Joel Frank” src=”https://cimg.co/authors/884/responsive-images/310170788-443905671162233-4489539176282530633-n___media_library_original_300_300.jpg” loading=”auto”/>
Last upgraded: March 8, 2024 19:58 EST|1 minutes checked out
async” src=”https://cimg.co/wp-content/uploads/2024/03/04172104/1709572862-dogwifhat-meme.jpg” alt=”Dogwifhat holders are looking shifting to a new viral ICO ” width=”1920″ height=”1080″/>
As its incredible run greater continues, dogwifhat(WIF) financiers are moving to a viral brand-new ICO called Sponge (SPONGE)as they look for 1000%return on earnings (ROI) gains.
Dogwifhat pumped up over 26% on Friday as it struck fresh all-time highs above $2.30 per token.
With a market cap of now more than $2.0 billion, some are worrying that the rally may be running out of steam.
Yes, possibly WIF can pump another 10x to reach Dogecoin's market cap over $20 billion.
In the meme coin world, traders tend to look down their noses at the possibility of 10x gains.
Meme coin traders typically choose targeting coins that provide possible gains in the area of 100x or more.
Dogwifhat financiers are most likely moving to options as they hunt ROI gains of 1000%or more.
One such coin they are most likely having a look at consist of a viral ICO called Sponge (SPONGE).
Dogwifhat Investors Shift to Viral ICO Sponge (SPONGE)
Famous meme coin Sponge (SPONGE), which struck a market cap of $100 million back in 2023 to hand financiers 100x gains at the time, is when again in the spotlight in wake of its migration to Polygon.
Last at $0.0036, $SPONGE is up over 400% considering that its February 5 Polygon launch.
That offers the token an outstanding market cap of simply under $150 million, according to DEXTools.
Sponge isn't simply any old utility-lacking meme coin.
The brand-new ICO uses a passive earnings chance and likewise works as the native token of a play-to-earn (P2E) racing video game.
Sponge purchasers who stake their tokens can protect yields of approximately 650%, based on the main Sponge site.
The P2E video game will see gamers completing versus each other for ranks on an international leaderboard. Racing benefits are paid in SPONGE V2.
Possibly the most interesting thing about Sponge is that it's still very early to get into the coin.
Meme coins like Bonk, Dogwifhat, and Pepe have actually demonstrated how an upstart meme coin can reach a multi-billion-dollar market cap.
The meme coin's site is likewise teasing that it will quickly release on larger and much better exchanges, which might bring a wave of brand-new purchasers to $SPONGE.
At simply $67 million, Sponge might be taking a look at 1000% ROI in regards to rate benefit.
Purchase Sponge Here
Disclaimer: Crypto is a high-risk property class. This short article is offered educational functions and does not make up financial investment suggestions. You might lose all of your capital.
