- Arkham Intelligence token ARKM price surged over 14% in the last 24 hours.
- South Korean Upbit exchange announced ARKM listing earlier today.
The crypto market is crashing miserably along with major altcoins and Bitcoin. While Bitcoin reached a bottom of $76K price range, major altcoins such as Ether, XRP, Solana, DOGE, and ADA are recording price drops. Meanwhile, very few of the cryptocurrencies such as ARKM and RAD stood out with price gains.
Arkham Intelligence token ARKM is trading at $0.5886 with a 14% price surge in the last 24 hours at press time. It is one thing to record gains and another thing to stand out with a price hike amidst a bearish market. The ARKM token stood out from the rest of the cryptocurrencies with its price surge.
While ARKM market cap also surged to $131.64 million, its 24-hour trading volume witnessed a huge spike of 473%. The increased investor interest is clearly reflected in the trading volume surge of ARKM tokens. And, the community sentiment around ARKM tokens is also bullish amidst the present broader market slump.
ARKM Token Surges Following Arkham Wallet Tracking Launch and Upbit Token Listing Announcement
Arkham Intelligence is a blockchain analytics platform that tracks on-chain data and transactions. It recently rolled out a new feature to track wallets of X users who have more than 100,000 followers. The wallets of these influencers can be tracked on Arkham under the Key Opinion Leader (KOL) label.
Arkham usually tracks and reports whenever there is a large crypto transaction from major players of the industry. With the new feature, users can track wallets of KOLs as well. Arkham Intelligence continues to offer more features to expand its services.
Another major reason behind ARKM’s price surge is its token listing announcement from Upbit. Being one of the largest crypto exchanges, Upbit listing this token pushed the ARKM price to new levels. Right after the announcement, the token price witnessed a sharp price hike and wreaked a peak of $0.705. However, it is now trading in the $0.5 range after correction.
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