Excitement Builds as $SPONGE Meme Coin Surges 67% After Being Listed on Bitget and Gate.io.

The highly anticipated meme coin, $SPONGE, debuted on Bitget and Gate.io today, Friday, May 12, at 10:00 a.m. UTC. 

This listing on two major exchanges marks a significant achievement, surpassing the accomplishments of other meme coins in the market. Despite a 4% decline in the Bitcoin market earlier in the day, $SPONGE demonstrated remarkable strength. During the lead-up to its listing on these new exchanges, the coin surged by an impressive 67%, attracting a wave of buyers.

In the past 24 hours, $SPONGE outperformed other popular meme coins, such as Dogecoin and Shiba Inu, which experienced more than a 2% decline. Coinmarketcap even ranked $SPONGE as the seventh-best gainer during this period. Meanwhile, Pepe suffered a significant 51% drop.

$SPONGE Tops Dextools’ Trending List Amidst Meme Coin Market Shift

$SPONGE’s upward trajectory has caught the attention of the cryptocurrency community, as it currently holds the top position on Dextools’ trending list. This positive momentum suggests growing interest in and demand for the coin.

Pepe has experienced a decline in value at the time of writing, along with other prominent meme coins. Market participants are shifting their focus to new meme coin launches in pursuit of optimal alpha opportunities, leading to Pepe’s struggle. The coin’s value has dropped by 31%, and there are concerns that it might become trapped in a self-reinforcing drawdown.

As its first Week of trading concludes, the influx of new buyers remains crucial in providing strong price support for $SPONGE. These buyers predominantly choose to hold the coin, although some have sold a portion to recover their initial investment.

$SPONGE demonstrates its resilience and global appeal, consistently appearing among the trending coins on Dextools. It holds the top position, with Bitcoin following at number two.

The token currently has 11,780 holders, and the recent addition of two centralized exchanges is expected to increase that number significantly. The exact number of holders on these exchanges needs to be more transparent, but it is anticipated to more than double the overall figure.

Bitget and Gate.io are globally recognized exchanges, with Gate.io ranked ninth and Bitget ranked thirteenth on CoinMarketCap. These exchanges boast 24-hour trading volumes exceeding $800 million.

? #SPONGERS!!! ?

You can now get some $SPONGE on @gate_io! ??

Don't miss it!?

? https://t.co/lDGSBf8kaO pic.twitter.com/wZo8AJK4rE

— $SPONGE (@spongeoneth) May 12, 2023

Moreover, the combined visitor count for Bitget and Gate.io amounts to 5.2 million weekly, contributing to a substantial boost in brand awareness for the $SPONGE token. According to CoinGecko, Bitget ranks seventh in visitor numbers among all exchanges.

Deposits for $SPONGE on Bitget began today at 10:00 am UTC, while the startup event for the token on Gate.io is scheduled for 7:00 pm UTC.

$SPONGE Price Surges 781% in One Week and 67% in 24hrs

$SPONGE is experiencing a remarkable surge in trading volumes, with a significant 182% increase in the past 24 hours. The combined trading volume across decentralized and centralized exchanges has surpassed $31 million.

In addition, $SPONGE has witnessed an impressive 781% surge in value over the past seven days, according to coinmarketcap, with a 51% increase in value today alone. Currently priced at $0.0007751, the token has risen by 67%.

The bullish momentum for $SPONGE has been amplified by other cryptocurrencies’ struggles in the market. For instance, Milady Meme Coin has seen a decline of over 51% at the time of writing.

These favorable circumstances have contributed to $SPONGE gaining more attention and emphasizing its exceptional returns and future potential. While the $SPONGE team may not wish to undermine other projects and coins, it is worth noting that amidst market turbulence, opportunities like $SPONGE shine brightly, akin to diamonds amid the dust.

$SPONGE’s Professional Backing Enables it to Create its Success

$SPONGE has professional backers supporting its success and allowing it to create its luck. It is not solely reliant on good fortune but instead can shape its destiny. The coin’s progress demonstrates the strength of its well-combined components.

A team of a top marketing company, digital asset-focused venture capitalists, and experienced engineers has collaborated effectively to swiftly launch $SPONGE and establish its presence on social media. They have fulfilled $SPONGE’s mission as the world’s top community token.

$SPONGE’s rapid attainment of eight exchange listings results from solid industry relationships. This starkly contrasts with Pepe, which took three weeks to secure its first listing on a centralized exchange (CEX).

The rejection of Pepe by Coinbase likely indicates a need for more trusted business relationships between the parties and their third-party intermediaries. On the other hand, $SPONGE’s more robust network of connections may lead to more positive outcomes in similar negotiations.

$SPONGE Impressive Growth and Engaged Meme Coin Token Community

$SPONGE token holders can rest assured that they are in capable hands, and the evidence lies in its scalability. Currently, $SPONGE boasts an impressive following of nearly 40,000 on Twitter and over 20,000 on Telegram. The Discord server is equally thriving, with hundreds of users online almost anytime. The Discord community alone has reached 3,139 members, making it the go-to platform for those interested in participating in the $SPONGE airdrop, which you can find more information about below.

The remarkable organic growth experienced by $SPONGE is the envy of many projects and businesses. It’s only a matter of time before these numbers double as community engagement continues to deepen, fostering even faster growth.

$SPONGE Makes a Remarkable Debut on MEXC with 279% Increase – More Major Listings to Come

$SPONGE has recently made its debut on MEXC, and the token’s performance on the exchange has been remarkable, with a staggering 279% increase. This success has caught the attention of other major exchanges, including Bitget, Gate.io, Poloniex, LBank, CoinW, Toobit, and BTCEX, all of which have listed or will soon list $SPONGE.

The active and engaged trading community surrounding $SPONGE has become a significant attraction for exchanges seeking projects that can generate substantial fee revenue. As trading volume grows, $SPONGE positions itself to climb higher in the exchange listing hierarchy. It’s only time before more prominent exchanges follow suit and list $SPONGE, expanding its reach and potential further.

Yesterday’s trading performance on MEXC, where $SPONGE commenced trading, resulted in an impressive 279% return for market participants, further highlighting the token’s potential and market demand.

$SPONGE Makes Waves as Top-Performing Meme Coin, Garnering Elon Musk’s Attention and Partnering with Love Hate Inu

$SPONGE, the top-performing meme coin, is causing a stir in the world of Twitter influencers and New York’s elite. The recent buzz surrounding $SPONGE stems from a tweet by Elon Musk, where he expressed his fondness for Spongebob. Given Musk’s previous interest in meme coins and his affinity for Spongebob, there are high hopes that his endorsement will positively impact $SPONGE.

Hey #LoveHateInu Gang!?

We have a collaboration to share with you all! We’re teaming up with one of the hottest #MemeCoins of the week, $SPONGE ?

The trending #MemeCoin $SPONGE is inviting our $LHINU community to participate in their exclusive Airdrop Campaign for some #Meme… pic.twitter.com/u6FYlGYC6e

— Love Hate Inu (@LoveHateInu) May 11, 2023

Adding to the excitement, New York magazine has given a significant shoutout to $SPONGE, further enhancing its reputation and generating widespread interest.

Moreover, $SPONGE is expanding its influence through strategic partnerships with other cryptocurrencies. One such partnership involves Love Hate Inu, which recently concluded a successful $10 million presale and is set to be listed on major exchanges soon. By joining forces with $SPONGE in their airdrop initiatives, Love Hate Inu aims to leverage the growing popularity and reach of $SPONGE.

Exciting $SPONGE Airdrop for Holders – Join the Discord and Register Now!

Take advantage of the exclusive $SPONGE airdrop, available to all $SPONGE holders! Join our Discord and click the link to access the airdrop sign-up page. Complete registration by providing your Discord, Twitter, email, and wallet addresses.

Airdropping rest of the $SPONGE when we hit our soft cap ?

✅New Listing Soon
?LIQUIDITY LOCKEDhttps://t.co/h66wlSXcOP

— Sponge Coin (@spongecoinerc) May 12, 2023

To qualify for the airdrop, make sure to meet the following three criteria:

1. Engage on Discord: Strive for the coveted “highly engaged” status to increase your chances of receiving airdropped tokens.
2. Increase your $SPONGE holdings: The more $SPONGE you own, the higher your chances of receiving airdropped tokens.
3. Trade $SPONGE on Uniswap: Trading volume on Uniswap will be considered, excluding CEX volume.

Please note that scores will be reset every week. While the cutoff date (snapshot) for eligibility has yet to be announced, act quickly to become a $SPONGE holder and secure your participation in the airdrop. You won’t want to miss this opportunity, which could lead to receiving airdropped tokens!

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