SPK listed today. No dump, no flash panic, no fake wick. The first candle shows a spread from $0.01 to $0.15, but that’s just the listing mechanic. Real trading started around $0.06 and has held steady since. No collapse, no mass exit, just volume rotation. Market cap sits at $48M, FDV at $605M, giving a cap-to-FDV ratio of 0.08. Circulating supply is 794M out of 10B. Over $150M in volume across 15+ exchanges, with Binance alone contributing more than $78M. This isn’t a farm-and-dump story, and it’s not illiquid either. Early net flow shows around -19M SPK, but that’s not retail panic, that’s early-cycle redistribution. Large sellers exited, smaller bids filled the book. RSI dropped below 30, MACD is flat, volume remains. The parabola’s gone, but price didn’t collapse. Either it builds here, or it sleeps. Either way, the tape didn’t blink. Not about gains, just about survival. SPK arrived and didn’t vanish. That’s something.
If you haven’t sold yet, it might be worth buying a little more, just as an experiment. See how far it can push over the next few days. The signs are promising, but only with money you can afford to lose.
