Arkham (ARKM) is a cryptocurrency that powers the Arkham Intel Platform, a blockchain intelligence system designed to deanonymize and analyze on-chain transactions. This guide explores its real-time price data, utility, investment potential, and practical usage.
Current Market Performance
As of the latest data, Arkham trades at approximately $0.4791**, with a 24-hour trading volume exceeding $81,000. The token has shown positive momentum, recording a +7.39% price increase in the past day and an +8.37% rise over the previous week. With a circulating supply of 225,100,000 ARKM tokens, its market capitalization stands near $102.74 million**, ranking it within the top 210 cryptocurrencies globally.
Price volatility remains a key characteristic, influenced by market sentiment, adoption rates, and broader crypto trends.
Understanding the Arkham Platform
Arkham Intel operates as an analytics platform that uses artificial intelligence to match blockchain addresses with real-world entities. Its core mission is to bring transparency to blockchain transactions through a process it refers to as “deanonymization.”
Core Features and Utilities
- Entity Recognition: Identifies individuals, institutions, and exchanges behind wallet addresses.
- Transaction Visualization: Maps fund flows between entities across various blockchains.
- Alert Systems: Notifies users of significant or suspicious transactions.
- Intel-to-Earn Economy: Allows users to earn ARKM tokens by contributing valuable intelligence.
Is Arkham (ARKM) a Good Investment?
Evaluating any cryptocurrency requires understanding its value proposition and market fit.
Key Strengths
- Unique Market Niche: Arkham operates in the specialized field of blockchain intelligence, a growing sector with demand from traders, investigators, and institutions.
- Platform Utility: The ARKM token is required to pay for services within the Arkham ecosystem, creating inherent demand.
- Incentivized Participation: Its Intel-to-Earn model encourages a active community and continuous data contribution.
Considerations and Risks
- Market Volatility: Like all altcoins, ARKM is subject to high price fluctuations.
- Adoption Dependency: Its long-term value is tied to widespread adoption of its intelligence platform.
- Competitive Landscape: Other blockchain analytics firms exist, though Arkham’s tokenized model is distinctive.
For those interested in exploring tools that provide real-time analytics and market insights, you can discover advanced intelligence platforms here.
Primary Use Cases of the ARKM Token
The ARKM token is fundamental to the Arkham ecosystem, serving several critical functions.
Accessing Premium Services
Users must spend ARKM tokens to access advanced analytics, detailed reports, and custom alerts on the platform.
Rewards and Incentives
Individuals who contribute valuable information to the platform, such as labeling entities or identifying transactions, are rewarded in ARKM.
Governance
ARKM holders may participate in governance decisions, influencing the future development and policies of the Arkham platform.
Arkham Price Prediction Factors
Predicting cryptocurrency prices is inherently challenging. However, several factors specific to Arkham could influence its future price trajectory.
- Platform Adoption Growth: An increasing user base directly drives demand for the token.
- Product Development: The rollout of new features and supported blockchains can enhance utility.
- Broad Crypto Market Trends: ARKM's price is significantly correlated with the overall health and sentiment of the cryptocurrency market.
- Regulatory Environment: Global regulations concerning data privacy and blockchain surveillance could impact operations.
Frequently Asked Questions
What is the all-time high and low for Arkham (ARKM)?
ARKM reached its all-time high of $3.99 shortly after its launch. Conversely, its all-time low stands at $0.2869. The current price sits between these two extremes.
How can I securely store my ARKM tokens?
You can store ARKM in any Ethereum-compatible wallet, as it is an ERC-20 token. Options include hardware wallets for maximum security, software wallets like MetaMask, or custodial storage on supported exchanges.
What is the maximum supply of ARKM tokens?
The maximum supply of ARKM is capped at 1 billion tokens. The circulating supply is currently 225.1 million, with the remaining tokens to be released through rewards, ecosystem development, and other initiatives according to the project's schedule.
How does the Arkham airdrop work?
Arkham conducted its initial airdrop to early platform users. Future distribution events may be announced by the foundation. Typically, eligibility is based on active participation and contributions to the platform's ecosystem.
Can I convert ARKM to cash directly?
To convert ARKM to cash, you generally need to sell your tokens on a cryptocurrency exchange for a stablecoin like USDT or a fiat currency like USD. You can then withdraw the fiat to your bank account. The specific steps depend on the exchange you use and the services available in your region.
Who are some of Arkham's key partners?
Arkham has established partnerships with various entities in the crypto space, including other analytics providers, blockchain foundations, and data firms. These collaborations help expand its data coverage and integrate its intelligence into broader ecosystems. For a detailed look at integration possibilities, explore more strategic partnerships here.