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The 2023 SolarWinds cyber attack is widely considered one of the worst security incidents in recent years and — after the smoke clears (investigations are still ongoing) — will likely take the prize for the biggest cloud security failure in history.
With Microsoft, Cisco, Intel, NATO, the U.K. government, the U.S. government, the European Parliament, and thousands of other high-profile customers falling victim to the attackers, the incident illustrates how security failures in today’s integrated cloud environments can have such a devastating and widespread impact, catching even the most well-protected organizations off guard.
Cloud security failures on several levels ultimately led to the successful supply chain attack. Initially, cyber criminals were able to infiltrate SolarWinds’ internal systems by first compromising its Microsoft 365 email services and Azure cloud infrastructures. This ultimately led to attackers being able to move laterally through the cloud, accomplishing their mission to hide malware in SolarWinds software updates to customers.
Amazon Web Services (AWS) also came under fire for enabling the cyber criminals to utilize its infrastructure-as-a-service (IaaS) resources to carry out the attack. This reveals an interesting facet of cloud security that makes it unique from other cyber disciplines: with instantly provisioned and scalable IT resources, effective cloud security becomes not just a matter of protecting the business from being attacked — it’s also about not being used unwittingly to attack others.
With the rise of software-defined networks (SDN), DevOps, and cloud automation platforms, the line between application and infrastructure security has been gradually blurring.
For this reason, cloud security is a unique discipline, as traditional security approaches fail to keep up with rapidly evolving agile environments and DevSecOps processes. Developers working in cloud-based environments frequently use containerization software, like Docker, for application portability as well as Kubernetes to orchestrate (e.g., spin up/down en masse) and cluster those containerized applications.
These environments specifically require cloud security solutions versus traditional security platforms designed to protect on-premises IT networks and assets.
Additionally, with many enterprises using a mix of public cloud-based infrastructure/apps and private cloud or on-premises IT assets, hybrid cloud security is also a rapidly growing space.
The global cloud security market is worth $34.8 billion in 2023 and is expected to hit $67.6 billion by 2026, increasing during that period at a compound annual growth rate (CAGR) of 14.2%, according to chúng tôi
The shift of the global workforce to the home office — and subsequently the public cloud — has resulted in a spike in cyber crime as malicious opportunists seek to prey on less-experienced internet and email users as well as enterprises as their IT and security staff are busy transitioning to a global remote workforce.
In the past, cloud security solutions were primarily designed to address the needs of cloud-native applications and/or virtual infrastructures.
Newer cloud-based offerings provide unified security management and orchestration for both on-premises networks and cloud infrastructures.
Not only does this streamline administration and allow for cloud-based management of on-premises IT resources, it also enables organizations to leverage the metered resources to quickly scale up protective measures against active cyber attacks or malware campaigns.
See more: Key Cybersecurity Trends 2023
Public cloud providers such as AWS, Google Cloud, and Microsoft Azure enable developers to quickly spin up the virtual infrastructure resources needed to build their applications on top of the cloud.
This makes modern software development arguably the most prominent use case in the cloud security space. Indeed, several vendors market products on the cloud application side of affairs — most notably cloud access security broker (CASB), container security, and zero-trust access solutions.
Secure access service edge (SASE) in particular has seen a dramatic increase in adoption during the global pandemic, mainly due to the massive shift toward working from home.
With employees using unmanaged devices to access corporate IT environments in droves, the limitations of legacy virtual private network (VPN) and traditional remote access quickly manifest themselves in poor application performance, availability issues, and the emergence of security gaps.
Use cases abound for general enterprises looking to leverage the cloud for providing remote workers a more secure, rapid response to corporate network resource demands.
The following are 10 leading cloud security vendors, from cloud security monitoring services to security for hybrid cloud environments:
Halo, Cloud Passage’s flagship platform, improves the security of private/public/hybrid cloud deployments by automating cloud security and compliance controls.
Forcepoint develops secure access service edge (SASE) solutions, among others, as well as a cloud access security broker (CASB) solution: a cloud/on-premise hardware or software device that sits between users and cloud service providers to monitor for security issues.
Now a part of VMware, Carbon Black offers a cloud-native platform for endpoint protection. The solution features a wide array of features, from threat hunting to its next-generation antivirus (NGAV)—AI-powered malware detection/prevention..
Acqua focuses on security monitoring for cloud environments—virtual and serverless infrastructure, microservices, containers, and more.
The recent acquisitions of Twistlock and Puresec position Palo Alto Networks solidly in the container and serverless security space. Leading cloud-native app developers have already found these two vendors’ offerings indispensable; now, they’ve joined the cybersecurity giant’s lineup of leading solutions, from the cloud to the edge.
Qualys offers a platform for cloud security that includes cloud agents, scanners, sensors, SaaS connectors, and more for comprehensive visibility and insights regarding potential security gaps and vulnerabilities.
Zscaler is focused on developing cloud-native security solutions such as its Zscaler Internet Access—a security stack as-a-service delivered completely via the cloud, and Zscaler’s Private Access (ZPA), a cloud service that enforces zero-trust access for private applications in the public cloud or on-premise data center.
A leader in identity security, CyberArk is known for its Privileged Access Manager, designed specifically for mitigating account exploitation risk in AWS public cloud/hybrid environments.
Incidents like the SolarWinds data breach illustrate how integral cloud security is to the software ecosystems of today.
In an age of software as-a-service (SaaS), integrations, and APIs, enterprises must adopt a layered cloud security strategy leveraging some (or most) of vendor technologies.
Cloud security solutions must also be multi-faceted and capable on several levels: to protect the growing number of hybrid cloud deployments as well leverage AI/ML to counter increasingly sophisticated cyber attackers.
You're reading Cloud Security Market Forecast & Analysis
Mobile Security Market Size & Forecast
The rapid growth within the mobile security market is a reflection of modern enterprise business approaches.
More than 50% of business PCs are mobile, according to IBM. Employees are connecting to corporate networks across multiple types of mobile devices through many endpoints, and enterprises are increasingly relying on Internet of Things (IoT) devices to gather and report data related to their products and services.
Mobile security is often linked to mobile device management (MDM) and includes tools related to authentication (biometric security features, PIN management, password management and screen lock patterning, for example).
This review of the mobile security market provides insights into the key drivers impacting its growth and identifies the primary industries and regions utilizing mobile security solutions. It also touches on key vendors and a few typical mobile security use cases.
Markets and Markets expects the global mobile security market to grow from $3.0 billion in 2023 to $7.2 billion by the end of 2024, which represents a CAGR of 19.4%.
Within the larger global mobile security market, a few specific segments are expected to make up the majority of this growth: endpoint detection and response (EDR) and cloud-based mobile security.
Apart from an overall increase in enterprise mobile device adoption, several drivers are impacting growth within the mobile security market. Leading key growth drivers include:
Increase in mobile payments
Rising security need due to increase in enterprise bring your own device (BYOD) programs
Grandview Research identifies several primary industries that benefit from mobile security investments.
The company estimates that the IT segment held the largest market share among the leading industries, holding a market share of 21.7% in 2023. Other primary industries include:
Banking, financial services, and insurance (BFSI)
Telecom
Retail
Health care
Government and defense
Manufacturing
Grandview expects the health care industry to expand at the highest CAGR over the next few years.
North America holds the highest market share among the major global mobile security market regions at 41.1%.
However, Grandview expects the Asia Pacific (APAC) region to grow at the highest CAGR over the next several years, in part because Asian countries like China, Singapore, and Japan have been investing large amounts of their federal budgets to developing national cybersecurity defenses, including mobile cybersecurity.
Grandview also identifies North America as the most significant revenue contributor to the global mobile security market.
See more: Key Cybersecurity Trends 2023
Shoring up mobile security should be a key priority for any enterprise or organization that conducts business across mobile devices. The risk of data theft and malware is significant and costly, especially when bad actors access endpoints to launch distributed denial of service (DDoS) attacks resulting in downtime. Because employee mobile access points are often unsecure, especially when employees use their own devices to access company assets, investing in mobile security is a must.
Reducing enterprise IT administration burden is another key benefit of investing in mobile security solutions. Being able to remotely access enterprise data in a safe environment is a major benefit, as is the automation of tasks like password management, which can be handled with mobile security authentication tools.
One of the most common use cases for mobile security is within MDM programs, especially for organizations with BYOD policies that allow employees to access the company network on their personal devices.
Mobile security is also an important component of data privacy regulatory compliance. In order to meet the standards laid out by various global and regional mandates, organizations need to safeguard data however it is accessed.
Other typical mobile security use cases include:
Video streaming content
Machine learning (ML) and artificial intelligence (AI)
Authentication (employee and customer-facing)
Patient monitoring
Workforce management
Electronic healthcare record (EHR) management
As an add-on to security incident and event management (SIEM) platforms
These 10 companies represent the majority of the mobile security market share.
Microsoft
CrowdStrike
Symantec
Trend Micro
Sophos
McAfee
Kaspersky
VMWare
IBM
BlackBerry
While there are many drivers and factors at play within the mobile security market, companies and enterprises adopting BYOD policies likely stand to benefit the most. While the COVID-19 pandemic may have accelerated the rate of remote work adoption, including on mobile devices, mobile device usage among employees has been steadily growing for several years.
In order to maintain the benefits of these arrangements (geographic flexibility and employee satisfaction, for example), enterprises will need to carefully consider how they are approaching mobile security. Ideal solutions safeguard enterprise data while protecting employee privacy.
See more: Best Threat Intelligence Platforms for 2023
Microsoft’s Vision Of Cloud Security
SAN FRANCISCO. When it comes to the cloud, transparency and control are the keys to security. That’s the message coming from Scott Charney, Corporate Vice-President of Microsoft’s Trustworthy Computing, during a keynote at the RSA security conference here.
“As people move to the cloud, how much transparency do they get into what is going on?” Charney remarked during his keynote.
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Charney said that in 2004 Microsoft started to implement its security software development lifecycle. The basic ideas was to have security in design, security by default and security in deployment. Charney said that Microsoft changed the way it updated systems and went to a regular patching cycle that aimed to help improve things.
One of the things that has changed since 2004 is that cyber attacks have become increasingly destructive. Charney said that in the past when data was stolen it didn’t always have an immediate impact.
“Destructive attacks like Sony are now happening and changing the conversation,” Charney said.
Charney noted that destructive attacks stop users from doing their daily business and he said that recent destructive cyber-attacks have changed the conversation in executive boardrooms.
Looking at the cloud, Charney said that there is a different type of risk with the cloud.
“As a cloud builder you love your customers, but some of your customers may be up to no good,” Charney said. “Organized crime and other bad actors can subscribe to a cloud service, so how do you protect the fabric from malicious VMs.”
Charney noted that it’s a complex challenge where organizations want to use cloud, but still be protected from the cloud since the good guys and bad guys all share the same cloud. Fundamentally, Charney said that the challenge is about risk mitigation, not risk elimination.
From a product perspective, Charney noted that Windows 10 will have the Windows Hello and Passport capabilities, which bring new biometric authentication capabilities to the desktop and secure user credentials. Microsoft is also introducing Device Guard, which is a technology to make sure only trusted apps run on a system.
“None of this is a panacea, we just want to narrow the attack surface, so you can be more intelligent about what you look for,” Charney said.
Specifically in the cloud, Microsoft Azure Key Vault will provide a cloud hosted hardware security module, and the customer lockbox for Office 365 provides enhanced customer approvals to protect user credentials. Additionally Microsoft is implementing best policies for Just in Time Administration so authorized individuals only get administrative access in a time-bounded way when needed, and will only get the access they need.
Charney said that destructive attacks have woken the market up.
“The cloud is the key, but there must be technically enforced trust boundaries with appropriate customer control and transparency,” Charney said.
Microsoft’s Scott Charney (Photo credit: Sean Michael Kerner)
Sean Michael Kerner is a senior editor at Datamation and chúng tôi Follow him on Twitter @TechJournalist
Graphic courtesy of Shutterstock.
Endpoint Security’s Role In Cloud Security
You’ll hear tech experts say that “we live in a world without perimeters.” Meaning, in a landscape based on cloud computing – with edge computing connecting countless devices – it can be difficult to pinpoint the exact technical boundary between entities. What’s “inside” a business’s area of protection when employees log on to numerous third party web-based services? Or when we’re all working – and socializing – remotely. Is work at home or is home actually the workplace?
At the core of this challenge is endpoint security. Those myriad endpoints that may or may not be secured – and which are the hallmark of a remote, cloud-based world.
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In this webinar, we’ll discuss a core question: what is the relationship between endpoint security and cloud security? How can improving one improve the other?
Jamie Zajac, VP Product Management, Carbonite
Dave Dufour, VP Engineering and Cybersecurity, Webroot
Download the podcast:
Zajac: So I think that we really have to think about how people approach the different environments. What I found is that when people are using clouds like Azure or AWS, they tend to implement more modern code, more modern practices, using Platform as a service component, using tooling that’s specific for that environment. You can use a lot of those same tools or comparable on-prem and a lot of good practices. So I think I don’t look at it as more as which one is inherently more or less secure, but I think that people need to understand the practices that they’re taking in either environment and the tools, and then make sure that they’re appropriate and up to the job that they’re trying to ask that tool to do for them.
Dufour: I completely agree that right now, cloud, potentially, is more secure depending on the infrastructure. But security’s like a shark, stops swimming, it dies. And so I think from an engineering perspective, I’d give the cyber criminal some time, and I think we’ll see some breaches in some areas.
Zajac: So I think endpoint security has benefited from the hyperscale of the cloud, that this has really allowed the transformation from signature-based files or signature-based detections to using the power of machine learning of AI, of the hyperscale clouds, to do that and to make it accessible to, fundamentally, every business and every consumer at this point.
And we’ve seen that trend over many years, and we’ve obviously seen it accelerate this year to the factors that we all are aware of. And so I think having the cloud be available and having endpoints get their intelligence from the cloud helps those devices be more protected than they could’ve been, say three or five years ago, or definitely 10 years ago.
Dufour: We have a cloud-first vision on our security because it’s just so much quicker and easier. We see a zero day. We maybe capture it on one endpoint, we’re able to update the entire base that we’re trying to protect simply by making that change up to the cloud. Now, one thing that’s interesting with the pandemic, people working from home, is we’ve seen a huge uptick in the use of endpoint security, where people maybe at home had let stuff lapse, now all of a sudden they’re that perimeter defense and the IT departments can no longer lock down the office.
Dufour: We’ve seen a massive increase in emails around getting your check from the government, “Hey, fill this out. There’s a stimulus check coming. Give us your information, we can get you that check faster.” So there’s a lot of stuff that’s really playing on COVID and people are just really having to pay attention.
Zajac: I think sometimes, people fool themselves into thinking that there’s a silver bullet, that there’s a single tool that if they buy or they implement, that they’re protected. You really gotta do a proper assessment of understanding what data do you have, where is it, who has access to it, and how are you protecting it? And I think if you really ask some of those key questions for every application that you’re running, for every server that you’re running, whether it’s a SaaS application, whether it’s on-premise, whether it’s running in a public cloud, if you know what you have, who has access to it and how you’re securing it, yeah, you’ll probably scare yourself into making some different decisions, ’cause you’ll realize that by default, you didn’t use the best practices, or by default something was wide open or more open than you wanted it to be. So I think you really start with those key questions and do a self-assessment.
Zajac: I think automation is key ’cause if you’re relying on humans, humans make errors. We talked about them being distracted, that’s really common. So the more you can automate and put into templates and make rinse and repeatable, the higher compliance you’re gonna have.
Dufour: But something that is critical that we haven’t even spoke about here, depending on the type of attack you’re experiencing, a data breach is one thing, but most places nowadays are experiencing a lot of ransomware issues simply because ransomware, people can make money. And the number one way to protect yourself there is to make sure you’ve got good back-ups. Back-up is a cornerstone to actual cybersecurity, and it’s just something that we all need to be aware of, we need to take care of.
Zajac: So my crystal ball says it’s gonna be all about the network and the web and the internet traffic. It’s not gonna be about files, it’s gonna be about someone trying to be nefarious, someone trying to trick you on a website, trying to get in via malicious traffic. I think that’s gonna be paramount. Protect your network, not just your firewall, your internal network, but inspect it and have a good solution for looking at the traffic on your endpoint devices itself.
Dufour: So I think we’ll always have some type of endpoint solution that’ll try to protect us from phishing files and things, but I completely agree with Jamie. We’ve gotta get more to a network-based security posture where we’re able to detect threats that are in transit, both file-borne, phishing-borne, but also like data extraction and things like that. The network I really think will become more and more important because it’s gonna become nearly impossible to put endpoint solution on all of the types of mobile devices, all of the IoT devices, just everything, it’s just the network is where it’s gonna be at.
Companies Using Cloud Security: Top Use Cases
Utilizing cloud computing has become more essential than ever as companies look to scale up their remote operations.
Along with the convenience and flexibility cloud tech provides comes the need to secure the cloud, especially for businesses in industries with strict regulations.
Here are some examples of how companies are working with cybersecurity providers to implement cloud security solutions:
Qlik is a software vendor that provides data visualization, executive dashboards, and self-service business intelligence (BI) to customers worldwide.
They rely on AWS cloud to accelerate their business operations and adoption of Kubernetes for containers.
But when it comes to cloud sharing, keeping customer data secure is of utmost importance.
Industry: Software
Cloud Security Product: Palo Alto Networks Prism Cloud
Outcomes:
Static container scanning and run-time protection
Accurate image-scanning results
Centralized workload monitoring
Run-time protection
Read the full Qlik and Palo Alto Networks Prism Cloud case study here.
OneLink provides management consulting, outsourcing services, and custom integration solutions for clients in Latin America.
With over 14,000 employees spread across 16 locations, OneLink’s business model requires reliable network connections and cloud infrastructure.
As they shifted the majority of their service agents into remote work, OneLink engaged in a massive deployment of virtual private networks (VPNs) to all of its employees to allow them to safely connect to the network.
“We chose FortiGSLB Cloud to improve the stability of the VPN connections of all our ‘incredibles’ working from, due to its ease of integration with our network architecture and cybersecurity,” says Alejandro Mata, director of IT operations at OneLink.
Industry: Technology
Cloud Security Products: FortiGSLB Cloud, FortiGate, and FortiAuthenticator
Outcomes:
Secure and reliable remote access to company systems and applications
Stable connection for over 3,000 remote employees
Scalable, growth-friendly solution
Read the full OneLink and FortiGSLB Cloud case study here.
Mercedes-AMG is an engineering company that contracts manufacturers and engineers to customize Mercedes-Benz AMG vehicles.
They collect a continuous stream of data from 18,000 channels from their racing cars, measuring variables from over 300 sensors, and generating 1 TB of data each race weekend.
Mercedes-AMG needed a way to protect their intellectual property and data flowing in from cars, while continuously monitoring the landscape for potential threats. However, they also wanted to eliminate the burden of having to manage a cybersecurity program in its entirety.
They selected CrowdStrike’s Falcon Complete Managed Endpoint Security as a cloud security solution.
“As a team, we generate, process and analyze significant amounts of data, very quickly — we must ensure our information systems are an enabler for performance, not a blocker. But conversely, we also need to ensure they are secure,” says Michael Taylor, IT director at Mercedes-AMG.
Industry: Motorsports and engineering
Cloud Security Product: CrowdStrike Falcon Complete Managed Endpoint Security
Outcomes:
24/7 threat-hunting support team
Access to globally sourced threat intelligence in over 20 countries
Real-time data analysis for threat detection and mitigation
Read the full Mercedes-AMG and CrowdStrike Falcon Complete case study here.
Akami is a provider of edge security, web and mobile performance, and enterprise access and video-delivery solutions and services globally.
Due to the nature of their work, Akamai’s platform processes 250,000 edge servers deployed in thousands of locations worldwide each day.
This reliance on long-distance connectivity makes cloud security and data protection a priority.
“OneTrust PreferenceChoice is run by our marketing team, and the nice thing about the tool is we have had to do very little on the legal side,” says Jim Casey, associate general counsel and chief data protection officer at Akamai.
“That’s a really powerful aspect of the tool — it doesn’t require a team of lawyers and can be used cross-functionally throughout the business.”
Industry: Technology
Cloud Security Product: OneTrust PreferenceChoice and Website Scanning
Outcomes:
Gaining customer trust
Tool and management flexibility
Direct support through implementation, scaling, and upgrading
Read the full Akamai and OneTrust PreferenceChoice case study here.
Corix is a utility and energy solutions provider.
They harness natural resources and provide sustainable water, wastewater, electricity generation, and gas distribution solutions for districts and communities in the U.S. and Canada.
Corix also stores, manages, and analyzes massive volumes of customer and business data, ranging from individual consumers and business partners to municipalities and military installations.
“It became very apparent how incredibly difficult it would be for our small team to respond to a major incident at Corix,” says Carol Vorster, CIO at Corix.
“Deploying FireEye was more cost-effective than paying for the eight separate, independent security products we had deployed at the time.”
Industry: Utility and energy
Cloud security products: FireEye Email Security Cloud Edition, FireEye Helix, and Mandiant Managed Defense
Outcomes:
Saved money by cutting personnel costs and independent products
Streamlined security operations
Increased visibility across threat vectors
Fortified security posture with Mandiant experts on call
Read the full Corix and FireEye case study here.
Defi Explodes On Cardano – And $Sponge Forecast Sees A 100X
Cardano (ADA) prices have started to slide deeper into a negative trend despite its fundamental network recording an increase in executed transactions. This has sent many investors into confusion, especially those who were backing the famed crypto. While many have started deciphering what the latest development means for Cardano’s price moving forward, others have started considering another token making headlines in the meme market SpongeBob Token ($SPONGE).
Cardano DeFi Activity Explodes – Time to Buy $SPONGE?For those who don’t know, Cardano is a next-generation evolution of the Ethereum idea, with a focus on sustainability, scalability, and interoperability. By using the proof-of-stake consensus mechanism called Ouroboros, it is more energy-efficient and secure than the likes of Bitcoin.
Cardano’s fundamental network has recorded quite a surge when it comes to executed transactions, despite the negative sentiment surrounding the market. The majority of these transactions are in Cardano DeFi apps due to two new meme tokens.
Cardano’s strong fundamentals, along with bullish on-chain data, are expected to work as catalysts for a market reversal. However, investors need to review the signs of a trend reversal and follow market dynamics to stay in the game when it comes to Cardano. On the other hand, investors might be interested in the SpongeBob Token, which has all the hallmarks of a meme coin ready to explode.
Revolutionizing the Meme Coin Market with SpongeBob TokenAlmost every 1990s kid knows who SpongeBob Square Pants is. The Sponge-basic character that lived in the fictional underwater town of Bikini Bottom has entertained children of all ages for more than a decade. But what happens when a meme coin tries to capture its popularity in 2023?
Known as the “meme coin equivalent of the Krabby Patty”, SpongeBob Token ($SPONGE) is a new meme coin on the market that is based on the famous Nickelodeon cartoon character. The project which is meant to be fun and appealing to nostalgic crypto enthusiasts, has started recording massive gains.
The $SPONGE token has already achieved a market cap of more than $12.5 million and is currently in the midst of a price surge. At a time when meme coins are struggling, whales have started picking up $SPONGE which has increased its value. Since meme coins have a tendency to explode in price, this is the right time to invest in SpongeBob Token.
SpongeBob Token Price Performance – Potential for 100x Gains?SpongeBob Token was launched back on May 4th, 2023 with a value of $0.000073. Less than a day later, $SPONGE reached $0.00004584 and reached a staggering $0.000616 by May 5th, 2023. This means that the token experienced a massive growth of 1400%.
The SpongeBob Token team decided to take a major decision that would differentiate them from most other meme projects. Instead of going for a presale like other projects, $SPONGE decided to be listed directly on Uniswap without engaging much in social media hype.
This approach worked well in spreading the news like wildfire. As a result, an increasing number of investors started flocking to the project, increasing its value exponentially.
SpongeBob Token – Community and ListingsBy taking a look at SpongeBob Token’s fundamentals, it is clear that the project is in good hands. The project has amassed an impressive 40,000 Twitter followers with more than 20,000 Telegram members. It also has a Discord server which serves as a vibrant space for its community.
With more than 3000 members on its Discord channel, SpongeBob Token has decided that all the members are eligible for airdrops. This sort of organic growth is what most businesses are after. Analysts expect those numbers to double as community engagement increases.
At the time of writing, $SPONGE is listed on major exchanges such as Bitget, chúng tôi BTCEX, Toobit, CoinW, LBank, Poloniex and MEXC Global. Several top exchanges have also kept $SPONGE on their radar.
$SPONGE Making Headlines in All Major News OutletsElon Musk also tweeted about SpongeBob Token, which has attracted a lot of mainstream attention. SpongeBob Token’s team hopes that some of the entrepreneur’s love for meme coins may rub off on their project too.
SpongeBob Token – Airdrop InformationThere are three main criteria to receive airdropped tokens.
The level of engagement on Discord (highly engaged)
The amount of $SPONGE purchased by the holder.
The amount of $SPONGE traded on Uniswap.
The scores are reset every week with the cut-off date for eligibility yet to be announced.
ConclusionCardano has been in the market for a long time and has confident investors who are ready to see through these tumultuous times. However, not every investor has the same degree of risk appetite and planning.
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