3 Meme Coins Poised For 100X Gains In The Next 4 Weeks - Shiba Inu, Sponge, Bonk!

The crypto market is always dynamic and lately, it is going through lots of challenges. The approval of spot Bitcoin ETFs has disrupted the markets, resulting in uncertainties that have caused jitters among investors. Investors have shifted their focus towards altcoins.

On that note, the hunt for the next big investment opportunity has led investors to the world of meme coins. Among the many digital assets, three interesting contenders have emerged, poised to deliver up to 100X gains in the coming four weeks. Shiba Inu (SHIB), Sponge (SPONGE V2), and Bonk (BONK) have captured the attention of the crypto community with their distinct features, active communities, and the promise of massive gains.

Being meme coins, these tokens thrive on online communities and social media, leveraging viral trends and humor to drive adoption and interest. The meme coin mania has entered a new phase in 2024, as multiple cryptos keep gaining momentum, outperforming the established platforms. Let us learn more about these meme coins and their real potential to offer 100X profit.

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$SPONGE Emerges as a Meme Coin Powerhouse: Introduces $SPONGE V2 with Enhanced Utility, Riding High on 2023 Success

While Shiba Inu and BONK tokens have a lot to look forward to, another meme coin has come up ready to shake up the entire market. Its unique meme tokenomics enabled it to enjoy some of the highest gains since early 2023. $SPONGE recently announced the release of a token version called $SPONGE V2, which offers the token utility, enabling it to surge above hundreds of other memes without any token utilization.

Interestingly, $SPONGE was among the largest meme coins of 2023. It surged to hit a market cap of $99 million, but once the demand plunged, it remained above $16 million, with more than 11,500 holders and an active Telegram community.

The developers behind the token discovered the potential $SPONGE was showing in the entire year, so they decided to develop a new token version that will offer the platform the essential utility, enabling it to keep growing in 2024.

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Tokens Available Via Stake-to-Bridge Rewards

The release of $SPONGE V2 is different from most of the other new token releases. Instead of a presale, the platform utilizes the Stake-to-Bridge reward mechanism that gives $SPONGE V2 automatically to the investors who stake their original $SPONGE tokens.

Thus, token holders will get an equivalent of Sponge V2 to the amount of Sponge V1 tokens they decide to stake. Furthermore, they will keep getting Sponge V2 tokens in the coming four years.

$SPONGE V2 is an ERC-20 token hosted on the Ethereum blockchain. All Sponge V1 staked tokens will remain permanently locked and will no longer be active after the newer version hits major DEX listings. Hence, if you did not capitalize on the opportunity for 100x gains due to being late to the $SPONGE V1 launch, you can still achieve significant returns by staking your coins now.

$SPONGE V2 tokens will become useful once the new version goes live, acting as a payment option for the new Sponge-bob-inspired P2E game. After the staking period is completed, investors can claim their Sponge V2 tokens available on the project’s official websites.

All official dates will be announced on social media channels. The minimum APY is 40%, which makes $SPONGE a great investment that will outperform the meme coin markets in the coming weeks. Market analysts say $SPONGE has the potential to deliver 100X gains in the next four weeks.

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Shiba Inu’s (SHIB) Token Burn Surge Propels Value, Transaction Volume Soars, and Analysts Predict 100X Growth

Shiba Inu (SHIB) is in an interesting place in 2024. The platform is renowned for an oversupply of SHIB tokens. However, a recent development is expected to fix things permanently. The SHIB token burn rate has increased by a staggering 4,144%, which will help burn through billions of tokens quickly, reducing supply and increasing value considerably.

This strategy enabled Shiba Inu to reclaim the $0.00001 support level, and experts say the reduced supply will enable the token to hold onto the support.

On that note, the Shibarium development team performed the burn on December 16, 2023, eliminating 8.6 billion SHIB tokens from the market forever. The value of the burn was $89,000. However, the burning has continued into 2024. Interestingly, the token burns are responsible for the rapid increase in the number of transactions recorded on Shibarium, which dedicates 70% of its gas fees to the burning effort.

The network was launched in August 2023 and had its first two burn events in December since it could reach the minimum threshold of $25,000 in fees to begin burning tokens.

Nonetheless, everything changed after November 30, when Shibarium’s transaction numbers surged and kept growing. Furthermore, the transaction surge increased the gas fees, enabling Shiba Inu to rise and hold above the $0.00001 level, hitting a nine-month high in the process. The daily trading volume has since dropped by 8%, but the sentiment remains bullish.

With the token burning continuing in 2024, analysts say Shiba Inu has the potential to grow 100X in the coming weeks.

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Bonk’s (BONK) Unprecedented Growth, BONKBot Accessibility, and Binance Zero-Fee Trading Propel Meme Coin to New Heights

Bonk (BONK) surged into the limelight unexpectedly and nobody thought it would explode to the high levels that it hit. The token gained 381% in daily trading volume, an amazing achievement that pushed the project to the 44th position in market capitalization charts. BONK is enjoying widespread adoption in the crypto space, highlighting that meme coins can outperform other top altcoins in the right market conditions.

The platform recently introduced the BONKBot, enabling users to make transactions much more accessible. This bot is entirely incorporated into the Telegram app, making trading cryptos considerably easy and guaranteeing beginners can enter the markets quite easily than ever before.

Thus, BONK has capitalized by making cryptos highly Accessible and user-friendly to a large user base. BONK is relatively new in the market since its trading went live on December 16, 2023, highlighting a new era for the coin. Additionally, the announcement of zero-fee trading for BONK on the Binance exchange enhanced its future growth.

Experts say BONK has the potential to surge 100X in the next four weeks based on its market fundamentals.

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The Takeaway

Meme coins were among the best crypto investments in 2023. The recent price surges of SHIB and BONK prove the crypto community is growing exponentially, and with more adoption, their prices will keep thriving and rising constantly.

While SHIB and BONK are expected to keep thriving, the new $SPONGE token, called Sponge V2, might explode after the first listing, possibly resulting in 100X profits for all the holders. Hence, buy and stake your $SPONGE V1 right away to benefit from the massive profits brought by $SPONGE V2 as early as now.