Spark has initiated the second month of its SPK token buyback program by transferring $414,000 USDS to the designated buyback address, as reported by on-chain analyst Ember. In the first month, Spark spent $572,000 USDS to repurchase 26.66 million SPK tokens at an average price of $0.0215, accounting for approximately 1% of the current circulating supply. If the buyback continues at this rate, the annual cumulative buyback could reach 12% of the circulating supply.
Spark Commences Second Month of SPK Buyback with $414,000 USDS
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