Spark completed its first-month token buyback half an hour ago, spending 571,957 USDS to purchase 26.66 million SPK.

MeNews · 2026-04-12T04:47:33+00:00

According to on-chain analyst Ember's monitoring, Spark completed its first token buyback on April 5th, spending 571,957 USDS to purchase 26.66 million SPK tokens, at an average price of $0.0215. It is expected to buy back approximately 12% of the circulating supply over the next 12 months.

MeNews

2026-04-12 04:47:33

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ME News, April 5 (UTC+8). According to on-chain analyst Yu Jin’s monitoring, Spark completed its first-month token buyback half an hour ago, spending 571,957 USDS to buy 26.66 million SPK at an average price of $0.0215.

Over the course of one month, the 26.66 million SPK repurchased is roughly 1% of SPK’s circulating supply, and their buyback plan is expected to continue for 12 months.

Based on this rough figure, by the end of a year, the buyback could repurchase SPK representing 12% of the circulating supply—about 320 million SPK (686 万 dollars ). (Source: PANews)

SPK-1.04%

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