keep people\u2019s interest. That means we can expect more demand in 2025\u2014enough to force a bull run.<\/span><\/p>\n

    2025\u2019s peak might be $0.078<\/a>.<\/b> However, the lowest price will swing just under $0.025. Expect significant fluctuations, the kind that suits day and swing trading.<\/span><\/p>\n

    SpongeV2\u2019s relevance in 2030 will depend on the P2E\u2019s introduction. Staking will end in 2028, four years, as stated. Hence, investors will need a utility to fall back on or pull their resources off the token.<\/span><\/p>\n

    Our forecast for 2030 places SpongeV2 at $0.065<\/b>. The price movement will be bearish for most of the year. However, the token should stay strong at around $0.041.<\/span><\/p>\n

    How to Buy $Spongev2 Coin (Extended Buying Guide)<\/span><\/h2>\n

    Those who buy Sponge tokens before the listing date can <\/span>claim $SPONGEV2 tokens automatically on May 30, 2024<\/b>. You will not keep any SpongeV1 tokens you purchase now. Everything will return to the staking pool while you wait to claim the SpongeV2 tokens.<\/span><\/p>\n

    Here\u2019s how to add SpongeV2 to your portfolio:<\/span><\/p>\n

    Step 1: Open an Ethereum Wallet<\/span><\/h3>\n

    MetaMask and Trust Wallet are supported<\/b> on the official Sponge website. Pick one to open a new crypto wallet. You can use their browser extension on your desktop or download the mobile application on your smartphone.<\/span><\/p>\n

    Step 2: Buy ETH, MATIC, or USDT<\/span><\/h3>\n

    Fund your crypto wallet. You can buy ETH, MATIC, or USDT tokens from reputable exchanges. Peer-to-peer platforms are also available. Ensure you have enough tokens for the swap.<\/span><\/p>\n

    Step 3: Connect Wallet to the Sponge Website<\/span><\/h3>\n

    \"how<\/p>\n

    Open the official website. <\/span>Click the \u201cConnect wallet for\u2026 rewards\u201d <\/b>widget. You can also use the \u201cBuy Now\u201d button at the top. Pick your wallet from the drop-down menu.<\/span><\/p>\n

    You can also buy using the Uniswap contract address.<\/span><\/p>\n

    Step 4: Swap the Tokens<\/span><\/h3>\n

    Complete the swap to buy Sponge tokens. Staking will be automatic when you buy through the widget. Otherwise, stake the tokens to earn $SPONGEV2.<\/span><\/p>\n

    Step 5: Claim the Tokens<\/span><\/h3>\n

    Wait for the announcement. Then, <\/span>claim your $SPONGEV2 tokens automatically<\/b>. Use the staking dashboard to see your rewards before claiming the tokens.<\/span><\/p>\n

    Buy Sponge Token Here<\/span><\/a><\/div>\n

    Conclusion<\/span><\/h2>\n

    $SPONGEV2 is not just SpongeV1\u2019s refresh. <\/span>It brings new gaming utility and staking rewards <\/b>that encourage people to buy Sponge tokens.<\/span><\/p>\n

    Those who invested early in 2023 earned 100x their investments. This track record is likely to repeat itself with SpongeV2.<\/span><\/p>\n

    We recommend assessing the risks before investing. SpongeV2 is a meme token that is prone to volatility, relying heavily on marketing and community support to hit a bull market. Hence, invest prudently.<\/span><\/p>\n

    FAQs<\/span><\/h2>\n