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The key to these projects is a memorable meme that resonates with the crypto community.
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Spongbob as a show is steeped in internet culture and the chosen meme for this project is a very popular one with crypto users online.
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Pepe Coin (PEPE) really shook up the whole market and its overnight success has led to countless investors searching for its successor. We think Spongebob Token ($SPONGE) has that potential.
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ADA’s price could experience sideways movement and choppy price action until the 2024 Bitcoin halving.
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The analyst attributed this newfound attention on Cardano to meme coins.
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