Cryptocurrency experts name the token that grew by 1500% per day

According to analytical trackers, the Arkham Intelligence (ARKM) token price rose to $ 0.9 overnight, recording a record 1500% increase in value. As of the evening of July 18, the quotes were adjusted to $ 0.73. At the time of writing, on July 19, the value of the virtual asset is $ 0.68. The market capitalization was fixed at $ 706.7, and the daily trading volume remained unchanged from yesterday at $ 232.7 million.

Arkham Intelligence (ARKM) was released to beta testers and participants of the Binance LaunchPad panel. The token is designed to collect information. Earlier it was reported that the first buyers of the digital asset were limited to investments of up to $ 15,000. At the time of the cryptocurrency’s launch, the total number of coins on the market was 2.4 billion ARKM. The development team also initiated an airdrop for early users of the platform and beta testers. It is known that most of the participants received 197 tokens worth a little more than $ 140.

According to CoinMarkerCap, there are currently 150 million ARKM tokens in circulation on the market. Another 850 million will be unlocked over the next 8 years, according to a special schedule for unfreezing virtual coins.

The announcement of the Arkham token has attracted the interest of numerous crypto investors. However, many market participants have repeatedly complained about the violation of the privacy of other users. In addition, the team failed an affiliate campaign by including personal email addresses of customers in a unique referral link.

Earlier, Arkham raised more than $ 10 million in two rounds of funding. They were attended by such well-known investors as Tim Draper, Bedrock Capital, Wintermute Trading, GSR Markets, and co-founders of Palantir and OpenAI.

As a reminder, the cryptocurrency created by Reddit users, r/CryptoCurrency Moons (MOON), has shown significant growth over the past day. According to CoinGecko, MOON managed to rise by 88.1% in 24 hours. The value of r/CryptoCurrency Moons increased by 236.3% in a week, 243.7% in a month, and 598.7% in a year.