A fork of Rural Dictionary
Balloon SpongeBob is a static PNG of, you guessed it, a Spongebob balloon. It originates from a series of memes on the internet which consists of putting music (Either scary or funny, depending on the video) on top of a video of the same Spongebob balloon floating around with no human in sight.
The Balloon SpongeBob is watching me.
Spongebob Balloon walks in a store and also very scary11!!11!
Person 1: omg did you see that spongebob balloon meme??!! Person 2: yes it's very creepy!!!!!!!111