SPK Token Surges 450% After Major Airdrop and Dual Exchange Listings, Trading Volume Soars

SPKUSDT experienced significant price volatility following its official launch and major airdrop on June 17, 2025. The initial price surge, reflected by a 450.51% 24-hour increase on Binance (current price: $0.055051, 24h open: $0.010000), was primarily driven by strong demand after major exchange listings, including both Binance and Coinbase, and heightened trading activity from airdrop recipients. The subsequent price swings and rapid correction were attributed to profit-taking by early recipients of the 300 million SPK airdrop, a common trend seen in new token launches. Despite this volatility, SPK maintained high trading volumes and ranked among the top 800 cryptocurrencies by market capitalization, with a circulating supply of approximately 826.4 million SPK and a maximum supply of 10 billion SPK. Overall, SPK is currently trading at $0.055051 on Binance, with elevated trading volumes and notable short-term volatility as the market digests the impact of the airdrop and new listings.