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

MeNews · 2026-04-12T06:31:33+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 06:31:33

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ME News Report, April 5th (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 purchase 26.66 million SPK, at an average price of $0.0215.
The 26.66 million SPK bought back in one month is roughly 1% of SPK’s circulating supply, and their buyback plan is expected to last 12 months.
Based on this rough estimate, a one-year buyback could repurchase about 12% of the circulating SPK, approximately 320 million SPK 19283746565748.4T USD(.
(Source: PANews)

SPK-1.04%

USDS-0.05%

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