SPK Price Surges After Upbit KRW Listing and 500M Tokens Staked
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Upbit confirmed a KRW listing for SPK, triggering a 73% 24‑hour rally to about $0.049 (still +35.45% after pullback); 24‑hour spot volume ≈ $895.67M and market cap ≈ $127.67M — CEX listing driving adoption and liquidity. Spark reports 509.9M SPK staked (token lockup narrative); insider Wang Chun sold 83.7M SPK for 663 ETH and $1.4M then regretted it — strong staking and trading momentum but notable concentration/insider sell pressure in the token economy (crypto, staking, listing, market impact).
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- SPK surges 73% after Upbit confirms KRW listing for South Korea’s active retail market.
- Spark says 509.9 million SPK is staked, reinforcing the token lockup narrative.
- Wang Chun says he sold 83.7 million SPK for 663 ETH and $1.4 million, then regretted it.
SPK surged after Upbit confirmed a KRW market listing for the token. The move came as Spark said more than 500 million SPK are now staked, while fresh attention around major platform deposits added to the strong rally.
Spark’s native token rose as much as 73% in the past 24 hours. It briefly ranked among the market’s top gainers. As of press time, SPK is trading near $0.049. Even after pulling back from its recent high, the token remained up 35.45%.
Trading volume also jumped during the move. The token posted about $895.67 million in 24-hour spot volume. Its market capitalization stood at $127.67 million…
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