What does Arkham Coin (ARKM) promise in the ever-evolving and complex crypto world? On the other hand, is it emerging as a breakthrough technology with the potential to revolutionize the industry? So what exactly is Arkham Coin and how can it add value to the crypto world?
What is Arkham Coin?
Arkham Coin is a blockchain analytics platform that leverages artificial intelligence (AI) to anonymize data on the blockchain and on-chain. What does Arkham do, consisting of the Analytics Platform and Intel Exchange? It offers comprehensive analysis of assets, exchanges, funds, whales and tokens.
In addition, Intel Exchange allows users to exchange address tags and valuable information through prizes, auctions or the DATA Program.
Arkham’s Unique Features
Arkham Coin (ARKM) distinguishes itself from others with three different features. First, Total Coverage and Multi-Chain Integration provides comprehensive analytics across various cryptocurrencies and blockchains, transcending platforms limited by specific data sources. Powered by the ArkhamULTRA AI system. Accordingly, it offers users valuable insights and a comprehensive view of the crypto ecosystem.
Second, Asset-Based Intelligence connects real-world contacts with crypto addresses. Thus, cryptocurrency facilitates the measurement of network activity. This unique feature allows users to gain a deeper understanding of blockchain transactions and their participants.
Finally, Arkham’s Decentralized Intelligence Economy allows users to trade information about cryptocurrency activity using the local currency ARKM. Through Arkham Intel Exchange, users can participate in a decentralized marketplace for valuable crypto information.
Founders of Arkham Coin
Miguel Morel, an experienced entrepreneur in the cryptocurrency markets, founded Arkham Intelligence in 2020. Arkham has also received support from leading investors including OpenAI co-founder, Palantir co-founder Joe Lonsdale, Tim Draper, Wintermute, GSR and Geoff Lewis. This support from industry leaders further solidifies Arkham’s position in the crypto space.
Arkham Coin supply and distribution
ARKM has a total supply of 1,000,000,000 tokens. Accordingly, 15% of the initial circulating supply comes from the Binance Launchpad sale and community rewards. Arkham Coin is the 32nd Project launched on Binance Launchpad. Its trade started as of July 18, 2023.
A major hurdle came during the first 5 minutes of trading time. A maximum trade price has been applied, preventing orders above 10 times the pre-sale price of $0.05. Remarkably, the ARKM Arkham Coin price remained above the ceiling, trading at $0.5. It quickly recovered to reach $0.89 after the ceiling restriction was lifted. Pre-sales buyers saw a staggering 17-fold increase in value.
Arkham Coin soars: Ranking and impressive trading volume
As of our news time, Arkham Coin is currently trading at $0.70. On the other hand, it ranks 241st in the crypto currency ranking. The launch of the project on Binance was exciting. It generated significant market interest with an impressive $70 million in trading volume recorded in a short period of time.
Arkham Intelligence, a leading blockchain analytics firm, experienced a notable increase in the transaction price of its native token ARKM, reaching $0.7. This increase has increased Arkham Coin ARKM’s market cap to an impressive $115 million. Originally sold for $0.05 on Binance launchpad, ARKM’s value skyrocketed, offering lucrative returns to early investors.
Mixed reactions and ethical concerns surround ARKM Token launch
The success of Arkham Coin ARKM has caught the attention of the crypto community. But it also sparked mixed reactions and ethical debates. Some investors have expressed concern about the ethical implications of encouraging individuals to compromise on privacy, given Arkham Intelligence’s focus on blockchain analytics. Critics argue that such practices contradict the fundamental principles of cryptocurrencies.
In addition to ethical concerns, Arkham Intelligence has come under criticism for mishandling an affiliate campaign that exposed personal email addresses. This oversight raised questions about the data protection and security measures implemented by the company. These problems have caused reputation damage. It has also intensified the ongoing debate about Arkham Intelligence.
Overcoming challenges: ARKM and the Future of Arkham Intelligence
As Arkham Intelligence grapples with controversy and polarized investor backlash, the future of ARKM and the company remains uncertain. On the other hand, the value of the token continues to rise. However, ethical concerns and privacy disruptions tarnished the firm’s reputation. According to this cryptocoin.com It will be interesting to see how Arkham Intelligence addresses these challenges and shapes its future trajectory.
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