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About Sponge

Sponge ($SPONGE) is a zero-tax meme coin that draws inspiration from the popular cartoon character SpongeBob SquarePants, although it has no official affiliation with the character or the show. The coin aims to build a community within the cryptocurrency space around this character, providing a new platform for those who may have missed out on previous meme coin trends. Sponge aims to increase its community, expand its user base, and be recognized in the cryptocurrency market. It's important to note that Sponge is a highly speculative asset, and potential holders should conduct thorough research before making any decisions.

Sponge operates on the Ethereum blockchain, which uses a proof-of-stake consensus mechanism to process transactions and secure the network. The tokenomics model of Sponge is unique among meme coins. Out of a total supply of 40.4 billion tokens, Sponge has allocated 61% towards decentralized exchange liquidity, 29% towards unity, and 10% towards centralized exchange liquidity. The project has also announced that the contract is renounced and the first wallet is locked, adding an additional layer of security for holders.

Sponge seeks to provide an opportunity for those who missed out on other meme coin trends to participate early and potentially observe price movements. One of the unique features of Sponge is its partnership with Tamadoge, a Web3 gaming project. This collaboration has resulted in an airdrop that has generated considerable interest among crypto and Web3 enthusiasts. Sponge's connection to a widely recognized and relatable meme could also contribute to its popularity and potential use cases in the meme coin season.

Sponge was launched by an anonymous team, a common practice among meme coins. Despite the team's anonymity, they have been actively engaging with the community and answering questions about the project. Sponge gained considerable momentum following its launch, with its price reaching an all-time high on May 8, 2023. The team behind Sponge is dedicated to ensuring the success of the project, and they continue to work towards their goal of increasing the coin's community, expanding its user base, and being recognized in the cryptocurrency market.

Market

Germany Market Stats

Market cap

-

Volume (24h)

€10,081.90

Circulating supply

-

All time high

€0.0022

Germany Market performance

Price change (1h)

-1.31%

Price change (1d)

-9.05%

Price change (1w)

-9.72%

Price change (2w)

-0.16%

Price change (1m)

-4.27%

Price change (1y)

-7.84%

Germany News about Sponge

The Block • May 02, 24

Dorsey’s Block to invest 10% of bitcoin profits into BTC each month, shares rise on Q1 earnings beat

Jack Dorsey's Block will be investing 10% of its gross profit from bitcoin products into bitcoin purchases and will open-source its treasury.

Read more

News Article Image

Unchained • May 02, 24

Eigen Foundation to Allocate an Additional $1,000 in EIGEN Tokens to Over 280,000 Users

The Eigen Foundation announced Thursday that it will allocate an additional 100 EIGEN tokens, currently worth about $1,000, to more than 280,000 users in an effort to increase the accessibility of its token for early adopters and respond to community criticism of specific details of EigenLayer’s ...

Read more

News Article Image

Decrypt • May 02, 24

Jito Price Jumps After Topping Solana DeFi Protocols With $1 Billion Locked

Jito Network became the top DeFi protocol on Solana, with liquid staking pool token JitoSOL rising by 8.5%.

Read more

News Article Image

Bitcoin Magazine • May 02, 24

Script State from Lamport Signatures

A breakdown by Andrew Poelstra on how Lamport Signatures, a hash based signature scheme, can be used to create a global state that any Bitcoin transaction can reference to settle smart contracts.

Read more

News Article Image

The Block • May 02, 24

Crypto-friendly Reps. Nickel and Flood urge SEC to give the green light to options on spot bitcoin ETFs

Lawmakers asked the SEC to approve the listing and trading of options on spot bitcoin exchange-traded funds amid delays.

Read more

News Article Image

CoinDesk • May 02, 24

Jack Dorsey's Block Adding More Bitcoin to Balance Sheet, Presents Road Map for Others

The payments firm announced the news alongside its first quarter earnings report on Thursday afternoon.

Read more

News Article Image

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Coinbase Bytes

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Sponge is on the decline this week.

The price of Sponge has decreased by 1.31% in the last hour and decreased by 9.05% in the past 24 hours. Sponge’s price has also fallen by 9.72% in the past week. The current price is €0.000060 per $SPONGE with a 24-hour trading volume of €10.08K. Currently, Sponge is valued at 97.33% below its all time high of €0.0022. This all-time high was the highest price paid for Sponge since its launch.

The current circulating supply of Sponge is 0 $SPONGE which means that Sponge has as total market cap of 0.

FAQ

What is the current price of Sponge?

We update our Sponge to EUR currency in real-time. Get the live price of Sponge on Coinbase.

What is the market cap of Sponge?

The current market cap of Sponge is €0.00. A high market cap implies that the asset is highly valued by the market.

What is the all time high of Sponge?

The all-time high of Sponge is €0.0022. This all-time high is highest price paid for Sponge since it was launched.

What is the 24 hour trading volume of Sponge?

Over the last 24 hours, the trading volume of Sponge is €10.08K.

What other assets are similar to Sponge?

Assets that have a similar market cap to Sponge include Wrapped eETH, Biblecoin, Alien Milady Fumo, and many others. To see a full list, see our comparable market cap assets.

How many Sponge are there?

The current circulating supply of Sponge is 0.

Can I buy Sponge on Coinbase?

Yes, Sponge is currently available on Coinbase wallet. For more detailed instructions, check out our helpful how to buy Sponge guide.