How Solana Exploded from $8 to $125 in One Year – Can $SPONGE Replicate the Soaring Journey?

Solana was the biggest winner of 2023. This project had an impressive growth from $8 to $125 in one year. After losing over 90% in 2022, the increase in 2023 marked a new phase, showing remarkable further potential.

This growth injected hope into the broader market. All eyes are on other coins that could repeat Solana's success. Because of the successful previous year and terrific update, many believe SpongeV2 could be the coin to replicate the soaring journey.

Wondering why?

Learn more in the article.

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Solana's Successful 2023

Solana went above the $85 level twice since the start of the year. The coin has been struggling to reach $125 since December because investors are selling the token because of its powerful rally.

As a reminder, Solana grew an astonishing 900% in 2023, becoming one of the most successful coins of the year. The main reasons for SOL's growth are the robust technology, developer-friendly environment, interest from investors, market sentiment, and timing. Solana faced a resurgence of interest in 2023; there is a positive sentiment around the project.

Thus, Solana price predictions remain positive. If the broader crypto market remains positive, Solana could hit $260 and have a 160% gain. If this happens, the $SOL market cap could grow to over $110 billion.

The price could plummet after the release of new stablecoins on the Solana blockchain. The influx of new projects, inscriptions, and tokens could benefit $SOL price.

Meme Alternative for The Massive Gains – SpongeV2 Token

SpongeV2 is a new meme coin that could face the same success as Solana, according to experts. Here is more about the project.

SpongeV2 is the next 100x meme token!

SpongeV2 is an upgraded version of SpongeBob Token. The bridge from V1 version to MEMEV2 was released recently. The only way to get a V2 token is to stake V1 coins.

When you stake your V1 tokens, you get an equivalent amount of V2 coins and staking rewards from your locked coins for over four years. The current APY you can enjoy is 40%. 

The main difference between the first and the upgraded version of the $SPONGE token is utility. The staking and reward mechanisms are the main reasons why $SPONGEV2 could explode in the future. According to the experts, meme coins with utility will be the only ones to survive in the changing crypto market.

That is why early $SPONGEV2 investors could receive massive gains after the CEX listings. Experts predict terrific growth after the listings and say $SPONGEV2 could have the same success as Sponge V1. Moreover, some even predict listings on big exchanges like Binance. Famous crypto analyst and YouTuber Jacob'Crypto' Bury thinks $SPONGEV2 will give 100x gains after the listings. Crypto World Daily named this meme crypto the best crypto project to buy now.

This project was one of the most successful meme crypto launches of 2023. It quickly grew to $100 million in market cap and gained a massive social media following.

A release of the Play 2 Earn game should also contribute to the success of the SpongeV2 token. The game will launch after the presale with the free and paid versions. The free version is a great way to test the game; this will make it available to more people and contribute to the popularity of P2E. The paid version will allow players to wager and earn extra tokens.

So, if you missed 100x from the V1 token, hurry and get $SPONGEV2. The project is on presale and has so far staked over $4.2 million tokens. The presale is coming to an end, so you should hurry and invest as soon as possible.

After the presale, the $SPONGEV2 price will increase by 3336.98%, and your gains will be smaller if you wait until CEX listings!

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Can SpongeV2 Replicate Solana's Success?

Let's look at the $SPONGEV2 price prediction for 2024-2030.

If the $SPONGEV2 token hits $0.0025, its market cap will be over $100 million. Further, if it gets listings on Binance or OKX, its price could skyrocket. Speaking of 2025 price prediction, $SPONGEV2 will have a 35% gain from its presale price and over 100% gains from the predicted 2024 price.

According to experts, the bullish market will continue in 2025, and Sponge V2 will benefit from that. By 2030, $SPONGEV2 could reach $400 million in market cap.

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Will $SPONGEV2 have the same success as Solana?

Solana's recent success amazed the crypto community. This serves as a powerful reminder of the potential within the crypto market. Now, all eyes are on other coins that aim to replicate Solana's success.

SpongeV2 is among the crucial contenders for this success. Its massive price potential and the exciting upcoming features intrigue crypto investors and experts. Experts predict 100x gains after the CEX listings, but it remains to be seen whether it can replicate Solana's soaring journey.