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$SPONGE Price Bounces After Meme Token Market Crash, More Exchange Listings Announced

The top trending meme coin $SPONGE is bouncing back strongly after the wider crypto crash sent meme coins lower. Helping $SPONGE today is the news of its launch on the Poloniex centralized exchange (CEX) at 11:00 UTC. The Poloniex listing means $SPONGE can now be traded on four CEXs. The current price of $0.001338 is indicative of this phenomenon, as it bounces hard off its near-term bottom at $0.000.8541. CoinMarketCap data shows $SPONGE is up 90% on a 24-hour view, although it is off its all-time high printed yesterday at $0.002402. $SPONGE now has a market cap of approximately $50 million.

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