Crypto Experts Are Saying This Little Known Crypto Is the Next Pepe Coin After the Price Jumped 1500% in 48 Hours - What Do They Know?
Following a 1,500% increase in the last 48 hours, the $SPONGE token has already been touted as the next $PEPE coin by many investors.
The latter debuted in mid-April and rose 4,000% in a short period. Currently scheduled for a Binance exchange listing, $PEPE has amassed a market capitalization of over $1 billion, which is fast for a newly launched project.
The $SPONGE token is also duly towing that line, with many market commentators speculating on whether the token will outperform others in terms of price growth.
SpongeBob ($SPONGE) is a crypto meme adaptation of the hugely popular children's animation series Spongebob Square Pants premiered in 1999 by Stephen Hillenburg.
The children's show is a comedy that follows the adventures of a sponge-like character who lives at the bottom of the sea in a pineapple-shaped house.
Spongebob Square Pants was not an instant success and only became popular in its second season.
Since then, the animated series has earned $30 billion in merchandising revenue and has over 50 million monthly viewers.
Spongebob Square Pants' fame has spread into the crypto space due to the show's frequently amusing memes.
However, this new crypto project is launching on the back of it, making it a universally-related effort.
The $SPONGE token is an inspiration from the Spongebob Square Pants show, making it an ideal face for a new meme project.
The popularity of the children's show has seen the ERC-20 token gain massive acceptance across the crypto space.
Since making its debut about a week ago, the $SPONGE token has already secured exchange listings on CoinW and Toobit platforms which is faster than the $PEPE token was able to do.
As a result, crypto experts are already focusing on the project.
One of the
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