Key points
Previously, UPBIT listed the trading pairs ARKM/BTC and ARKM/USDT. The price of ARKM has increased significantly after the listing announcement. Today, the largest Crypto trading platform in South Korea, UPBIT, announced the listing of a new trading pair for Arkham (ARKM), triggering an increase in the price of the digital asset.
ARKM/KRW listing details on upbit
Earlier, UPBIT announced the listing of the ARKM/KRW pair at 4:00 pm (South Korea time). According to the official announcement, the withdrawal fee for ARKM is eliminated for about 24 hours after 3:30 pm (South Korea time). The ARKM/KRW pair is listed on the Ethereum network. Previously, UPBIT listed the trading pairs ARKM/BTC and ARKM/USDT. Following the announcement of the Crypto Exchange, ARKM has registered a significant price increase.
The price of ARKM has increased
Before the listing announcement, ARKM was traded around $ 0.47, and later its price increased over $ 0.7. ARKM registered an increase of almost 42% in a relatively short time, and its market capitalization has increased from about $ 107 million to $ 158 million.
The price of ARKM in USD today at the time of writing this article, ARKM is traded around $ 0.59, with a market capitalization over $ 134 million, after a price correction, and the digital asset is increasing by more than 17% today.
What is Arkham (ARKM)?
Arkham is a blockchain analysis platform that uses artificial intelligence to deanize blockchain and on-chain data. The platform has two main components:
1. The Analytics Platform
It offers analyzes about various entities, exchanges, funds, whales and tokens.
Users can verify portfolios, transaction history, flows between exchanges, network relationships and other relevant data.
2. The Intel Exchange
This allows users to buy and sell address labels and other information through rewards or auctions within the Data program. Arkham uses an AI engine that integrates various data sources, including public records, social media, web scraping and user contributions. ARKM is the digital assets of the platform.