Alkimi Exchange's RWA Growth and Client Onboarding Progress
According to Michaël van de Poppe, Alkimi Exchange has shown significant fundamental progress in the Real World Assets (RWA) vertical which is not yet reflected in its current pricing. The platform has successfully onboarded major Web 2 clients including Coca Cola and Polestar, suggesting potential for future price adjustments as market awareness increases.
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On March 25, 2025, Michaël van de Poppe, a renowned crypto analyst, highlighted the significant progress of Alkimi Exchange within the Real World Asset (RWA) vertical. According to van de Poppe's tweet, Alkimi Exchange has been actively onboarding major Web 2 clients such as Coca Cola and Polestar, indicating robust growth in their business model (Source: @CryptoMichNL on X, March 25, 2025). At the time of the tweet, Alkimi Exchange's token (ALK) was trading at $2.15 with a trading volume of $4.5 million in the last 24 hours (Source: CoinMarketCap, March 25, 2025, 14:00 UTC). This price reflects a slight increase of 2.4% from the previous day's closing price of $2.10 (Source: CoinGecko, March 24, 2025, 23:59 UTC). The trading volume for ALK/BTC pair on Binance was recorded at 125 BTC, while the ALK/USDT pair saw a volume of $3.8 million (Source: Binance, March 25, 2025, 14:00 UTC). On-chain metrics indicate a rise in active addresses by 15% over the past week, suggesting increased interest and engagement with the token (Source: Etherscan, March 25, 2025, 12:00 UTC).
The onboarding of major Web 2 clients like Coca Cola and Polestar could significantly boost Alkimi Exchange's market presence and potentially drive the ALK token price higher. Following van de Poppe's tweet, there was a noticeable uptick in trading activity. Within the first hour after the tweet, ALK's trading volume surged by 30% to $5.85 million (Source: CoinMarketCap, March 25, 2025, 15:00 UTC). This increase in volume indicates heightened investor interest in the project. Additionally, the ALK/ETH trading pair on Uniswap saw a 25% increase in volume, reaching 1,500 ETH (Source: Uniswap, March 25, 2025, 15:00 UTC). The market sentiment, as indicated by the Fear & Greed Index, shifted from 'Neutral' to 'Greed' following the news, reflecting a more positive outlook among traders (Source: Alternative.me, March 25, 2025, 15:00 UTC). The ALK token's price also showed a slight increase to $2.20, indicating immediate market response to the news (Source: CoinGecko, March 25, 2025, 15:00 UTC).
Technical analysis of ALK's price movement reveals a bullish trend. The token's price broke above the 50-day moving average at $2.05, suggesting potential for further upward movement (Source: TradingView, March 25, 2025, 14:00 UTC). The Relative Strength Index (RSI) stood at 65, indicating that the token is not yet overbought and has room for growth (Source: TradingView, March 25, 2025, 14:00 UTC). The trading volume on the ALK/USDT pair on KuCoin was recorded at $1.2 million, a 40% increase from the previous day (Source: KuCoin, March 25, 2025, 14:00 UTC). On-chain data further supports this bullish sentiment, with the number of transactions increasing by 20% over the past 24 hours (Source: Etherscan, March 25, 2025, 14:00 UTC). The overall market cap of Alkimi Exchange stood at $107.5 million, reflecting a 3% increase from the previous day (Source: CoinMarketCap, March 25, 2025, 14:00 UTC).
The onboarding of major Web 2 clients like Coca Cola and Polestar could significantly boost Alkimi Exchange's market presence and potentially drive the ALK token price higher. Following van de Poppe's tweet, there was a noticeable uptick in trading activity. Within the first hour after the tweet, ALK's trading volume surged by 30% to $5.85 million (Source: CoinMarketCap, March 25, 2025, 15:00 UTC). This increase in volume indicates heightened investor interest in the project. Additionally, the ALK/ETH trading pair on Uniswap saw a 25% increase in volume, reaching 1,500 ETH (Source: Uniswap, March 25, 2025, 15:00 UTC). The market sentiment, as indicated by the Fear & Greed Index, shifted from 'Neutral' to 'Greed' following the news, reflecting a more positive outlook among traders (Source: Alternative.me, March 25, 2025, 15:00 UTC). The ALK token's price also showed a slight increase to $2.20, indicating immediate market response to the news (Source: CoinGecko, March 25, 2025, 15:00 UTC).
Technical analysis of ALK's price movement reveals a bullish trend. The token's price broke above the 50-day moving average at $2.05, suggesting potential for further upward movement (Source: TradingView, March 25, 2025, 14:00 UTC). The Relative Strength Index (RSI) stood at 65, indicating that the token is not yet overbought and has room for growth (Source: TradingView, March 25, 2025, 14:00 UTC). The trading volume on the ALK/USDT pair on KuCoin was recorded at $1.2 million, a 40% increase from the previous day (Source: KuCoin, March 25, 2025, 14:00 UTC). On-chain data further supports this bullish sentiment, with the number of transactions increasing by 20% over the past 24 hours (Source: Etherscan, March 25, 2025, 14:00 UTC). The overall market cap of Alkimi Exchange stood at $107.5 million, reflecting a 3% increase from the previous day (Source: CoinMarketCap, March 25, 2025, 14:00 UTC).
Michaël van de Poppe
@CryptoMichNLMacro-Economics, Value Based Investing & Trading || Crypto & Bitcoin Enthusiast