SPONGE Price Prediction – Can the Meme Coin Sustain Its Rally? Coming off the heels of its incredible rally, speculation is running rampant regarding where SPONGE’s price could be headed next.
Many believe the token could see additional near-term gains if the hype is sustained.
Some optimistic traders project SPONGE could ride the current momentum and reach the pivotal $0.0010 level.
SPONGE hasn’t traded at this level since May 9, yet given its psychological importance, token holders believe that price could be drawn to it.
Token Airdrop Fuels Buzz & Kickstarts Trading Activity Sponge token’s incredible rise has been fueled mainly by the hype surrounding a recent airdrop for SPONGE holders.
On November 7, the SPONGE team announced that an airdrop of 833 million tokens, worth around $100,000 at the time, had been distributed to 747 lucky winners.
The team tweeted a thank you to all who participated and said, “Here’s to absorbing more gains together!”
This free token giveaway generated substantial buzz and speculation around SPONGE, which had been trading sideways since mid-June.
SPONGE Price Explodes as Investor Hype Ramps Up SPONGE is now trading around the $0.00051 level, up almost 400% over the previous 30 days.
Meanwhile, the token’s market cap has grown to $10.9 million, accompanied by a significant trading volume of $1.5 million in SPONGE transactions over the past 24 hours.
According to data from Etherscan.io, the number of unique wallet addresses holding SPONGE has also soared, reaching 11,900. #xrp #etf #ETH #BTC $BTC $ETH $MEME
A 9900% increase from its starting price of $0.001. Since this crazy hour, the price has settled into a range between support and resistance of $0.019 and $0.028, respectively. Our Memecoin price prediction has MEME hitting highs of $0.036400 in 2024 and $0.082000 in 2030