Meme coins are raising a lot of dust these days, making investors get as many tokens as they can before their value spikes further.
Dogecoin (DOGE) is not looking so good after days of being in the red zone, while some analysts still believe that it could soon hit a $600 million trading volume.
On the other hand, many investors think Dogecoin showed everything it could do and are now oriented towards the hottest crypto at the moment – the SpongeBob token ($SPONGE).
$SPONGE 1039 % Price Spike Blows Dogecoin Away
Dogecoin was created just for fun in 2013 based on the “Doge” meme. Despite its origins as an internet joke, it has gained a large following and is embraced by the cryptocurrency community. Elon Musk may be the most deserving of its popularity, especially since he used the DOGE logo for Twitter, which caused a huge reaction. Recent Dogecoin trading volumes have increased, aiming to hit $600 million. Dogecoin’s future price has been a subject of speculation, with some experts predicting large gains in the next few months.
Meanwhile, whales are buying $SPONGE in anticipation of higher profits. Like other meme coins, the SpongeBob token is fully focused on being fun and appealing, attracting investors to invest in it, join investors who have already bought it, and making the community stronger. Meme coins have the potential to see sudden price increases, which is why buying them now can prove to be a wise move.
By looking at the position that Dogecoin is in now, having almost a 7% price drop in the last seven days, and the 1039 % price spike of $SPONGE during the same period, it is clear who is winning the race!
$SPONGE dogged to Become the Best meme Coin With 100x Gains for Investors!
After so many dog-themed meme coins, it looks like there is now an opponent that aims to stir the situation. $SPONGE is a crypto created with the goal of paying tribute to SpongeBob, the underwater Bikini bottom resident. It is the character that has been entertaining people of all ages, not just children.
The SpongeBob Token is a community-driven project. It calls itself the “Krabby Patty of meme coins and shitcoins,” which is, as SpongeBob fans will understand, a reference to the show’s most famous burgers. The humor is what made everyone so attracted to it in the first place, and it is the reason why the SpongeBob token has incredible potential to get the attention of so many investors out there.
After the success of the biggest meme coin, Dogecoin, $SPONGE is proving that the market can change and that the title of the most popular meme coin can easily go to another crypto.
The whales are buying $SPONGE tokens and investing large sums of money, so while one is investing $100k, the other one is giving triple! By looking at these figures, it is easy to conclude why $SPONGE could easily be the one to knock DOGE out of its throne!
$SPONGE is Getting launched on Major Exchanges – Price Will Pump!
Listings are very important for every crypto because it increases exposure and consequently impact the demand. $SPONGE has been listed on LBank, Uniswap CoinW, Poloniex, and BTCEX, which is very impressive considering that it appeared a few days ago. Not only that, but the team behind SpongeBob tokens announced that MEXC Global would list $SPONGE too.
Each of these exchanges is reputable and known among crypto enthusiasts, so the speed at which they listed $SPONGE shows its incredible potential! When it comes to tokenomics, $SPONGE, a decentralized Ethereum ERC-20 Token, has a total supply of 40.40 billion. 61% is reserved for DEX liquidity, 10% for CEX liquidity, and 29% is planned for the community.
At the same time, Dogecoin doesn’t have high activity for now. Its highest spike occurred in May 2021, and its current price is far away from it without any clear indications that it could increase any time soon. Meanwhile, with no presale period and no taxes, $SPONGE is certainly the best crypto to invest in now!
The glory of Dogecoin may be fading away, but the meme-coin trend has only just begun. Meme coins will not disappear for sure, as everyone is talking about them and buying them in large quantities. The crypto market is expected to flourish in the coming months, and $SPONGE is certainly making a huge splash on the market as we speak. Getting it now seems like the most logical thing to do before its price pumps further, so get it while you can!