Better Meme Coin Alternative to Consider – Sponge (SPONGE)

Dogecoin could 5x or more this bull market. But many meme coin investors will be targeting higher upside of 50x or more.

Such investors should search for exciting new meme coins with much lower market caps, and a lot of viral potential.

A meme coin called Sponge ($SPONGE) fits this bill perfectly, after launching its V2 on Polygon earlier this year.

The original Sponge token nearly hit a market cap high of $100 million last year.

However, the token migrated to Polygon to make use of its lower fees and faster transactions a month ago. And the migration to Polygon has ignited a surge in the $SPONGE price.

$SPONGE hit a market cap of as much as $160 million in March. It’s since fallen back to a market cap of around $80 million, offering investors the chance to buy the dip.

Sponge isn’t just any old utility-lacking meme coin.

The exciting new meme coin offers a passive income opportunity and also functions as the native token of a play-to-earn (P2E) racing game.

Sponge buyers who stake their tokens can secure yields of up to 368%, as per the official Sponge website.

Meanwhile, the P2E game will see players competing against each other for ranks on a global leaderboard. Racing rewards are paid out in SPONGE V2.

But perhaps the most exciting thing about Sponge is that it’s still super early to get into the coin.

Meme coins like Bonk, Dogwifhat, and Pepe have shown how an upstart meme coin can reach a multi-billion-dollar market cap.

The exciting new meme coin’s website is also teasing that it will soon launch on bigger and better exchanges, which could bring a wave of new buyers to $SPONGE.

At a market cap of just $80 million, Sponge investors could be looking at 50x gains.

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