Thursday Could eleventh 2023 – Prime-performing meme coin $SPONGE is ready to record on two extra exchanges, Bitget and Gate, after itemizing on MEXC as we speak.
Each centralized exchanges will begin buying and selling the $SPONGE coin on Friday Could twelfth at 10:00 am UTC.
By Friday $SPONGE may have been listed on eight exchanges in complete, with little doubt many extra to come back.
Knowledge web site CoinGecko, in the meantime, ranks Bitget and Gate eighth and ninth, respectively, with Bitget seventh for the best customer site visitors of all exchanges globally.
Deposits on Bitget start as we speak at 10:00 am UTC and the startup occasion for $SPONGE begins at 7:00 pm UTC on Gate.
$SPONGE has an astounding week with robust upside forward as CEXs queue up
$SPONGE has had an astounding week – its worth is up round 600%, in line with coinmarketcap knowledge. Bulls are ready eagerly for essentially the most lately introduced crop of exchanges to record $SPONGE.
At this time, Thursday, $SPONGE begins buying and selling on tenth-ranked centralized alternate MEXC Global at 10:00 am UTC.
As volumes explode and merchants flood in, extra exchanges are doubtless planning to record the new meme coin.
$SPONGE is trending third coin on Dextools, 37k Twitter followers in 6 days
$SPONGE is trending at No.3 on the decentralized alternate buying and selling web site Dextools and has a venture reliability rating of 98 out of 99.
Buying and selling quantity stays above $13 million, and liquidity is at $7.3 million, making the coin one of many healthiest among the many new wave of meme cash by way of market depth.
The venture now has 37.6k followers on Twitter after solely six full days, as its group explodes in dimension.
Though the $SPONGE worth is off its highs at first of the European session, as some profit-taking takes place, the variety of token holders continues to develop, now numbering 11,200.
It’s not recognized what number of token holders there are on the increasing roster of centralized exchanges itemizing the coin, as this knowledge is shielded. Nonetheless, holders on CEX are doubtless on the way in which to being nicely in extra of these holding $SPONGE in their very own self-custody wallets.
$SPONGE has cultural worth and is a platform for progress
$SPONGE has loads going for it compared to its rivals like Pepe.
For one factor, $SPONGE is alleged to have a workforce of seasoned professionals behind it who’ve launched many different profitable tokens.
What’s extra, the workforce features a VC aspect, making it the meme coin of latest occasions recognized to have such high-level involvement.
In response to a latest Twitter Spaces community event, the workforce is planning a giant advertising and marketing push for $SPONGE that can leverage the meme’s world potential.
In paying homage to probably the most recognizable cartoon characters on the planet, $SPONGE is a chance to safe a giant slice of the cultural web zeitgeist and the worth that represents.
Additionally, the pace with which $SPONGE has introduced onboard eight exchanges is proof of the prized relationship that a few of the people behind it have within the trade. That places $SPONGE in good stead for not simply extra prime alternate listings, however for its longevity and future worth appreciation.
$SPONGE, as the web site states, has no formal workforce and the token is for “leisure functions”, nevertheless it clearly has people working collectively at an off-the-cuff stage.
So though there isn’t a concrete discuss as but concerning the future utility vectors that could be constructed on prime of $SPONGE, this can be a distinct chance, presumably relying on the longer term progress of the coin.
However, no matter of the longer-term future, within the right here and now $SPONGE continues to make waves, absorbing the damp from sellers who will reside to remorse their haste.
$SPONGE has arrived – now the long-established wealthy individuals find out about it
Certainly, it could be argued that if you begin getting lined within the extremely influential New York magazine, learn by NYC’s excessive internet value cultural sommeliers and the masters of finance on Wall Road, you could be mentioned to have arrived.
Though there’s loads of incorrect data within the article, which is the type of factor to be anticipated from non-crypto publications, there are solely two meme cash talked about within the piece, and that speaks volumes:
…all these different individuals within the bitcoin queue aren’t shopping for groceries. They’re sending one another memes. These aren’t elevated or necessary memes — we’re actually speaking about Pepe the Frog and SpongeBob.
Two meme-coin tasks, one primarily based on the amphibian Pepe and the opposite on SpongeBob, are at present having fun with a significant speculative increase, each appearing prefer it’s 2021 once more.
$SPONGE holders can relaxation assured then that they’re onto one thing that radiates tangible worth, regardless of the web site disclaimer might say for authorized causes.
New cash flows into $SPONGE as MEXC opens the doorways
Now that the worth has discovered a consolation zone after the shenanigans on the markets following the US authorities sale of a big tranche of bitcoin and Elon Musk stirring the pot together with his Milady NFT tweet, new cash is beginning to come again into $SPONGE.
At this time’s MEXC itemizing is appearing as a conduit for a lot of that cash, offering $SPONGE with a platform for take-off.
Presently priced at $0.0005220, $SPONGE market contributors can sit up for robust upside because the MEXC , Gate and Bitget alternate listings bolster momentum.
Don’t miss out on the $SPONGE airdrop
In case you are a $SPONGE holder you’re eligible to sign-up for the airdrop. All it’s worthwhile to do is click on the hyperlink on the airdrop sign-up web page on Discord after which share your Discord, Twitter, e mail and pockets addresses.
As soon as all 4 are related, you’re eligible for the airdrop.
Airdropped tokens shall be awarded for 3 standards:
- Engagement on Discord – it’s worthwhile to obtain ‘extremely engaged” standing.
- Quantity of $SPONGE bought
- Quantity of $SPONGE traded on Uniswap (CEX quantity can’t be seen by the $SPONGE programs so not included)
The scores shall be reset each week.
The deadline (snapshot) for eligibility is but to be launched, which implies to be eligible for the airdrop there isn’t a time to lose in changing into a $SPONGE holder.
Keep on with the good cash, keep on with $SPONGE
Keep on with $SPONGE and you realize you’re most likely hanging out with the good New York cash. Run for the hills and also you danger dropping your shirt. Diamond palms will win the day, however DYOR.
You should purchase $SPONGE on six centralized exchanges, together with MEXC from 10am UTC. Patrons can even buy on decentralized alternate Uniswap immediately on the $SPONGE web site, at sponge.vip.