SPONGE is a very special member of the cryptocurrency market that has rewarded its investors with 100x returns at the early stage of its development. The V2 token of the platform was launched recently and is looked upon with increased enthusiasm by the inverter community.
In this article, you will read about the SPONGEV2 token, its price prediction for 2024–2030, the way to buy it and examine if it is a profitable investment in the coming years.
Tokenomics
The total supply of the SPONGEV2 token is 150,000,000,000. The SPONGEV2 tokens are distributed in the following ratio for various token and platform development activities.
- Staking Rewards: 43.09%
- Bridge Launch: 26.93%
- CEX Liquidity: 10%
- P2E Rewards: 8%
- Game Development: 4.47%
- Marketing: 7.50%
SPONGE V2 ($SPONGEV2) Price Prediction (2024–2030)
Before we directly move to the price prediction data of the SPONGEV2 token, let us examine the probable path of its development in the coming years.
By the end of 2024, the token is expected to be launched on all major cryptocurrency exchanges such as Binance and OKX. This will increase the visibility of the token and promote the bullish trends for the token in the market.
The SPONGEV2 token is expected to launch a play-to-earn platform by the end of 2025 and is set to enhance the community activities to increase its acceptability as a strong crypto coin. By the end of 2030, the SPONGEV2 token is expected to become so strong that it will be untouched by inflationary forces, whereby the value of the tokens in circulation is set to increase.
The table given below marks the price prediction trends of SPONGEV2 token.
| 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 Are The Factors That Are Thought To Influence The Price Of SPONGEV2 Token?
The current price of the SPONGEV2 token and its future price will be influenced by many factors. They are listed below.
- The listing of the SPONGEV2 token on all major exchanges will increase the popularity and trustworthiness of the token.
- The general bullish market for cryptocurrencies that is expected to take shape in the coming years will benefit the SPONGEV2 token too. The community will become more prominent if the general market is favourable.
- The launch of the play-to-earn platform of the SPONGE platform will also increase the user engagement of the platform.
- The strength of the community and its contribution to the overall growth and development of the platform will also determine the future of SPONGEV2 tokens.
- Lastly, the staking reward that will be offered by the platform will influence the token’s future. The more the staking reward, the more investors would be attracted to the platform.
It is important to note that the V1 of the SPONGE token will be discontinued after the launch of V2. So the current stakers of the V1 tokens can extend their stake to V2 tokens as well, after the smart contracts of the platform are launched.
Where And How To Buy SPONGEV2 Tokens?
The SPONGEV2 token, now in the presales stage, can be bought from the token’s website. In order to buy the token, you should first connect a crypto wallet such as MetaMask or Trust Wallet to the widget on the website. You can swap ETH, MATIC or USDT tokens to the required amount of SPONGEV2 tokens. Now, stake the purchased tokens on the platform itself to earn staking rewards.
The Bottom Line
SPONGEV2 is a token that is set to gain 100x in the future years. The bullish market trends of the token is a sign of its sure shot success in the coming years. So, investors who plan to buy a stake in this token can do so at the earliest to get a good deal at a low price.
