⚡️SPK
Analysis of SPK Coin After Launch
🟢 Opening Price: $0.01
🌟 Peak: 0.069$ (+590%)
✅ Current Price: 0.056$ (+460% from Initial Price)
Reasons for Sharp Volatility:
Institutional Selling Pressure: Large investors ("whales") selling for quick profits after launch.
Airdrop Distribution: 35% of coins were distributed for free, reducing demand after the initial hours.
Weak Fundamentals: The project is still in development stage without a real product (Source: Santiment).
Near-term Expectations:
Strong Support: 0.048$ (If broken, it could drop to $0.03).
Recovery Resistance: 0.065$ (Requires a 40% increase in trading volumes).
Warning: 90% of new coins lose 60-80% of their value within a month
