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New Meme Coin SpongeBob Might 100x
The cryptocurrency community is in an uproar as a feverish state of memes took over the bazaars after the Pepe coin showed an astounding increase of ten thousand percent.
In such a period as traders tried to find the next sensation, the interest in the trade rapidly increased in the Spongebob coin ($SPONGE), which immediately after the launch showed an increase of +150%.
Created to provide the squeaky smile of our beloved resident of Atholl Bottom, as well as possessing an impressive liquidity of 2.13 million. $, – don’t miss out on the possibility of making the subsequent month-to-month salvo.
What Is Sponge (SPONGE)?
Sponge (SPONGE) is a meme coin with no taxation, formed based on the beloved animated character Lips Bob Squarepants, but in no way interconnected with him. Its task is to form a society in the crypto-space around this character and also “to give the society the best meme-money, produced according to a confidential recipe, as well as a sandwich in a unique cartoon”. Equally, as it is ratified, SPONGE was formed for such who in no way could not use previous “pumps” with the purpose of meme-monets, giving them still the only possibility to accept the deal in premature stages of increase of cost.
The coin is entirely aimed at society, and its task is to increase the bazaar price up to 1 billion dollars, to possess one hundred thousand holders, and also to be registered in the exchanges of “1st level”. Memecoin was launched directly into Uniswap and also gained a significant boost after its emergence.
The value of SpongeBob reached its maximum on May 8, 2023, when it was traded at an unprecedented $0.002394.
Sponge (SPONGE) is considered to be a highly speculative investment, and traders need to be careful before investing money. Before making investment conclusions, it is necessary to perform a painstaking study.
Why are People Investing in Spongebob Tokens?
The token $SPONGE, which is called “the equivalent of the meme coin Crabby Patty”, nowadays period has a basal capitalization of more than $12.5 million and also is experiencing a significant increase in value already after the impressive performance of a similar “shit-monet”, such as Pepe (PEPE), because of the II sections of 2023. For those who missed the opportunity to buy Pepe, $SPONGE offers the newest possibility.
Aiming to help the progressive push of meme tokens showing rapid price increases over a short period, the $SPONGE token can surpass the line of movement set by DINO, TURBO, WOJAK, WSB as well as numerous other tokens. Being one of the most recent participants of Uniswap rank, $SPONGE can make an impact in the coin-meme exchange.
Being an ERC-20 token, someone nowadays period shows a constant size of sales exceeding the Twentieth million dollars. Cryptanalysts expect that in the shortest time and also weeks this token will be able to surpass its rivals, as its weekly growth is more than 600%.
In addition, the token Spongebob quickly became widespread in DEXTools, in which someone for several days consistently captured the 1st role according to popularity.
But the base price of the token remains small – 12.5 million dollars, which is about forty-one times less than at PEPE, indicating a large potential increase. In addition, the number of token holders is less than fifteen thousand individuals, for this reason, each of its global popularization will lead to a sudden increase in value.
How Meme Coin Create Millionaires
As the month came to an end, the considerable income acquired in the wake of the exciting Bitcoin and Ethereum competition adhered to a natural cycle: first into altcoins and then into meme coins to increase income.
Meme coins grow in the quicksand of bazaar hype, as well as their subversive increase is based on their ability to touch the unusual trader’s soul.
This is evident in the stunning increase of Pepe Coin (+580%) as well as Wojak (+870%).
Trading View / PEPE, WOJAK, BOB, TURBO, WSB / USDT
Wall Street Bets (+150%), Turbo Coin (+165%) as well and Bob (+195%) gained similarly in the downloaded time as well as time.
SPONGE Shakes up the Memecoin Sector and Becomes CoinMarketCap Top Gainer
Spongebob token has shaken the whole memecoin section, soaring more than 4000% in the initial 4 days, as a consequence of which its market price has increased from a paltry 2 million dollars up to 90 million dollars.
The token follows in the footsteps of its ancestor – PEPE – and also tries to reproduce its result, guaranteeing its own trader’s unimaginable profitability, as well as someone earlier on the road to achieving its mission. The plan calls itself “Crabby Patty” memcoins as well as is specialized for those who exactly missed the increase in value in PEPE as well as TURBO, giving them a single more opportunity to participate in the plan.
The token assumes a memcoin along with zero benefit, however, this does not deter whales from playing a role in the plan. In addition, several specialists are expecting 100x profitability from the plan, and the only common YouTube specialist is predicting 1000x profitability.
Conclusion
The SpongeBob token shows promising opportunities to attract traders to increase. Nowadays, the meme token can be bought in the main Uniswap exchange or some concentrated exchanges, including MEXC and LBank.
Formed based on the Ethereum bond and also inspired by the widespread cartoon series “Robert Square Pants”, $SPONGE tries to take the niche of the main meme coin, forming a numerical asset directed to society. The token assumes an absorbing probability in the regularly expanding meme coin trade.
Its market capitalization as well as the number of holders is not too high so far, which indicates the presence of a great opportunity for it to increase.