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Cryptocurrency News Articles
ARKM Price Surges 27% to Lead AI Tokens, What's Next?
Sep 24, 2024 at 12:50 am
Arkham (ARKM) price surge comes amid a fresh spark of volatility across crypto, with Bitcoin holding above $63,500 and Ethereum near $2,700.
Arkham (ARKM) Price Surges 27%, Outpacing Leading AI Tokensinput: The price of Arkham (ARKM) surged more than 27% in 24 hours on Monday, outpacing gains for leading artificial intelligence (AI) tokens.
However price action for the AI token sparked a mixed performance across crypto, with Bitcoin holding above $63,500 and the price of ETH holding around $2,700.
Arkham (ARKAM) is the native token for the blockchain intelligence platform, which uses AI to deanonymize blockchain and on-chain data. The platform aims to provide insights for investigators, traders and community members.
After surging to highs of $1.47 on Monday, the ARKM token was seen changing hands at around $1.48 at the time of writing. Prices are now up 45% in the past seven days, and surged to 27% in 24 hours.
The price surge also saw a surge in trading volume for ARKM, which increased by 280% to reach highs of $127.3 million across major exchanges.
In comparison, the daily volume for ARKM stood at around $45 million on Friday, October 21.
At current price levels, the token is up more than 27% in 24 hours to reach 159th place in the ranking of largest cryptocurrencies by market cap.
Arkham (ARKM) is now valued at around $326 million, up from 175th place on Friday.
Relative to other AI tokens, ARKM posted the biggest gains for top 200 cryptocurrencies.
However, other AI tokens also posted double digit gains, with Bittensor (TAO) up 19%, Near Protocol (NEAR) up 17%, the Graph (GRT) up 14%, and ionet (IO) up 12%.
Prices for Near and the Graph were seen surging by more 10% in 24 hours at the last check.output: The price of Arkham (ARKM) surged more than 27% in 24 hours on Monday, outpacing gains for leading artificial intelligence (AI) tokens.
However, price action for the AI token sparked a mixed performance across crypto, with Bitcoin holding above $63,500 and the price of ETH holding around $2,700.
Arkham (ARKAM) is the native token for the blockchain intelligence platform, which uses AI to deanonymize blockchain and on-chain data. The platform aims to provide insights for investigators, traders and community members.
After surging to highs of $1.47 on Monday, the ARKM token was seen changing hands at around $1.48 at the time of writing. Prices are now up 45% in the past seven days, and surged to 27% in 24 hours.
The price surge also saw a surge in trading volume for ARKM, which increased by 280% to reach highs of $127.3 million across major exchanges.
In comparison, the daily volume for ARKM stood at around $45 million on Friday, October 21.
At current price levels, the token is up more than 27% in 24 hours to reach 159th place in the ranking of largest cryptocurrencies by market cap.
Arkham (ARKM) is now valued at around $326 million, up from 175th place on Friday.
Relative to other AI tokens, ARKM posted the biggest gains for top 200 cryptocurrencies.
However, other AI tokens also posted double digit gains, with Bittensor (TAO) up 19%, Near Protocol (NEAR) up 17%, the Graph (GRT) up 14%, and ionet (IO) up 12%.
Prices for Near and the Graph were seen surging by more than 10% in 24 hours at the last check.
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