Sponge to 0.16We need to hold the 0.000092. If it breaks the trendline it could mean the abd correctoin is over and we will make a wave 3 to the crazy 0.16 level. Let me know what you think.
SPONGEUSDT trade ideas
Traders like to hunt next meme coin at discount, SpongeIn bigger timeframe, this week sponge fill up the Fair Value Gap where the Resistance become support. The popular word is retest. There area where the trader plan to entry for bigger profit.
Meanwhile, sponge reach the equilibrium zone where there is big demand zone (buy zone) for trader to entry. Since Bonk become king meme with explode 20,000% increment, lot of trader search next meme coin that in the good entry zone.
In shorter Time frame, (4H), Sponge is the first meme token that reach oversold area with the lowest market cap at 17M usd compare to other meme competitor which already break 100M usd market cap.
Sponge that was tweet by Elon MuskSponge token or spongebob token use childhood TV series character, Sponge bob square pants. There is rumour that Sponge will be listed to Coinbase, Binance and OKX together with Kucoin and Bybit.
Sponge the meme coin that support the staking system that give reward to the staker. Based on the volume growth and increase number of user, this coin that Market cap around 18M usd was not yet reach parabolic fly like its competitor Grok that MC achieve 170M usd several weeks ago.
Based on the the on chain data, rumours and future market cap growth, Sponge possibility to achieve Market Cap above 100M usd when the meme season start in late Dec 2023 or Early Jan 2024.
Sponge's Kraby Patty analysis for May.Hello fans of Meme coins.
Today I decided to post some of my holding.
It is more for fun, like PEPE.
There's not too much history, so I made some Fibo's and waves and want to monitor futher.
Especially, if it's a new coin.
Let 's wait if SPONGE coin find a way to Golden spatula : )
Yours Emvo.
