SPK is now 0.023u—up almost 30% in one day.
A few days ago it just kept going nowhere. On August 17 it was 0.0143u, and on the 20th it was still 0.0143u. Today it shot up with a single candle.
This project is MakerDAO’s own baby—it's a lending platform in the Sky ecosystem.
For example: Sky is like the central bank that issues stablecoins. It’s the commercial bank that takes those funds out to lend, brings them back, and earns the interest spread.
The most eye-catching part is this number.
The assets it manages are in the billions of dollars. Real-world assets alone are over 3.8 billion.
Its own coin’s market cap is 73.1 million.
One more thing worth mentioning: this coin hasn’t done any public offering. It was distributed entirely via airdrops, and there’s no private placement on its head that unlocks and then dumps relentlessly.
Back in June last year, during a rally on some exchange, it hit a high of 0.184u. Now it’s 0.023u—still stuck in the 87% drawdown zone.
I’m bullish. First watch 0.03. Break through it, then look at 0.04. On the downside, 0.017 is the starting point of today’s move—if it breaks, that’s basically the end of it.
With a big tree behind it, once the DeFi sector warms up, this kind of fundamentals-heavy ticket bounces faster than anyone. #SPK#spk $SPK
A few days ago it just kept going nowhere. On August 17 it was 0.0143u, and on the 20th it was still 0.0143u. Today it shot up with a single candle.
This project is MakerDAO’s own baby—it's a lending platform in the Sky ecosystem.
For example: Sky is like the central bank that issues stablecoins. It’s the commercial bank that takes those funds out to lend, brings them back, and earns the interest spread.
The most eye-catching part is this number.
The assets it manages are in the billions of dollars. Real-world assets alone are over 3.8 billion.
Its own coin’s market cap is 73.1 million.
One more thing worth mentioning: this coin hasn’t done any public offering. It was distributed entirely via airdrops, and there’s no private placement on its head that unlocks and then dumps relentlessly.
Back in June last year, during a rally on some exchange, it hit a high of 0.184u. Now it’s 0.023u—still stuck in the 87% drawdown zone.
I’m bullish. First watch 0.03. Break through it, then look at 0.04. On the downside, 0.017 is the starting point of today’s move—if it breaks, that’s basically the end of it.
With a big tree behind it, once the DeFi sector warms up, this kind of fundamentals-heavy ticket bounces faster than anyone. #SPK#spk $SPK
