On March 11 Beijing time, a mainstream trading platform in a certain region announced the launch of the ARKM/KRW trading pair. The ARKM price surged more than 50% in a short period, reaching a high of $0.79, but has since retraced.
According to the market data from Gate.io, ARKM is currently priced at $0.578, with a 24-hour increase of 14.26% and a trading volume of nearly $30 million in the past 24 hours. ARKM has a circulating market value of $129 million and is ranked 265th in the overall market. ARKM reached a historical high of $4 at the beginning of 2024, and the current price has dropped by about 85% from the historical high.
Arkham is a cryptocurrency intelligence analysis platform designed to atically analyze and de-anonymize blockchain transactions. It links blockchain addresses to real-world entities using an AI algorithm engine called Ultra, revealing individuals and companies behind blockchain activities, and providing data and analysis on their behavior. Arkham aims to make the crypto market more transparent, efficient, and fair by generating large-scale intelligence.
Arkham also introduces a token , allowing users to submit bounties in Arkham (ARKM) tokens through the Arkham Intel Exchange trading market to find the on-chain data intelligence they want, such as tracing the identity of a wallet address user, etc. Chain data analysts with self-perceived important content can also sell this information through this platform for interested users to bid on. The purchased data will be exclusively owned by the buyer for up to 90 days and will be made public to the public after the deadline.
In addition, Arkham recently announced partnerships with multiple Web3 A security company and an investment institution have reached a cooperation agreement to apply AI data analysis tools to on-chain monitoring, anti-money laundering, and other areas, further consolidating their position in the blockchain security industry. At the same time, the team has announced a new token burning mechanism, which will regularly burn ARKM based on platform revenue in the future to enhance token scarcity. Exchanges such as Gate.io have responded to support related on-chain operations.
As a leading global exchange, Gate.io is one of the important trading markets for ARKM: supporting ARKM/USDT spot and contract trading; Gate.io’s ARKM holdings are active during the Asian session, complementing the European and American markets; At the same time, Gate.io provides ARKM regular financial services with an annualized rate of about 87% today, attracting long-term holders.
ARKM’s performance on Gate.io is closely related to its ecological development. In the short term, attention needs to be paid to the breakthrough of the $0.60 key resistance level, while the medium and long term depend on the actual application landing of Arkham AI and user growth. Investors can flexibly arrange on Gate.io based on platform dynamics (such as Intel Exchange trading volume) and market sentiment.
Risk Warning: Cryptocurrency is highly volatile, it is recommended to control positions and set stop-loss orders.