top trending meme coin $sponge Meme Coins is making a strong comeback after the widespread crypto crash sent it lower.
Helping $SPONGE today is the news of its launch on the Poloniex Centralized Exchange (CEX) at 11:00 UTC.
poloniex listing Meaning $SPONGE can now be traded on all four CEXs. $SPONGE was listed yesterday lbank and the day before coinw And Tobit,
More listings for $SPONGE are very likely to come soon, possibly before the start of the US session.
$SPONGE price jumps to $0.001
As crypto prices slide lower following a crash caused by bitcoin withdrawals on top exchange Binance, $SPONGE traders are now back in buy mode.
$sponge token Within days the meme has found its way to the top of a new wave of coins, as interest has spread around tokens like Pepe and $SPONGE.
$SPONGE is only just getting started and the current market setup provides a great opportunity to buy the decline profitably.
Savvy investors will be well aware that retracements present opportunities and are a good sign of markets moving in a healthy direction with sustainable value creation.
The current price at $0.001338 is a sign of this happening as it barely bounced off its near-term low at $0.000.8541.
CoinMarketCap data shows $SPONGE is up 90% over a 24-hour view, although it is still below its all-time high posted yesterday at $0.002402. In contrast, Pepe Coin is down 15% in the last 24 hours. $SPONGE now has a market cap of approximately $50 million.
At the time of writing, $SPONGE has the 4th best performing price of all meme coins on a 24-hour basis.
The payday-beating coin is up 1,561% on a 7-day return view, a higher percentage than before Coinmarketcap started tracking. some early holders Turned a $50k investment into over $1 million.
$SPONGE token most popular pair on Uniswap
amazing success of $sponge token Even Pepe’s performance has been left in the shadows. While it took three weeks for Pepe to launch on its first centralized exchanges (CEXs), $SPONGE achieved the feat in two days.
On Sunday, $SPONGE got closer to breaking the $100 million market capitalization mark.
A re-test of those levels is occurring, as current prices provide an extremely attractive entry level for new buyers and those looking to average out already established entry costs.
CEX is lined up to bring $SPONGE liquidity to its platform. There is no doubt that they have noticed the collectively growing trade volume on the Uniswap V3 decentralized exchange.
Excluding wrapped coins, Pepe is in second place with $83 million, four day old coin $SPONGE is in the top spot, generating a trading volume of $103 million at 09:10 UTC.
In an astonishing feat, $SPONGE now commands one-eighth of total liquidity on crypto’s largest decentralized exchange.
Another feather in $SPONGE’s cap is the fact that the locked liquidity on Uniswap is twice as high for $SPONGE as it is for Pepe, which has a market cap of almost 20 times higher.
$SPONGE has locked liquidity of $10.8 million, compared to $11.9 million for Pepe.
$SPONGE is trending on social media
Highlighting the increasing trading volume and bullish price action, $sponge The community is growing rapidly.
It’s not even four full days and $SPONGE has over 8,500 holders and one highly active Wire Group No. 17,000.
The project now has over 27,000 followers on Twitter. crypto in that number is going to impress Matt Wallace With almost a million followers and a great friend of Elon Musk.
$SPONGE continues to trend at No. 1 Top DEX App DexTools,
Rumors that the folks behind $SPONGE have some connection to the Shiba Inu team are adding to the FOMO.
Also encouraging to the community and token holders is the fact that Largest wallet vested for two years, The number 1 wallet holds 29% of the supply.
Perhaps more importantly, today China’s top crypto news site, blockbeats$SPONGE mentioned.