ARKM, the native token of the Arkham ecosystem, saw a significant rally of up to 55% after being listed on the South Korean crypto exchange Upbit. This surge in price was also supported by the launch of Arkham Exchange in China on the same day. However, the gains were short-lived as ARKM lost most of its gains within hours. Despite this, there are indicators of underlying demand, such as a jump in large holder addresses and an increase in open interest in the futures market. Nevertheless, ARKM may struggle to establish a sustained uptrend without increased buying pressure.



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