Sponge V2 ($SPONGE) Price Prediction 2024- 2023 Does Sponge V2 could do 100x
The original $SPONGE meme coin is being replaced by a new token, SPONGE V2. $SPONGE experienced a 100x increase in value upon its initial launch in May 2023, and it continues to be surrounded by a substantial community. When it first came out in May 2023, early buyers got a 100x return on their $SPONGE investment. Now, everyone in the world of meme coins is watching $SPONGE to see if it can go through another 100x increase. In our SPONGE V2 price prediction, we’ll talk about what we think will happen with $SPONGE in the future.
SPONGE V2 Price Prediction 2024 to 2030 – Summary
Before we talk about our $SPONGE V2 price prediction, let’s take a quick look at where we think this token will be in 2024, 2025, and 2030:
- By end 2024: $SPONGE V2 should be available on Binance and OKX, and it should start in early 2024. We think $SPONGE could go up to $0.0035 if the crypto market goes up.
- By end 2025: $SPONGE plans to release a play-to-earn crypto game that will bring in new users and get the community more involved. We think it will get to $0.0075 by the end of 2025.
- By end 2030: $SPONGE’s tokenomics will no longer cause inflation. This will raise the value of tokens that are already in circulation. The unit may be worth $0.0110 by the end of 2030.
Year | Potential Low | Average Price | Potential High |
2024 | $0.0017 | $0.0035 | $0.0050 |
2025 | $0.0032 | $0.0075 | $0.0120 |
2030 | $0.0065 | $0.0110 | $0.0200 |
When looking at possible business possibilities, it’s also important to think about percentage gains. There are predictions that the $99BTC will go from $0.004 to $0.045 between 2024 and 2030, while the $SPONGE will go from $0.0050 to $0.0200. This is a 300% increase in the value of Sponge V2 but a 1,025% increase in the value of 99 Bitcoins. When choosing a purchase, don’t forget about this factor. Now that we have that out of the way let’s look more closely at Sponge V2’s price history and look ahead to see what it might cost.
$SPONGE Token Price History
When it first came out in May 2023, $SPONGE took advantage of the buzz around meme coins made by $PEPE. In its first week of dealing, $SPONGE’s market value grew 100 times, from $1 million to almost $100 million. DEXTools says that $0. SPONGE reached a high point of $0.001061 on May 9.
It fell quickly from its high point, like a lot of other meme coins, but not as far as a lot of them. Around $0.00010 was the price of $SPONGE for most of 2023, and the market cap stayed around $5 million.
When $SPONGE released its new V2 token, the price shot up to $0.00063 very quickly. Investors who held on to $SPONGE at the time made more than 6 times their money. The price of the token then went down a little, but it quickly went back up as buyers locked up V1 coins. The price of $SPONGE is about $0.00050 right now, and the market value of the project is $20.2 million.
There are a lot of good things about $SPONGE that new projects don’t have. First, there is a huge community built around the coin. Over 11,700 people have bought $SPONGE tokens, and the app has over 23,000 users on X and 8,000 users on Telegram.
$SPONGE is also listed on more than 10 well-known centralized platforms, such as MEXC, LBank, Poloniex, Bitget, Bitkan, and more. That makes it pretty simple for trading in $SPONGE to go up very quickly.
SPONGE V2 Price Prediction 2024
If all the $SPONGE V1 tokens sell out by early 2024, the V2 version should be ready. The start could be a big deal for this meme coin project, showing that it has the development power to make a new coin and get rid of an old one (SpongeBob).
Because there will only be a small amount of $SPONGE in circulation, we expect the price to go up and down a lot as soon as the V2 token comes out. Tokens will only be available through a buy bonus (which is being given out right now) and the first round of stake awards from V1 tokens that have been locked. So, if there is more demand than supply, the price of $SPONGE can go through the roof.
As a big boost for $SPONGE, we also expect to see new exchange listings. The project wants to be listed on the world’s two biggest cryptocurrency platforms, Binance and OKX. If $SPONGE were listed on either or both of these markets, it would reach new people and become more popular with everyone.
Take a look at the $ORDI meme coin, which was just listed on Binance, to see what might happen. Its price went up 120% in the days after it was listed. Many experts think the crypto market will go on a tear up, which is another reason to be bullish on $SPONGE in 2024. Like in 2021, a lot of money could flood into the crypto market and drive up the prices of all shares, even SPONGE.
In fact, when the market is going up, a meme coin like $SPONGE is likely to do better than the overall crypto market. It went up more than 23,000% in 2021. Something like this might happen to $SPONGE if it becomes the most popular meme coin during the next bull cycle.
Because of these things, $SPONGE might be one of the best cryptocurrencies to buy in 2024. The price could go up to $0.0035, which is about 25 times the price of $SPONGE right now. That would make $SPONGE worth more than $140 million on the stock market.
SPONGE V2 Price Prediction 2025
The price of $SPONGE will keep going up until 2025. A lot of experts think that the bull market will last all year, with new all-time highs for Bitcoin and other popular altcoins. As buyers who have been watching the crypto market from the sidelines jump in, this steady growth is good for $SPONGE. New buyers might be drawn to $SPONGE’s big and active community and decide to buy it instead of other meme coins that are out there.
New buyers looking for a token to buy in 2025 will also look at $SPONGE because it is coming out with a play-to-earn crypto game. People will be able to race around as well-known cartoon figures in this game, which is still being made.
The white paper for $SPONGE says that the game will have both a free mode and a play-to-earn mode. New people may want to play $SPONGE after trying the free mode, and they may then decide to buy the ticket to get access to the full game. People can move up the game’s rankings and get $SPONGE token prizes in the “play-to-earn” mode.
Adding more people to the $SPONGE environment will make the token more popular, get more people involved in the community, and boost trade. All of these things are likely to make the token more valuable, so we think that $SPONGE will go up a lot in 2025. We think that $SPONGE will be worth $0.0075 by the end of 2025.
SPONGE V2 Price Prediction 2030
In 2028, there will be a big change in the way $SPONGE tokens work. After that date, buyers who bought V1 tokens today to get access to $SPONGE will no longer be able to get new token awards. This means that $SPONGE will no longer be a growing coin after 2028.
That’s very important for the coin’s growth going into 2030. The price of the token will go up every time demand goes up since supply isn’t going up anymore. Because more people are interested in dealing with $SPONGE, the coin might go through times of high fluctuation and end up higher each time.
Many people play $SPONGE and keep getting benefits from the play-to-earn game, so that demand will stay high. So, we think that $SPONGE could be worth $0.0110 at the end of the decade. That’s 75 times more than the price of $SPONGE now.
Potential Highs & Lows of $SPONGE Price
Our SPONGE V2 Price Prediction shown in the table below, along with the possible highs and lows the token could reach.
Year | Potential Low | Average Price | Potential High |
2024 | $0.0017 | $0.0035 | $0.0050 |
2025 | $0.0032 | $0.0075 | $0.0120 |
2030 | $0.0065 | $0.0110 | $0.0200 |
What do other experts think will happen with SPONGE V2?
It is not only us who are optimistic about $SPONGE V2. A lot of well-known crypto experts have talked about the new token and said that early buyers will make a lot of money.
For instance, Jacob Crypto Bury said that $SPONGE V2 could help one of his 26,000+ YouTube followers make 100 times as much money from it. Crypto Daily also said that $SPONGE V2 was the best meme coin to buy at the moment.
Since V2 was only announced a few days ago, more crypto experts and influential people will likely have something to say about $SPONGE in the coming days. Many of the influential people who said $SPONGE would be a hit in May haven’t said what they think will happen with the start of V2.
What Factors Influence the Price of SPONGE V2?
A lot of different things are going to affect the price of $SPONGE V2. These are the most important things that could cause this top meme coin’s price to change.
- Listings on exchanges: The price of $SPONGE is likely to go up a lot if it can be listed on main centralized platforms like Binance or OKX.
- Crypto market conditions: A crypto bull market will likely help $SPONGE and other altcoins. Some buyers might get into the crypto market because of it, which would help the $SPONGE group grow.
- Launch of a new play-to-earn game: The release of a new play-to-earn game could make more people want $SPONGE coins and get more people involved with the project.
- Community involvement: Token holders are more likely to amass more $SPONGE and keep their tokens rather than sell them if the $SPONGE community is active.
- Staking rewards rate: The variable annual percentage yield (APY) provided for $SPONGE staking is probably going to affect how appealing $SPONGE is to investors in comparison to other cryptocurrencies.
FAQs
SPONGE V2 Price Prediction -Conclusion
The release of $SPONGE V2 will likely be one of the biggest meme coins of 2024. This project has already given a 100x return, and it could see another 25x or more in 2024.
You can get a 100% buy bonus in V2 tokens right now before the start of $SPONGE V2. Before the chance goes away, don’t miss this chance to buy this hot new coin.