SPONGE V2 ($SPONGEV2) Price Prediction 2024 – 2030
$SPONGE is an explosive meme coin that delivered a 100x return for early investors when it launched in May 2023. Now, $SPONGE is back with a new V2 token that promises to deliver even bigger gains and absorb more damp.
Could the $SPONGE V2 token pump 100x after launch? Keep reading our SPONGE V2 price prediction for the answer.
We’ll dive right into our $SPONGE V2 price prediction with a summary of where we expect this token to land in 2024, 2025, and 2030:
$SPONGE first launched in May 2023, seizing the hype around meme coins created by $PEPE. In its first week of trading, $SPONGE exploded 100x from an initial $1 million market cap to an almost $100 million market cap.
According to DEXTools, $SPONGE hit an all-time high of $0.001061 on May 9.
$SPONGE fell quickly from that peak, as many meme coins do, but it didn’t fall as far as a lot of other meme coins. For much of 2023, $SPONGE traded at around $0.00010 and maintained a market cap of around $5 million.
When $SPONGE announced its new V2 token, the price quickly spiked to $0.00063, a more than 6x gain for investors who were holding onto $SPONGE at the time. The token then fell slightly, but has quickly regained ground as investors began locking up V1 tokens.
Right now, $SPONGE is trading around $0.00050 and the project has a market cap of $20.2 million.
$SPONGE has several important advantages that new projects don’t have. First, the token has an enormous community built around it. $SPONGE has more than 11,700 token holders as well as more than 23,000 followers on X and 8,000 followers on Telegram.
In addition, $SPONGE is listed on more than 10 popular centralized exchanges, including MEXC, LBank, Poloniex, Bitget, Bitkan, and more. That makes it relatively easy for trading
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