SPK Token Soars 451% on Launch: Massive Airdrop, Binance Listing, and Perpetuals Ignite Trading Frenzy

SPK (Spark) launched on June 17, 2025, with significant market activity driven by a large-scale airdrop and immediate listings on major exchanges. The dramatic 451.24% 24-hour price increase, with SPK rising from a 0.010000 USDT open to a current price of 0.055124 USDT on Binance, is primarily attributed to the combined impact of a 200–300 million token airdrop to early users and BNB stakers, heightened trading interest following its debut, and the introduction of perpetual contracts with up to 75x leverage. The initial surge in trading volume was fueled by airdrop recipients selling tokens, which led to sharp volatility and a rapid price correction from reported intraday highs. Despite this volatility, SPK ended its first day as one of the top 800 cryptocurrencies by market cap, with robust trading volumes and continued ecosystem engagement reflected in high transaction counts and user activity.