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

2026-04-05 18:22:13

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ME News message, on April 5 (UTC+8), according to on-chain analyst Yu Jin’s monitoring, Spark completed its first month’s token buyback half an hour ago, spending 571,957 USDS to purchase 26.66 million SPK tokens at an average price of 0.0215 USD. Over the course of one month, the 26.66 million SPK bought back is roughly 1% of SPK’s circulating supply, and their buyback plan is expected to continue for 12 months. Based on this figure, a rough estimate suggests that over the course of one year, the buyback would be able to repurchase 12% of the circulating supply of SPK—about 320 million SPK (6.86 million USD). (Source: PANews)

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