Arkham recently launched on Binance launchpad and immediately skyrocketed +1200%. Early investors who got in at $0.05 during presale made a heavy killing on that one. Even better, early users of the Arkham product were given 150 ARKM just for signing up. Those who were more active got more tokens. But what exactly is the Arkham product?
In this article, we dive into the Arkham project, what it is, how it works, and whether it has a future.
???? What is Arkham?
Arkham is a blockchain analysis tool with tons of useful features and visualizations that will allow you to keep track of wallets, transfers and make deep investigations. Arkham advertises itself as the world’s first on-chain intelligence exchange. This means you can buy and sell information concerning the owner of any wallet address on the blockchain.
Arkham has managed to successfully deanonymize the blockchain. You can search for addresses, search by ENS name, filter in/out exchanges, lending protocols etc. You can spy on whales, investigate scams, and track VCs investments
Founded by Palantir and OpenAI, the project received over $12 million in investments during its Series A funding round. Some of the notable investors include Bedrock and Coinbase. At the time of its public launch, Arkham had garnered over 500,000 registered users.
While Arkham is definitely heavily supported by big backers, it is not the first project with this idea. Candlestick and De.Fi have been doing this precise job. However, these are only limited to EVM-compatible chains and cannot scan other Layer 1 blockchains.
???? The Arkham Computer
This is the machine that handles all the queries and intel submissions. The Arkham computer enables you to see entities or individuals behind the common pseudonymous crypto wallets. Besides this, which could be helpful in catching on-chain scammers and hackers, you can also see top traders in real-time.
Here are some features of this powerful system.
???? Features of the Arkham Computer
Entity Page:
The Arkham Computer offers users a comprehensive view of any entity or address within the blockchain ecosystem. With the Entity Page, users can access a wealth of information about specific entities, including portfolio details, historical balances, exchange usage, profit and loss (P&L) data, and top counterparties. The platform also provides a detailed list of transactions associated with the entity, which can be easily sorted and filtered to extract relevant insights.
Visualizer
One of the standout features of the Arkham Computer is its powerful Visualizer tool. By leveraging this feature, users can transform raw blockchain transactions into clear and intuitive network maps. The Visualizer presents a visual representation of the complex interactions between various entities and addresses, facilitating a better understanding of the network’s dynamics.
Dashboards
With the Arkham Computer’s Dashboards feature, users can create and share personalized dashboards focusing on specific entities or addresses. These dashboards offer a consolidated and customizable view of essential information, enabling users to monitor and analyze entities of interest efficiently.
Filtering
To streamline the analysis process, the Arkham Computer provides robust filtering and sorting capabilities across the platform. Users can easily apply filters based on time, counterparty, token type, token amount, and USD value. This feature allows users to narrow down their focus to the specific data they wish to analyze, enhancing efficiency and precision in their investigations.
Alerts
The Arkham Computer empowers users to set custom alerts for both on-chain and off-chain activities. Users can receive notifications when specific events occur, such as significant transactions or unusual patterns, providing timely and relevant insights. These alerts can be correlated against pricing and other critical signals to help users make informed decisions.
Explorer
The Arkham Computer comes equipped with a full block explorer, granting users access to specific details of any transaction within the blockchain. This comprehensive exploration tool enables users to deep dive into individual transactions, fostering a deeper understanding of the blockchain’s inner workings.
???? Arkham (ARKM) Price Analysis
Upon launch on the Binance crypto exchange, the token shot up 1200%, making some nice profits for early investors. However, since then, the price has been slowly going down as airdrop recipients and early investors cash out.
The supply zone for ARKM is around $0.72 – $0.75. A supply zone is an area on the chart where there is high liquidity in a price area and traders usually trade using sell orders. What this means for the future price of the asset is that Market Makers will return to this zone to collect a large amount of liquidity sitting there.
Therefore, we are guaranteed that ARKM will revisit $0.75 soon. The asset is also in a falling wedge pattern. This kind of pattern usually breaks to the upside.
Arkham has a total supply of 1 billion ARKM coins with 150 million of them in circulation. The project ranks #285 on Coingecko, with a market cap of $87 million.
Final Thoughts
The combination of these powerful features makes Arkham Computer a cutting-edge platform for blockchain analysis. Whether for traders, analysts, or researchers, the Arkham Computer offers unparalleled insights into blockchain activities, facilitating better decision-making and strategic planning within the blockchain ecosystem.