Recent rise and volatility: $SPK
now trades near $0.14–0.16 USD (daily high ~$0.178), with an increase of +90% in 24h and +330% in 7 days. There have also been giant volume spikes ($2–2.5 billion daily).
Institutional and whale accumulation: Recent data shows that large addresses (whales) increased their holdings by 57% since June 23, and the use of self-custody suggests fewer tokens on exchanges, which could enhance price stability.
Technical interest: According to analysis, SPK has formed a "cup-and-handle" pattern and although it has already reached high levels ($0.1017 and up to $0.188), it could see pullbacks to $0.066 during consolidation before a new rise.
now trades near $0.14–0.16 USD (daily high ~$0.178), with an increase of +90% in 24h and +330% in 7 days. There have also been giant volume spikes ($2–2.5 billion daily).
Institutional and whale accumulation: Recent data shows that large addresses (whales) increased their holdings by 57% since June 23, and the use of self-custody suggests fewer tokens on exchanges, which could enhance price stability.
Technical interest: According to analysis, SPK has formed a "cup-and-handle" pattern and although it has already reached high levels ($0.1017 and up to $0.188), it could see pullbacks to $0.066 during consolidation before a new rise.