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In the latest memecoin pump, BONK token spin-off BINK token has exploded +30,000%, and now traders are speculating this other meme coin could explode next after BINK crypto skyrocket.
This comes as recent months have seen a huge trend in explosive DEX-traded token moves, with countless moon-shots garnering significant attention, including the ever-popular&nbsp;<a href="https://cryptonews.com/news/it-too-late-buy-astropepex-apx-price-climbs-30-as-crypto-market-turns-bullish-tg-casino-set-100x-1.htm" rel="noopener noreferrer nofollow">APX</a>,&nbsp;<a href="https://cryptonews.com/news/samurai-bot-sambo-explodes-after-bitcoin-price-breakout.htm" target="_blank" rel="noopener noreferrer nofollow">SAMBO Bot</a>,&nbsp;<a href="https://cryptonews.com/news/cheebs-and-avaxinu-are-up-150x-in-24-hours-and-this-new-meme-coin-could-be-next.htm" rel="noopener noreferrer nofollow">CHEEBS</a>,&nbsp;<a href="https://cryptonews.com/news/as-time-token-surges-1000-this-emerging-crypto-has-announced-a-revolutionary-protocol-next-big-thing.htm" rel="noopener noreferrer nofollow">TIME</a>,&nbsp;<a href="https://cryptonews.com/news/zkgrok-token-is-up-130x-in-24-hours-and-this-new-meme-coin-spongev2-is-going-viral.htm" target="_blank" rel="noopener noreferrer nofollow">ZKGROK</a>&nbsp;and&nbsp;<a href="https://cryptonews.com/news/as-little-known-io-token-soars-5800-in-24-hours-this-under-the-radar-crypto-could-be-next-to-explode-heres-why.htm" rel="noopener noreferrer nofollow">IO</a>.
<a href="https://twitter.com/search?q=%24BINK&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$BINK</a> is ripping it off <a href="https://t.co/Swsy8jSEye" rel="noopener noreferrer nofollow">pic.twitter.com/Swsy8jSEye</a>
— Moucha (@iuften) <a href="https://twitter.com/iuften/status/1732672316222443839?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">December 7, 2023</a>
However, BINK token is part of a new trend for Solana based memecoins, which are cheaper to trade vs ERC-20 tokens – stifled by Ethereum’s excessively high gas fees.
Other recent Solana-based meme coins to pump include, <a href="https://cryptonews.com/news/this-new-solana-coin-just-shot-up-50000-and-crypto-experts-say-this-other-coin-is-next-heres-why.htm" target="_blank" rel="noopener noreferrer nofollow">SOLAREUM</a>, <a href="https://cryptonews.com/news/as-strange-solana-memecoin-blasts-up-20000-billionaire-justin-sun-is-stacking-this-other-coin.htm" target="_blank" rel="noopener noreferrer nofollow">Joe on SOL</a>, and <a href="https://cryptonews.com/news/as-bonkita-token-surges-220x-in-24-hours-this-other-meme-coin-is-about-to-launch-how-to-buy-early.htm" rel="noopener noreferrer nofollow">BONKITA</a>.
<h2 id="bink-price-analysis-is-bink-destined-for-moon-shot-or-is-rally-fatigue-setting-in">BINK Price Analysis: Is BINK Destined For Moon-Shot Or Is Rally Fatigue Setting In?</h2>
 With price action continue to push up on a bullish trajectory, BINK crypto is currently trading at a <a href="https://www.dextools.io/app/en/solana/pair-explorer/5zjgYa9v9K5CfaVrrrZE5H1M5UEcoXz98v5vWzgTxUr5" target="_blank" rel="noopener noreferrer nofollow">market price of $0.002268</a> (representing a 24-hour change of +26,600%).
This comes following an alluring bullish rally, which saw BINK price launch off at 10AM (UTC) on January 8, rising rapidly in a snowball growth from $0.0000007315 to an all-time high of $0.002268.
The +35,000% rally of BINK crypto seems to be driven by an influx of over $12.15k in trading volume. This is a notably small amount for such a significant pump, especially with just 271 holders.
This is matched by a miniscule liquidity pool of just $17.75k, which is significantly less than the massive $2.28m market cap – highlighting a red-flag for potential investors.
Yet, despite the overhead risk, buy-pressure remains strong, with BINK witnessing 77% buy transactions over the past hour as FOMO-trader appetite grows.
But this isn’t necessarily misplaced, with typical Solana breakout pumps hitting above $5m market cap regularly, this suggests that BINK crypto could still perform a 2x move from current levels.
However, with retail investors looking for more lucrative returns, traders are honing on the next big meme coin Sponge V2.
<h2 id="sponge-v2-launch-spongev2-a-new-era-in-meme-coin-evolution-poised-to-outperform-bink">Sponge V2 Launch ($SPONGEV2): A New Era in Meme Coin Evolution – Poised To Outperform BINK?</h2>
 
Sponge V2, the latest iteration of the renowned Sponge ($SPONGE) meme coin, is making waves in the cryptocurrency market.
Following the phenomenal success of Sponge V1, which peaked at nearly $100 million in market cap and amassed over 13,000 holders, Sponge V2 arrives with promising innovations and opportunities for investors.
<h2 id="how-to-acquire-sponge-v2">How to Acquire Sponge V2</h2>
 
Acquiring Sponge V2 is unique: Stake Sponge V1:&nbsp;Buy and stake V1 tokens via Sponge.vip or stake your existing V1 tokens. Earn More V2:&nbsp;The longer and more V1 tokens you stake, the more V2 tokens you earn. 
Read more:&nbsp;<a href="https://www.linkedin.com/pulse/best-crypto-buy-now-2024-top-picks-explosive-growth-calsona-6bnie" rel="noopener noreferrer nofollow">Best Crypto to Invest In 2024</a>
<h2 id="staking-mechanics-and-p2e-integration">Staking Mechanics and P2E Integration</h2>
 Sponge V2 introduces Play-to-Earn (P2E) utility, enhancing its ecosystem.
Stake your V1 tokens to earn V2, and engage in the upcoming P2E game to earn additional $SPONGEV2 tokens.
This P2E game, a new utility in the Sponge ecosystem, will feature both free and paid versions for enhanced gaming and earning experiences.
<h2 id="unique-aspects-of-sponge-v2-over-bink-token-price-pump">Unique Aspects of Sponge V2 Over BINK Token Price Pump</h2> Exclusive Access:&nbsp;Earn $SPONGEV2 exclusively through $SPONGE staking. Bonus Rewards:&nbsp;Buying and staking $SPONGE offers special $SPONGEV2 bonuses. Passive Earnings:&nbsp;Staked $SPONGE tokens yield passive rewards, starting at a minimum 40% APY. Permanent Transition: Staking V1 tokens will result in their permanent locking, shifting the focus to V2 post-launch. 
<h2 id="roadmap-and-future-prospects">Roadmap and Future Prospects</h2>
 
Sponge V2’s roadmap is ambitious, targeting 10,000 holders, Tier 1 CEX listings, and a $100M market cap.
The launch stages include the Sponge game’s development and the Sponge V2 claim and listing.
Sponge V2 is not just a sequel to its predecessor; it’s a reinvention with a focus on utility and community engagement.
The integration of P2E and exclusive staking mechanisms make it a standout project in the meme coin domain.
Stay updated on Sponge V2’s journey through social channels and witness its growth in the crypto world.
<a href="https://cryptonews.com/ext/sponge" target="_blank" rel="noopener noreferrer nofollow">Get Sponge V2 Here</a>
Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.

BINK Token Skyrockets 30,000% and This Other Meme Coin Could Explode Next

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