Blockchain analytics firm Arkham Intelligence's native token (ARKM) is trading at $0.75 with a $113 million market cap after it was issued to beta testers and Binance launchpad participants.
The token, which is been branded as an "intel-to-earn" asset, initially sold for $0.05 on the Binance launchpad with investors being limited to a maximum allocation of $15,000. Users locked up a total of $2.4 billion in the launchpad to secure a better chance of receiving the full allocation.$ARKM #googleai #BRC20 #BinanceTournament #Binanceturns6 #GOATMoments
The company also issued an airdrop to early users of the platform and beta testers, with the majority of users receiving 197 tokens worth roughly $147 at current trading price.
There are currently 150 million tokens in circulating, with 850 million tokens being unlocked over an eight-year vesting schedule.$