Here's everything you need to know about SPK Coin:
*Current Price and Market Status*
- Current price: $0.0360152 (down 0.85% in the last 24 hours)
- Market capitalization: $33,758,951 (ranked #870)
- 24-hour trading volume: $38,523,511
- Circulating supply: 894 million
- Maximum supply: 1 billion
*Key Features and Developments*
- *Decentralized AI Network*: Spark Protocol's native token, SPK, is part of a decentralized AI network developed by SaharaLabsAI.
- *Recent Price Movement*: SPK has rebounded 25% from its yearly low, climbing to $0.045 on June 30, its highest level since June 24.
- *Total Value Locked (TVL)*: Spark's TVL is nearing an all-time high, boosting sentiment that the token may be mispriced ¹ ².
*Price Predictions*
- *Short-term*: SPK is predicted to increase by 25.98% over the next month, reaching $0.029668 by August 2, 2025.
- *Long-term*: SPK price could reach $0.105268 by 2029, offering a potential return from today's price. By 2035, Spark (SPK) price could reach $0.1224, offering a potential +230.00% return .
*Technical Analysis and Market Sentiment*
- *Bullish Setup*: SPK's price action has formed a bullish W pattern, with the neckline at the 50% Fibonacci retracement level ($0.050).
- *Market Sentiment*: The current SPX6900 sentiment is bullish according to technical analysis, with 21 indicators showing bullish signals and 4 indicating bearish signals .
*Other Important Details*
- *Airdrop and Supply Dynamics*: The recent price plunge followed the Ignition airdrop, with market concerns over future supply unlocks.
- *Exchange Listings*: SPK is listed on major cryptocurrency exchanges, including Binance, OKX, and Bybit .