Breaking news! @sparkdotfi's SPK is now on Coinbase, proving that truly good projects have a smooth path to exchanges.
Currently, the exchanges that haven't listed it are probably only the Korean exchange — UP. By the way, Bithumb has already listed it, so it's only a matter of time before it goes on UP.
However, based on the current coin price market value, @sparkdotfi's$SPK The current coin price is around 0.055, with a circulation of about 823 million, but the market value is only 46 million.
It's worth noting that @ethena_labs, which is one rank lower than it, even though$ENA the coin price has dropped from a high of 1.5 to around 0.3, still has a market value of 1700 million, nearly 37 times that of @sparkdotfi!!! What does this concept mean!
Even though @ethena_labs chose a good timing for its coin issuance, the gap with @sparkdotfi is astonishing! Is ENA overvalued? Or is SPK undervalued? Teachers, please share your thoughts.
Analysis: Due to the selling pressure from the initial airdrop, $SPK is still in a severely undervalued stage. Once the airdrop is fully distributed and the price stabilizes, the potential for takeoff is very high!
