ZetaChain

Sponge

Momentum

Polygon

Time

<p><span style="font-weight: 400;">The ZetaChain price </span><a href="https://coinmarketcap.com/currencies/zetachain/" rel="noopener noreferrer nofollow"><span style="font-weight: 400;">surged</span></a><span style="font-weight: 400;"> more than 66% over the past 24 hours to trade at $0.9156 as of 8:25 am EST as investors bet big on the newly-launched crypto.</span></p>
<h2 id="span-style-font-weight-400-the-zetachain-price-prints-a-higher-low-span"><span style="font-weight: 400;">The ZetaChain Price Prints A Higher Low</span></h2>
<p><img decoding="async" src="https://s3.tradingview.com/snapshots/x/xJb1HerL.png" alt="TradingView Chart"></p>
<p><span style="font-weight: 400;">15-minute chart for ZETA/USDT (Source: </span><a href="https://www.tradingview.com/x/xJb1HerL/" rel="noopener noreferrer nofollow"><span style="font-weight: 400;">TradingView</span></a><span style="font-weight: 400;">)</span></p>
<p><span style="font-weight: 400;">The ZetaChain price has printed a second higher low in the past hour, resulting in the formation of a positive trend line. Should this bullish momentum continue, the altcoin may overcome the $0.9885 threshold and begin climbing. </span></p>
<p><span style="font-weight: 400;">This bullish thesis may be invalidated if ZETA falls below the immediate support level at $0.8815. In this alternative scenario, the ZetaChain price may drop to the subsequent support level at $0.7645.</span></p>
<p><span style="font-weight: 400;">Momentum is currently in favor of bulls. This is evident by the 9 and 20 Exponential Moving Average (EMA) lines. The 9 EMA is positioned above the 20 EMA line, signaling that buyers have been more active during the last 9 candles on the 15 minute chart than the previous 20 candles. </span></p>
<p><span style="font-weight: 400;">If this positive momentum continues, the ZetaChain price may break above $0.9885 before the end of today’s trading session.</span></p>
<p><span style="font-weight: 400;">While the ZetaChain price gears up for a potential explosion, <a href="https://insidebitcoins.com/news/alessandro-de-crypto-sponge-v2-presale-update-high-staking-rewards-investment-opportunity" rel="noopener noreferrer nofollow">Sponge V2</a> is positioning itself to repeat the 100X gains it recorded in the 2023 bear market.</span></p>
<h2 id="span-style-font-weight-400-looking-to-build-off-its-earlier-success-span"><span style="font-weight: 400;">Looking To Build Off Its Earlier Success</span></h2>
<p><span style="font-weight: 400;">Sponge V1 managed to print 100X gains for early-stage investors during the middle of 2023. It was also able to reach a peak market cap of $100 million. Now, the Sponge team have returned and are looking to give investors another chance at substantial gains through the launch of </span><a href="https://insidebitcoins.com/visit/sponge" rel="noopener noreferrer nofollow"><span style="font-weight: 400;">Sponge V2</span></a><span style="font-weight: 400;">.</span></p>
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 <p lang="en" dir="ltr">Turn up the volume, <a href="https://twitter.com/hashtag/SpongeV2?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#SpongeV2</a> is making noise! 🎶🧽</p>
 <p>Time to stake your <a href="https://twitter.com/search?q=%24SPONGE&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$SPONGE</a>! 💪<a href="https://twitter.com/hashtag/BullMarket?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#BullMarket</a> <a href="https://twitter.com/hashtag/Sponge?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Sponge</a> <a href="https://twitter.com/hashtag/Crypto?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Crypto</a> <a href="https://twitter.com/hashtag/SpongeV2?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#SpongeV2</a> <a href="https://twitter.com/hashtag/AltCoins?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#AltCoins</a> <a href="https://twitter.com/hashtag/100x?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#100x</a> <a href="https://twitter.com/hashtag/Binance?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Binance</a> <a href="https://twitter.com/hashtag/PEPE?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#PEPE</a> <a href="https://twitter.com/hashtag/FLOKI?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#FLOKI</a> <a href="https://twitter.com/hashtag/DOGE?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#DOGE</a> <a href="https://t.co/rqVG1ev1Vh" rel="noopener noreferrer nofollow">pic.twitter.com/rqVG1ev1Vh</a></p>
 <p>— $SPONGE (@spongeoneth) <a href="https://twitter.com/spongeoneth/status/1752995265500311842?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">February 1, 2024</a></p>
</blockquote>
<p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p>
<p><span style="font-weight: 400;">To ensure the success of Sponge V2, the team have lined up a number of major centralized exchange listings. In addition to this, the project will tap into the fast-growing blockchain gaming industry by introducing a play-to-earn racer game.</span></p>
<p><span style="font-weight: 400;"> This game will be available in two versions, a paid version and a free version. In the paid version, players stand the chance to win Sponge V2 tokens. This will introduce a level of utility into the meme coin’s ecosystem.</span></p>
<h2 id="span-style-font-weight-400-migrating-to-the-polygon-network-span"><span style="font-weight: 400;">Migrating To The Polygon Network</span></h2>
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 <p lang="en" dir="ltr">🚨 Important project update! 🚨</p>
 <p>Due to a malicious attack on the Sponge V1 token, we’ll be moving all holders to Sponge V2 on the 5th of February at 11:00 PM UTC.</p>
 <p>Please be aware the <a href="https://twitter.com/search?q=%24SPONGE&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$SPONGE</a> V1 will be discontinued.</p>
 <p>We strongly advise all holders to withdraw their tokens from… <a href="https://t.co/itZelxAL9V" rel="noopener noreferrer nofollow">pic.twitter.com/itZelxAL9V</a></p>
 <p>— $SPONGE (@spongeoneth) <a href="https://twitter.com/spongeoneth/status/1752713327229505649?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">January 31, 2024</a></p>
</blockquote>
<p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p>
<p><span style="font-weight: 400;">The Sponge team has decided to migrate Sponge V2 to the highly-scalable and rapidly-growing Polygon network following an attack on its liquidity pool. The migration to the network was always part of the project’s roadmap, but the team has decided to fast track the transition for security reasons. </span></p>
<p><span style="font-weight: 400;">The scheduled date for the move to Polygon has been set for Monday Feb. 5, and will take place at 11:00 pm UTC. With this transition, Sponge V2 will be launched and Sponge V1 will be discontinued.</span></p>
<p><iframe title="How to Invest in the Best Crypto Presales 2024" width="640" height="360" src="https://www.youtube.com/embed/Kwm7iq089Cs?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen></iframe></p>
<p><span style="font-weight: 400;">Not only will this make the project more secure and scalable, it will also unlock a substantial reduction in transaction fees. The project is currently housed on the Ethereum blockchain, which has an average transaction fee between $2.5 and $20. </span></p>
<p><span style="font-weight: 400;">Through the transition to Polygon, these transaction costs will be slashed down to between $0.38-$0.77. Sponge gamers will be able to look forward to huge potential on-chain savings.</span></p>
<p><span style="font-weight: 400;">Sponge V2 can be acquired </span><a href="https://insidebitcoins.com/visit/sponge" rel="noopener noreferrer nofollow"><span style="font-weight: 400;">here</span></a><span style="font-weight: 400;">.</span></p>
<h3 id="span-style-font-weight-400-related-articles-span"><span style="font-weight: 400;">Related Articles:</span></h3>
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ZetaChain Price Prediction: ZETA Pumps 66% On Debut As Analysts Say This Meme Coin Presale Might Be The Next Crypto To Explode

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