The "Spongebob Floating / Kanye West - Wolves" meme combines a clip from SpongeBob SquarePants with the song "Wolves" by Kanye West. The scene shows SpongeBob floating on his back, which is paired with the melancholy and atmospheric tone of "Wolves." This meme typically conveys feelings of sadness, introspection, or existential angst. It's used to depict moments when someone is feeling emotionally overwhelmed or reflective. The juxtaposition of SpongeBob's carefree floating with the serious mood of the song creates a humorous yet poignant effect, resonating with audiences experiencing similar emotions.