Spark Crypto Price Analysis: Here’s Why SPK Has Crashed
The Spark crypto price has suffered a significant reversal, erasing millions of dollars in value over the last few days. It plunged to $0.1065 on Friday, down by over 43% from its highest point during the week. This plunge has brought its valuation to $113 million.
Why Spark Crypto Price Has Crashed
SPK crypto price has crashed as BanklessTimes predicted here. There are three main reasons for the plunge. First, the token is crashing because of profit-taking among investors. It is common for a cryptocurrency or any other asset to pull back after going parabolic in a short period.
In Spark’s case, the decline happened after it surged to a high of $0.1896, up by over 540% from its lowest level…
