Arkham Intelligence attracted a lot of attention when the project's Airdrop event took place last July.

According to CryptoQuant, there were about 63.7K wallet addresses that received the Airdrop, 80% of which released all tokens as soon as they received it.

More than 97% of the 28.9M $ARKM Airdropped has been sold. The number of active wallets has decreased by 99%, along with a 99% decrease in transaction volume on this on-chain platform.

Meanwhile, $ARKM's use case does not have too many special features such as wallet tracking transaction features, voting, data provision, referral... while Nansen, Debank or even Dune are all familiar and have transactions. more user-friendly interface. This makes it easy for $ARKM to be dumped strongly after the Airdrop. Reality has proven this to be completely accurate.

Therefore, Binance today had to rush to open Futures to save liquidity.

The price of the ARKM token has also increased more than 10% since Binance announced the Futures list. Such a push up of the token is likely to signal a discharge signal in the near future.

As a new product in a new niche with a market cap that has not yet exceeded 100m, it seems to have been left open by the market after the airdrop so we expect Arkham will launch a program to legitimize the price push in the future. What do you think?

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