SPK Token Surges 26% on Binance as Trading Volume Tops $100M Amid Bullish Momentum
SPKUSDT experienced a significant 26.35% price increase over the past 24 hours, rising from 0.039523 to 0.049936 USDT on Binance. This surge is attributed to strong trading momentum following a recent breakout above key technical levels, with spot and futures trading volumes exceeding $100 million and 100 million SPK. The price rally follows heightened volatility and a bullish reversal attempt observed over the weekend, supported by technical indicators remaining above major moving averages and increased support levels. No new protocol updates or partnerships were reported in the past week, suggesting that the price movement is primarily driven by market activity and technical factors rather than fundamental news.
Currently, SPKUSDT is trading at 0.049936 USDT on Binance, with robust 24-hour trading volume and a market cap estimated between $37.59 million and $50.38 million, reflecting a 15.05% weekly gain and continued active participation across major exchanges.