SPK surged 73% after Upbit confirmed its listing on the KRW market, opening access to South Korea's active retail investors. The listing on one of the country's largest crypto exchanges provided a significant catalyst for the token's price movement. Concurrently, Spark announced that 509.9 million SPK tokens are now staked, reinforcing the narrative of increased token lockup.
The token's trading volume soared to $895.67 million in 24 hours, with its market capitalization reaching $127.67 million. Despite a slight pullback, SPK remains up 35.45% from its recent high, trading near $0.049. The rally was further supported by large deposits and staking rewards, with notable figures like F2Pool co-founder Wang Chun expressing regret over selling his SPK holdings as the token gains momentum.
SPK Jumps 73% Following Upbit KRW Listing and Major Staking Milestone
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