The coin’s rally has seen it move to #32 among the most traded cryptocurrencies based on <\/span>CoinMaketCap<\/span><\/a> data at around 07:00 EST.<\/span><\/p>\n The 24-hour technical analysis of the WAXP\/USDT pair agrees that the token demand is high. The market summary shows a “Buy” sentiment at 15, and the moving averages (MA) show a “Strong Buy” sentiment at 14, with the selling pressure at 0. And while the relative strength index is at 61, the upward price movement continues. <\/span><\/p>\n Another token that may be able to keep pace with WAX is <\/span>SpongeBob<\/span><\/a>, a new meme coin project on its way to becoming the next internet sensation after announcing its staking launch. <\/span><\/p>\n Meme coin SpongeBob ($SPONGE) has increased by nearly 16% in the last 7 days to reach a selling price of $0.00011. The bullish trend in the token’s price is due to the announcement of the launch of its staking feature, which is scheduled for November 1.<\/span><\/p>\n With just five days before the official launch, more buyers have been attracted to SpongeBob. <\/span><\/p>\n 🚀 Big News, #SPONGERS<\/a>! 🧽<\/p>\n Starting November 1st, you can STAKE your $SPONGE<\/a> tokens and dive deep into passive rewards! 🌊💰<\/p>\n Get ready to soak up the damp! 🚢💦<\/p>\n Stay tuned for more details! 📢#SpongeStaking<\/a> #Crypto<\/a> #Web3<\/a> pic.twitter.com\/6slxnX3ON2<\/a><\/p>\n — $SPONGE (@spongeoneth) October 21, 2023<\/a><\/p><\/blockquote>\n![\"WAX](\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/10\/WAX-price-prediction.jpg\")
<\/p>\nSpongeBob Attracts Investors With Staking Set to Launch in 5 Days<\/span><\/h2>\n
![\"SpongeBob](\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/10\/SpongeBob-price-prediction.jpg\")
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