Binance has announced the inclusion of the Spark (SPK) token in its HODLer Airdrop program. The SPK listing is scheduled for June 17 at 5:00 PM ET. Participants who subscribed to fixed-yield products in BNB between June 10 and 14 will receive a retroactive airdrop, with 200 million SPK to be distributed among them.
Airdrop Conditions and Listing Details
SPK is the 23rd project to be included in the HODLer Airdrop initiative. Users who invested BNB in fixed-yield products or on-chain solutions between 8:00 AM on June 10 and 7:59 AM on June 14 (ET) will automatically be eligible to receive the token distribution. The total airdrop amount will be 2% of the total supply, or 200 million SPK.
SPK will be available for trading on Binance Spot in five pairs: SPK/USDT, SPK/USDC, SPK/BNB, SPK/FDUSD, and SPK/TRY. Deposits will open one hour after the listing. Before trading begins, the token will appear in the Binance Alpha interface but will be removed once it launches on spot.
Tokenomics and Smart Contract Addresses
The total supply of Spark is 10 billion tokens. At the time of listing, 1.7 billion SPK (17% of the maximum supply) will be in circulation. Binance has allocated 50 million SPK for marketing activities. There is no listing fee.
The SPK contracts are deployed on two networks:
- BNB Chain: 0xAfF2e841851700D1Fc101995Ee6b81Ae21Bb87D7
- Ethereum: 0xc20059e0317DE91738d13af027DfC4a50781b066
A research report on the project is expected to be published within 48 hours of the announcement.
Market Reaction
According to CoinMarketCap, at the time of writing, SPK is trading at $0.059. The token's market capitalization stands at $100 million. The 24-hour trading volume is $61.45 million and remains stable, though the SPK price has dropped by 53%.
