Arkham (ARKM), a blockchain analysis platform leveraging artificial intelligence (AI) to deanonymize blockchain and on-chain data, has been the story of the day in the crypto space.
With its unique blend of analytics and a decentralized marketplace for crypto intelligence, Arkham is poised to revolutionize the way we understand and interact with blockchain data.
What you'll learn 👉
ARKM Token: The Heart of Arkham
The maximum supply of Arkham (ARKM) is capped at 100,000,000 tokens with an inflationary emission rate since genesis. The supply of Arkham (ARKM) is expected to be fully vested by December 30, 2023. ARKM tokens can be traded on centralized crypto exchanges like Binance and decentralized exchanges like Uniswap V3.
The fully diluted valuation (FDV) of Arkham (ARKM) is $687,477,987, assuming the maximum number of 1 billion ARKM tokens are in circulation today. The all-time high price for Arkham (ARKM) is $0.797613, recorded on July 18, 2023. However, the price did see a decline of ~11% since the launch, so the token is currently trading at $0.68.
Arkham’s native token (ARKM) debuted at $0.75 with a $113 million market cap after being issued to beta testers and Binance launchpad participants. Initially sold for $0.05 on the Binance launchpad, the token has seen a significant increase in value. The token’s launch saw users lock up a total of $2.4 billion in the launchpad to secure a better chance of receiving the full allocation.
Can ARKM Reach $1?
Given the total supply of Arkham tokens is 1 billion coins, for the price of ARKM to reach a theoretical price of $1, the total market capitalization of this coin would have to be $1 billion. This figure is higher than the market cap of Pepe and around 4 times the market cap of Shiba Inu. So, from that angle, it does sound like a difficult task, at least in the near future.
Tired of missing hot new listings because your favorite exchange is banned in the US? 🇺🇸
With RocketXchange you can finally trade on Kucoin, ByBit and more without registration or KYC! 🙌
Simply connect your wallet to access every coin. No VPN needed.
Seamlessly bridge between EVM, Solana, Cosmos and 100+ chains. Discover the next crypto gem with low fees.
Take your trading to the next level with:
- Instant access to banned CEXs 🚫
- No KYC required 🙅♂️
- Trade on your terms – no registration required
- Maintain full custody – tokens stay in your wallet
- Access liquidity across leading DEXs and CEXs
- Bridge assets quickly between any blockchain
Escape CEX limits today with RocketXchange!
Show more +However, predicting the future price of Arkham Token or any cryptocurrency is extremely difficult as token prices are affected by known and unknown and unpredictable factors including macro crypto market conditions, technological landscape, regulatory environment and changes, and more.
The Future of Arkham
Arkham offers multichain support for a wide range of blockchains including Arbitrum, Avalanche, BNB Chain, Ethereum, Optimism, Polygon and Tron2. The Arkham platform showcases interesting features such as cross-chain portfolio aggregation which enables users to view data on helo tokens across chains in a single portfolio format2.
As the crypto market continues to evolve, platforms like Arkham that provide comprehensive blockchain analysis and a marketplace for crypto intelligence will likely play a significant role in shaping the future of the industry.
Arkham: Unmasking the Blockchain
Arkham’s platform is divided into two main components: the Analytics Platform and the Intel Exchange. These platforms provide comprehensive analytics on various entities, exchanges, funds, whales, and tokens. Arkham’s proprietary AI system, ULTRA, collects and aggregates data from various chains, aiming to provide total coverage of the blockchain.
The Arkham Intel Exchange operates as a decentralized marketplace where users can buy and sell crypto intelligence using the native currency, ARKM. This unique feature has attracted prominent investors in the crypto space, with Arkham raising over $10 million in equity financing and achieving a valuation of $150 million in its last round.
Conclusion
Arkham (ARKM) has shown significant potential as a blockchain analysis platform and as a cryptocurrency. With its unique features and strong backing, it’s a token to watch in the crypto space.
Whether it will reach the $1 mark remains to be seen, but the journey will undoubtedly be an exciting one!
CaptainAltcoin's writers and guest post authors may or may not have a vested interest in any of the mentioned projects and businesses. None of the content on CaptainAltcoin is investment advice nor is it a replacement for advice from a certified financial planner. The views expressed in this article are those of the author and do not necessarily reflect the official policy or position of CaptainAltcoin.com
