After Delivering 10,000% Returns To Early Buyers, Gaming Meme Coin $SPONGE Polls X Followers About Lucrative Staking Rewards

Sponge ($SPONGE), a well-liked new meme coin that has introduced early supporters returns of 10,000%, has launched a social media ballot asking the group for course on how one can distribute the challenge’s profitable staking rewards.

The ballot will run from Might sixteenth to Might twenty first. It asks the Sponge group to determine between accessing the massive quantity of staking rewards instantly when the declare goes stay on the finish of Might, to lock them for one month, or to vest the reward tokens linearly over both six months or a yr.

It’s time to vote, #SPONGERS!! 🔥

Vote on the $SPONGE staking rewards declare construction beneath!

The ballot closes on the twenty first of Might. ⏰

Take up that DAMP! 💪🧽 💦 #SpongeV2 #Polygon #MemeCoins

— $SPONGE (@spongeoneth) May 16, 2024

Those that held the V1 token on centralized exchanges earlier than its discontinuation had their tokens swapped for the V2 token on Polygon, which additionally has $SPONGE as its ticker. 

The group defined the professionals and cons of every alternative within the ballot in a separate X submit.

3️⃣ 1 Month Locked
With this selection, your staking rewards will likely be locked for one month earlier than being absolutely accessible, making certain preliminary stability post-claim.

4️⃣ Prompt Declare
This feature lets you declare all of your staking rewards immediately, however remember this will likely result in excessive…

— $SPONGE (@spongeoneth) May 15, 2024

Staking rewards are only one motive buyers are transferring to Sponge in a bid to catch some probably explosive value motion earlier than the presale concludes on the finish of Might. 

What Makes Meme Coin Sponge Completely different?

With international crypto adoption persevering with apace, buyers are shopping for up Sponge earlier than it will get listed on main exchanges within the hope that they’ve discovered the following viral Web3 meme coin.

$SPONGE is a singular challenge that comes with its personal staking and video gaming group. Within the coming weeks, folks can anticipate two vital milestones: the long-awaited declare of the brand new Polygon $SPONGE token, and the discharge of an upcoming Sponge play-to-earn (P2E) sport

Meme cash have been rallying and falling tougher than most by means of Bitcoin’s 2024 rebound. The unpredictable value actions on all sides go away the business questioning if it’s on the verge of one other bull run.

Any crypto meme challenge that desires to outlive the Darwinistic survival-of-the-fittest pre-adoption market has to supply a little bit extra than simply laughs if it’s aiming for longevity.

Traders imagine $SPONGE is one such hypothesis. When it launched in Might 2023, $SPONGE was priced at $0.000025. In lower than a yr, it has posted current highs of $0.002763, or round 10,000% larger!

Clearly, early-stage supporters are starting to care about $SPONGE.

King Charles approves 👏 🧽 $SPONGE #SpongeV2 #100x pic.twitter.com/j9Zy4RsJnZ

— $SPONGE (@spongeoneth) May 16, 2024

Launched with little-to-no fanfare, $SPONGE V1 received the hearts of buyers by providing an alluring ecosystem with numerous alternatives for members to place their money and time to work to say staking rewards.

Foregoing a conventional prelaunch ICO in favor of direct itemizing, $SPONGE bounded out the beginning gate with a discreet itemizing on Uniswap, earlier than shortly spreading to centralized exchanges (CEXs) like Poloniex, MEXC, LBank, Gate.io, Toobit, and extra.

$SPONGE rallied a humbling 4,000% and almost hit a $100 million market cap lower than per week after launch, on Might ninth 2023.

The token lately upgraded (and migrated) to a V2 on Polygon, an Ethereum Layer 2 scaling answer. It’s presently $0.001689 in a presale relaunch. This implies those who held $SPONGE because the V1 launch, when it was priced at $0.000025, at the moment are in revenue by 6756%.

Though the transfer had been within the pipeline since January, a current liquidity pool assault expedited it.

Nonetheless, the migration truly furthered the group’s plans by permitting it to deploy an enormous early replace to the protocol’s staking mannequin and transferring ahead the still-unconfirmed launch date of the token’s eponymous P2E racing sport.

Did you fade $SPONGE once more, anon? #SpongeV2 #Crypto #ElonMusk pic.twitter.com/TPgxfIZRhF

— $SPONGE (@spongeoneth) May 16, 2024

$SPONGE’s V2 improve launched a few key enhancements, the foremost of which being a brand new staking mannequin.

This price yield varies in line with the variety of stakers and tokens locked up and presently sits at round 335%.

Meme coiners anticipate the variety of staked tokens to extend within the coming weeks, notably as Sponge beneficial properties much more traction throughout the meme sector.

That’s as a result of the group hopes to checklist $SPONGE on a few of the world’s greatest crypto exchanges, like Binance and OKX. The transfer may catalyze additional explosive value motion because the token turns into extra accessible to on a regular basis retail consumers.

After declare and potential CEX listings comes the Sponge-themed sport, the place gamers can race round Bikini Backside gathering rewards.

With its dual-revenue staking and gaming mannequin, $SPONGE is seeking to critically disrupt low-utility bigger market cap rivals like $PEPE, $DOGE and $WIF.

Make the most of this window of alternative to purchase and stake $SPONGE earlier than alternate listings take the challenge mainstream.

Keep up to date and be part of the engaged group of 37,300 followers on X.

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