Bull Token up 140%, new meme coin will likely follow
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Bull Token, a meme coin, is up 140%, leading gains. On the other hand, Sponge is also up 44% in the last month.
Bull Token rallying
While the spotlight has been on Solana-based meme coins, the BNB Chain is re-emerging as a hotbed for meme coin action.
Bull Token, a meme coin on the BNB Chain, is up 900% this week, jumping from $0.0000000006113 to $0.000000006457.
Currently, Bull Token has a market cap of $6.64 million and a $4.12 million 24-hour trading volume.
BSCScan data shows that there are currently 2,437 holders and 10,726 total token transfers.
Bull Token is a “Bull Finance Community” and its liquidity was burned on Jan. 18 when it launched.
The platform has unique tokenomics and its smart contract renounced.
It also features a 3% burn and 7% sell tax, with 2% of each sell transaction added to the liquidity pool.
The Bull Token X account has garnered 3K followers.
In a recent video, YouTuber Hunting For Crypto said the Bull Token was a “low-cap gem.”
Sponge in focus
Sponge rose to command a $100 million market cap when it launched in May 2023.
Though prices retraced sharply, the announcement of Sponge V2 is rejuvenating activity.
Sponge is up 44% in the last month. At spot rates, it has a market cap of $14.39 million.
The launch of Sponge V2 comes with a new play-to-earn (P2E), adding utility.
The stake-to-bridge campaign is in progress. Those who stake will receive a yield of 250%. This APY will fall as more tokens are staked.
Tokens will be locked until the campaign ends.
At the same time, Sponge V2 can be bought from the official Sponge.vip website.
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