Token Airdrop Fuels Buzz & Kickstarts Trading Activity

Sponge token’s incredible rise has been fueled mainly by the hype surrounding a recent airdrop for SPONGE holders.

On November 7, the SPONGE team announced that an airdrop of 833 million tokens, worth around $100,000 at the time, had been distributed to 747 lucky winners.

The team tweeted a thank you to all who participated and said, “Here’s to absorbing more gains together!”

This free token giveaway generated substantial buzz and speculation around SPONGE, which had been trading sideways since mid-June.