To SquarePants or Not to SquarePants

Squarepants: All of SpongeBob’s square pants have shrunk in the dryer. When he goes to the store to buy some more, he finds that the store is all out of square pants! With no other choice, SpongeBob decides to try a new look-round pants! But now, no one seems to recognize him. Is this the end of SpongeBob SquarePants, and the beginning of SpongeBob…RoundPants?