After achieving a listing on the South Korean Crypto Exchange Opported, Arcum ranged up to 55%, but lost most of its benefits within hours.
In March 11X Post, Upbit Korea Announced It added Altcoin to its USD market, on Tuesday, March 11, 2025 with trading starting from 16:00 KST.
Arkham (Arkam) formed a “God Candle” growing from $ 0.47 to $ 0.70 within 10 minutes after the announcement. At that time its market cap exceeded $ 220 million, while its daily trading volume increased to about $ 154 million.
Profit also coincidence The same day with the launch of Arkham Exchange in China, which created significant interest among its community.
The Arkham Exchange is a cryptocurrency trading platform launched by Arkham Intelligence in November 2024. The platform provides spots and always trading services, which integrates advanced analytics and real-time market data tools.
Arkm is the indigenous token of Arkham Ecosystem and is used within the exchange for trading fee discounts, incentive programs and possible governance participation.
The expansion in China promoted the demand for Arkm as more traders and investors in the region had access to the stage.
Recently, whales have been showing interest in RKM, in which Santosh Data reveals a jump in the number of large holder addresses between 10,000 to 10 million RKM tokens compared to the previous day. Such growth in large holders suggest accumulation between whales, which can see long -term capacity in AltCoin rather than focusing on short -term profits.
In addition, coinglass data Since mid -January, excesses from exchanges shows pure outflows.
However, despite these catalysts, Arkm had lost most of its profit and the press time was only 5.8% up in the previous day, while its daily trading volume rose three times to $ 366 million during a period of conversation.
Arkm price analysis
On the 1-day USDT chart, the Arkm is trading above the descending trendline, it was stuck from 7 December to 22 February, indicating a possible break from its prolonged recession trend.
The MACD and signal lines remain close to each other and below the price level, indicating the speed of weak boom. It reinforced from reading a relative power index of 37, which is below the neutral 50 marks.
For example, Arkm can struggle to install a constant uptrend until the pressure is greatly increased. While it is technically broken by its Dalit, further benefits require a strong boom confirmation.
However, some indicators suggest an underlying demand that can help in the copperup sales pressure.
According to the data of coinglass, the derivative traders are putting more bets on the price moves of Arkm, with more than 100% of the futures open interest in the market.
Meanwhile, the social sentiment towards Altcoin has recently become positive, especially due to recent developments.
Disclosure: This article does not represent investment advice. The materials and materials painted on this page are only for educational purposes.
