$SPK 💥Expected to become the next undervalued potential coin like AAVE
It is a decentralized lending platform built on the MKR architecture, with inherent traffic and cash flow, belonging to a natural traffic narrative and fundamental resonance project.
Current market capitalization is 116 million USD, but locked funds amount to 8.133 billion, and it has been continuously profitable since its launch. There is a possibility of introducing protocol revenue buybacks and token burn mechanisms in the future, further raising the price.
In comparison, the big brother $MKR - with a market cap of 1.8 billion and a TVL (Total Value Locked) of only 5.6 billion, SPK's current valuation is clearly severely underestimated. Based on the TVL to market cap ratio, there is a potential upside of up to 18 times!
Short selling chips are basically cleared, the bottom consolidation is sufficient, and it is currently in the early stages of a main upward wave, suitable for gradual low purchases and positioning for a medium-term market.
🔥At the same time, the bull market altcoin rotation has begun, and several new coins have started to stabilize and rebound:
$SAHARA: Daily chart shows stabilization, with significant capital entering
$NEWT : Bottom consolidation is sufficient, expected to welcome a breakout trend
Operating suggestion: Prioritize ambushing undervalued projects with clear signs of main force accumulation, waiting for a structural rotation outbreak.
Continue to pay attention to: CTK RESOLV C HOME FIDA UMA
