Recently, there has been a significant increase in the profits of most digital assets in the cryptocurrency market. However, the most prominent one was Bonk (BONK), which experienced an increase of over 580 percent in the last month.
The recent increase in BONK’s value is attributed to many important reasons. Its inclusion in the most prominent cryptocurrency exchanges such as Binance and Coinbase has played a significant role in supporting its asset, upward trajectory.
Another factor that contributed to the token’s remarkable price performance was the frenzy surrounding meme coins. For this reason, will BONK Coin become 1 dollar? Questions started flying in the air.
On the other hand, BONK alternatives have also become the subject of research. The coin that investors researched most among these alternatives was Sponge Token V2, which caused havoc and recently announced its transition from V1 to V2. Meme Kombat (MK), which attracted attention with its pre-sale event, is another prominent project…
Sponge V2 Token (SPONGEV2) – 2024 Roadmap and New Game from the Leading Meme Coin
Sponge (SPONGE), one of the most successful meme coins of 2023, has made a big comeback and announced its updated strategy for the community in 2024.
According to the statement made on the official Twitter account, it was reported that Sponge has switched from V1 to V2. In addition, it was announced that those who purchased Sponge Token V2 can now use SPONGE to stake to earn this token. Early adopters will thus receive a special incentive.
The project’s website has launched a staking feature that allows users to earn crypto. Additionally, an upcoming play-to-win (P2E) game has also been hinted at.
As a reminder, SPONGE was added to the Uniswap platform on May 4, 2023. It subsequently saw a significant increase of nearly 4 thousand percent and reached a market cap of $100 million at its peak. It also attracted the attention of major media sources.
Sponge V2 strives to achieve growth and development by maintaining no transaction taxes. It will fuel the Sponge Game app and offer some of the most generous staking incentives of any other meme coin available.
As of the time this news was written, Sponge V2 yield is just under 10 thousand percent and a total of more than 175 million Sponge tokens have already been staked.
In addition, newcomers to the Sponge ecosystem can instantly stake V1 tokens by swapping ETH or USDT and receive a corresponding amount of V2 tokens as a bonus. Debit cards also attract attention as a valid form of payment.
The more and longer Sponge V1 tokens are staked, the more SPONGEV2 is earned before launch.
In terms of tokenomics, it was reported that 10 percent of the SPONGEV2 supply was allocated for liquidity on central exchanges (CEX). On the other hand, 43.09 percent of the entire supply is allocated for staking incentives, 7.5 percent for marketing, 4.47 percent for game development and 8 percent for P2E rewards.
It is possible to purchase Sponge Token V2 through the website and access comprehensive instructions for staking.
Meme Kombat (MK) – Platform Combining Meme Coin and Betting
Meme Kombat (MK) is a cryptocurrency project that allows users to bet on AI-generated battles featuring meme coin characters. Crypto enthusiasts can bet MK coins on match outcomes between leading meme coin characters like Doge and SHIB to earn MK token rewards based on correct predictions.
The concept includes an augmented reality (AR) fighting arena that allows users to see battles up close. This creates an immersive and fascinating experience. Moreover, the platform offers a variety of game modes to ensure something for everyone.
Meme Kombat’s unique use case provides an engaging presentation that appeals to both meme coin and betting enthusiasts. This seems like a perfect fit, given the high-risk, high-reward nature of both.
Users who purchase Meme Kombat tokens make bets with MK tokens, providing an influx of demand that will help its price increase steadily.
Meme Kombat’s forward-thinking use case combining meme coins and GamleFi demonstrates the team’s ability to innovate and hints at enormous potential.
The team’s website includes the founder’s personal information, a rare practice among meme coins. With this transparency, a kind of responsibility is taken.
Another advantage of Meme Kombat is the staking system. Users have the opportunity to earn 237 percent Annual Percentage Yield (APY), which will gradually decrease as the size of the staking pool increases.
The presale quickly raised over $3.7 million, but with meme coin season underway, the remaining presale supply is unlikely to last long.
These factors, along with significant presale success, have led to numerous bullish forecasts from top analysts.
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