In the past 24 hours, the price of Spark Token ($SPK) has surged from below 0.07 USDT to a peak of around 0.116 USDT, an increase of over 70%. Such volatility is uncommon during regular times, and it is actually the result of several factors coming together.

In simple terms, the ongoing second phase of the 'Ignite Airdrop' has attracted a lot of attention, and many people, fearing they might miss the opportunity, have jumped in, directly pushing up the buying volume. At the same time, the project team has launched the 'Super Speed Staking' event, encouraging users to lock up tokens to earn profits, which has temporarily reduced the amount of tokens available for circulation. With many buyers and fewer tokens for sale, prices naturally tend to rise.

Additionally, on-chain data shows that some large holders have been accumulating before the price increase. This kind of 'smart money' action is often noticed by the market, attracting more follow-on capital. Moreover, with $SPK recently listed on top exchanges like Binance, liquidity and exposure have significantly increased, drawing more capital to pay attention to it.

The result of these combined factors is that trading volume surged to 2.7 billion tokens within 24 hours, exceeding 240 million USD, and the market has entered a high-volatility state.

However, it is important to remind everyone that such a price increase driven by expectations of airdrops, locking mechanisms, and short-term sentiment can also be very volatile. If you are paying attention only because you see the price rising, you must be clear about the logic behind your participation: are you betting on short-term hype, or focusing on long-term value? Especially pay attention to the timing of these events and manage your risks well.

Stay calm in the excitement, know why you are entering the market, and also think about when to exit. #SPKListing