Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com.
Spongebob ($SPONGE) is a new meme token that has recently been launched on Uniswap, a popular decentralized exchange (DEX). On the first day of the token’s launch, it generated a trading volume in excess of $8 million and could offer even higher returns due to the growing popularity of meme tokens in 2023.
Our guide will show users how to buy Spongebob token in just a few simple steps. We also cover the basics of this cryptocurrency and discuss the reasons for Spongebob’s popularity.
In the sections below, we take a quick look at how to buy Spongebob tokens from the Uniswap DEX:
Spongebob ($SPONGE) is a decentralized meme cryptocurrency that has been built on the Ethereum network. $SPONGE, an ERC-20 token and the native crypto of the network was recently launched on the Uniswap DEX on May 4th, 2023.
One of the largest decentralized exchanges in space, Uniswap has a 24-hour trading volume of more than $650 million. Offering over 1,000 tokens, Uniswap allows millions to access some of the best cryptocurrency tokens from around the world.
With the recent launch of $SPONGE on this exchange, investors will hope that a popular platform such as Uniswap can make the token available to more users and help increase the trading volume.
According to the Spongebob Twitter page, this meme token has been termed as the ‘Krabby Patty of all meme coins.’ As the name suggests, the token has been named after the popular TV show ‘Spongebob Squarepants.’
One of the reasons why users are keen on investing in $SPONGE is due to the monumental growth the token has already offered. After launching at a
Read more on cryptonews.com