CandleFocus ARKM up 27% as AI tokens surge
2024-09-23
Author: Content Editor
The price of Arkham's native token, ARKM, has surged over 27% in the span of 24 hours, reaching its highest level since July at $1.47. This surge in price comes amid increased volatility in the crypto market, with Bitcoin holding above $63,500 and Ethereum near $2,700. Arkham's ARKM token is now the biggest gainer among AI-related coins by market cap on Binance launchpool. Other AI tokens such as Bittensor, Near Protocol, the Graph, and ionet have also seen significant gains, with double-digit increases ranging from 12% to 19%. ARKM has seen a spike in daily volume, reaching over $127 million, and its market cap has surged to over $326 million, making it the 159th largest cryptocurrency by market cap. Additionally, open interest for ARKM has increased by more than 56% to over $39.9 million, and there has been liquidation of bearish bets on the token in the past 24 hours.
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