Over the past week, $SPK (Spark) has caught major attention on #Binance after rallying over 284%, reaching a new high of nearly $0.20 before correcting back to around $0.10. The surge was largely driven by whale accumulation, strong trading volume above $2.7 billion, and the launch of Spark’s Ignition Airdrop Phase 2, which incentivized staking and brought in a new wave of interest.
Meanwhile, on #BingX , the momentum around new tokens continues with the launch of the $TREE listing carnival. Unlike the speculative hype seen with $SPK, the TREE event introduces a more task based community approach allowing users to participate by trading, making deposits, or inviting friends to share in the prize pool.
It is interesting to observe how both platforms are leveraging different engagement models: Binance with token-driven airdrops like $SPK, and BingX with community reward-based listing campaigns like $TREE. Each provides its own angle on user acquisition and trader incentives in today’s competitive exchange space.