SPK Token Soars 473% After Binance Listing, 500M Airdrop, and Perpetual Futures Launch

SPK (Spark) experienced significant price volatility in the past 24 hours, with the price surging from a 24-hour open of 0.010000 USDT to a current price of 0.057345 USDT, representing a 473.45% increase. This dramatic price movement is primarily attributed to the official listing of SPK on Binance on June 17, 2025, which introduced multiple trading pairs and increased market access, alongside the launch of SPK perpetual futures contracts with up to 75x leverage. Additionally, large-scale airdrops totaling 500 million SPK tokens to early users and BNB stakers contributed to heightened trading activity and liquidity, while a notable liquidity pool misconfiguration led to a temporary price spike and arbitrage opportunities, further intensifying volatility.

Currently, SPK is trading at 0.057345 USDT on Binance with elevated trading volumes and active participation across spot and derivatives markets, reflecting strong initial demand and dynamic market conditions following its major exchange debut and token distribution events.