[//]:content-type-MARKDOWN-DONOT-DELETE According to the SpongeBob (SPONGE) team, the SpongeBob (SPONGE) token will undergo a 1:1 swap for the new token based on the snapshot taken on February 5, 2024, 23:00 UTC. As per the project team's request, Gate.io has temporarily closed the deposit and withdrawal services for SpongeBob (SPONGE) and will suspend the trading service for SpongeBob (SPONGE) on February 5, 2024, 06:00 a.m. UTC. Details: 1) Gate.io has closed the deposit and withdrawal services for SpongeBob (SPONGE). 2) Gate.io will suspend the trading service for SpongeBob (SPONGE), including spot trading and quant trading, on February 5, 2024, 06:00 a.m. UTC. 3) Users who have in-progress SpongeBob (SPONGE) quant trading should adjust your trading strategies beforehand. Otherwise, the trades will be terminated automatically before February 5, 2024, 06:00 a.m. UTC. If there are any further changes, we will make additional announcements. Thank you for your understanding and support. Project team’s announcement: https://x.com/spongeoneth/status/1754093839579521329?s=20 Gateway to Crypto Trade over 1,700 cryptocurrencies safely, quickly, and easily on Gate.io Download Gate.io [App](https://www.gate.io/mobileapp?ch=ann28618 "App") / [Web](https://www.gate.io/mobileapp "Web") Client now>>> Follow us on [Gate.io X (Twitter)](https://twitter.com/gate_io "Gate.io X (Twitter)") to get more bonuses>>> Join our [Telegram](https://t.me/gateio_en "Telegram") to discuss hot topics>>> Join our [Global Community](https://www.gate.io/community "Global Community") to get more updates>>> We provide [100% proof of reserve](https://www.gate.io/proof-of-reserves "100% proof of reserve")>>> [Sign up](https://www.gate.io/signup "Sign up") to enjoy max. $6666 in rewards exclusively for new users Get 40% commission from [referrals](https://www.gate.io/referral "referrals") Gate.io Team February 4th, 2024