#SparkBinanceHODLerAirdrop

#SparkBinanceHODLerAirdrop

Spark (SPK) is the 23rd project on Binance's HODLer Airdrops program, which rewards BNB holders with Spark coins. Here's what you need to know ¹ ²:

What is Spark?: Spark is a decentralized finance (DeFi) protocol that optimizes risk-adjusted returns for stablecoin holders. It operates as an on-chain capital allocator, deploying over $3.97 billion in liquidity across networks like Ethereum, Arbitrum, and Optimism.

Airdrop Details: To be eligible for the airdrop, users had to lock BNB in Binance Simple Earn from June 10 to June 13, 2025. The airdrop distributed 200 million SPK tokens, equivalent to 2% of the total coin supply.

Token Listing: SPK started trading on Binance's spot market on June 17, 2025, with pairs like USDT, BNB, and USDC. The token has a "seed" label, indicating a relatively new project with higher risk.

Tokenomics: The total supply of SPK is 10 billion tokens, with a circulating supply of 1.7 billion tokens (17% of total supply). The token is used for governance, staking, and reward distribution within the Spark ecosystem.

Current Price: After the airdrop, the SPK token price plummeted 54% to $0.05767, with a market capitalization of $98 million. Analysts attribute the drop to airdrop farmers selling their tokens instantly after claiming them ³.

If you're interested in buying SPK tokens, you can trade them on exchanges like Binance.