SPK declined roughly

↘6%

over the past 24 hours while trading activity dropped roughly

↘72%

over the past week.

Price and activity both decline

The asset trades approximately 90% below its all-time high while selling pressure remained elevated over the past 24 hours, with roughly 2.3 times more sellers than buyers.

Trading participation drops sharply

The number of unique traders declined roughly

↘45%

over the past 24 hours while trading volume fell roughly

↘72%

over the past week.

Derivatives market shows modest positioning

The current funding rate stands at approximately 0.01% (around 11% annualized), indicating modest costs for maintaining positions.

Limited supply currently circulating

Only roughly 31% of the maximum supply is currently circulating, with approximately 69% of tokens yet to enter the market.