Spark has launched its third month of SPK buybacks, allocating 326,900 USDS to its repurchase wallet. Over the past two months, the project spent 986,000 USDS to repurchase 41.372 million SPK tokens at an average price of $0.0238. With altcoins under observation gaining attention, Spark’s ongoing buyback strategy could impact the Fear & Greed Index among market participants.
Odaily Planet Daily reports, according to on-chain analyst Yujin, Spark transferred 326,900 USDS to its buyback wallet and initiated the third-month SPK buyback six hours ago.
Over the past two months, Spark has spent a total of 986,000 USDS to repurchase 41.372 million SPK at an average repurchase price of $0.0238.