Hot Meme Coin $SPONGE Price Pump Incoming – MEXC Exchange Lists on Thursday May 11th - Time to Buy?
Tuesday May 9th 2023 – Pepe challenger, meme coin $SPONGE, starts trading on 11th May at top 7 ranked centralized exchange (CEX) MEXC from 10:00 UTC.
This latest listing will mean that from this Thursday $SPONGE will be trading on six CEXs. It took Pepe three weeks to get its first CEX listings, but $SPONGE achieved that goal in less than 48 hours.
The hot new meme coin for the past two days has been the most traded coin on No.1 decentralized exchange Uniswap.
Talk of the meme coin frenzy cooling after yesterday’s crypto crash is proving premature. According to CoinMarketCap data, meme coins are the top-performing category of coins today – their average price is up 51%, beating all other categories of crypto.
Although it is only entering its fifth day of trading, $SPONGE is still the top returning meme coin, ranked by 7-days, up 1,290%. Pepe, in contrast, is down 18% in the past 24 hours.
Data site CoinGecko ranks MEXC 7th with a trust score of 9 out of 10 and notes it has a 24-hour trading volume of $777 million.
Meme coins Pepe and Turbo both feature in MEXC’s top five trading pairs and they will soon be joined by $SPONGE.
MEXC has markets in 180 spot trading pairs and 125 futures. The popular exchange is based in the Seychelles.
Other CEXs listing $SPONGE are Poloniex, where the coin started trading yesterday (Monday 8th), LBank, CoinW, Toobit and BTCEX.
Deposit opened: Tuesday May 9th 10:00 (UTC)
Voting Period: 2023-05-09 10:00 to 2023-05-10 09:50 (UTC)
Voting result: 2023-05-10 10:20 (UTC)
Trading: Thursday May 11th 10:00 (UTC)
Withdrawal: Friday May 12th 10:00 (UTC)
Check out the tweet from MEXC Global and share it:
The crypto market has calmed over the past 12 hours or so, with the Asian session seeing Bitcoin hold its value
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