SPK Token Surges 465% After Major Airdrop and Binance Debut, Trading Volume Soars

SPK (Spark) experienced significant price volatility in the past 24 hours, primarily driven by its June 17, 2025, airdrop and initial exchange listings. The token debuted on Binance and other major platforms, with approximately 300 million SPK distributed to early users and 200 million SPK allocated to BNB stakers via Simple Earn. This influx of supply led to heightened sell pressure, contributing to a sharp price correction from an intraday high of $0.1774 to the current Binance price of $0.056556, representing a 465.56% increase from the 24-hour open of $0.010000. High trading volumes and increased market participation followed the airdrop, with SPK now trading just under $0.06 and ranking among the top 800 cryptocurrencies by market cap. The token is supported on both BNB Chain and Ethereum, and ongoing derivatives launches on major exchanges continue to drive market activity and liquidity.