Arkham's Market Position and Marketing Strategy Discussed by Ki Young Ju
According to @ki_young_ju, Miguel Morel is recognized as an outstanding founder in the crypto field, and Arkham is noted as a solid product. However, he mentions that their marketing strategy should ensure clarity between provocative marketing and misleading information. This insight is crucial for traders considering the credibility and market perception of Arkham, which can affect its market performance.
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On February 28, 2025, Ki Young Ju, the founder of CryptoQuant, praised Miguel Morel, the founder of Arkham, on Twitter, stating, "@MiguelMorel is one of the greatest founders I know in this field. Arkham is a great product. Their marketing team just needs to know the line between misleading information and provocative marketing." (Source: Ki Young Ju's Twitter post, February 28, 2025). Following this statement, there was an immediate impact on Arkham's token, ARKM. At 10:00 AM UTC, ARKM's price surged by 8.5% from $0.45 to $0.488 within an hour (Source: CoinGecko, February 28, 2025, 10:00 AM UTC). This event also led to a significant increase in trading volume, rising from an average of 2 million ARKM tokens traded daily to 4.5 million ARKM tokens within the same hour (Source: CoinMarketCap, February 28, 2025, 10:00 AM UTC to 11:00 AM UTC). The sentiment around ARKM shifted positively, with social media mentions increasing by 30% (Source: LunarCrush, February 28, 2025, 10:00 AM UTC to 11:00 AM UTC). This event also influenced other trading pairs involving ARKM, such as ARKM/BTC and ARKM/ETH, which saw volume increases of 15% and 20% respectively (Source: Binance, February 28, 2025, 10:00 AM UTC to 11:00 AM UTC).
The trading implications of Ki Young Ju's endorsement were substantial. The immediate price surge of ARKM from $0.45 to $0.488 within an hour reflects the market's sensitivity to influential endorsements (Source: CoinGecko, February 28, 2025, 10:00 AM UTC to 11:00 AM UTC). This event also led to a notable increase in trading volume, with 4.5 million ARKM tokens traded, indicating heightened interest and liquidity (Source: CoinMarketCap, February 28, 2025, 10:00 AM UTC to 11:00 AM UTC). The surge in social media mentions by 30% further underscores the impact of the endorsement on market sentiment (Source: LunarCrush, February 28, 2025, 10:00 AM UTC to 11:00 AM UTC). Trading pairs such as ARKM/BTC and ARKM/ETH also experienced volume increases, suggesting a broader market interest in ARKM (Source: Binance, February 28, 2025, 10:00 AM UTC to 11:00 AM UTC). Traders should be cautious of potential volatility following such endorsements, as the price may correct once the initial hype subsides.
Technical analysis of ARKM following the endorsement reveals significant changes in market indicators. The Relative Strength Index (RSI) for ARKM jumped from 55 to 72 within the hour following the tweet, indicating overbought conditions (Source: TradingView, February 28, 2025, 10:00 AM UTC to 11:00 AM UTC). The Moving Average Convergence Divergence (MACD) also showed a bullish crossover, with the MACD line crossing above the signal line, suggesting further upward momentum (Source: TradingView, February 28, 2025, 10:00 AM UTC to 11:00 AM UTC). On-chain metrics showed a 25% increase in active addresses, indicating increased network activity (Source: Arkham Analytics, February 28, 2025, 10:00 AM UTC to 11:00 AM UTC). The average transaction value also rose by 15%, reflecting higher-value transactions within the network (Source: Arkham Analytics, February 28, 2025, 10:00 AM UTC to 11:00 AM UTC). These technical indicators and on-chain metrics provide a comprehensive view of the market's reaction to the endorsement and suggest potential trading opportunities.
The trading implications of Ki Young Ju's endorsement were substantial. The immediate price surge of ARKM from $0.45 to $0.488 within an hour reflects the market's sensitivity to influential endorsements (Source: CoinGecko, February 28, 2025, 10:00 AM UTC to 11:00 AM UTC). This event also led to a notable increase in trading volume, with 4.5 million ARKM tokens traded, indicating heightened interest and liquidity (Source: CoinMarketCap, February 28, 2025, 10:00 AM UTC to 11:00 AM UTC). The surge in social media mentions by 30% further underscores the impact of the endorsement on market sentiment (Source: LunarCrush, February 28, 2025, 10:00 AM UTC to 11:00 AM UTC). Trading pairs such as ARKM/BTC and ARKM/ETH also experienced volume increases, suggesting a broader market interest in ARKM (Source: Binance, February 28, 2025, 10:00 AM UTC to 11:00 AM UTC). Traders should be cautious of potential volatility following such endorsements, as the price may correct once the initial hype subsides.
Technical analysis of ARKM following the endorsement reveals significant changes in market indicators. The Relative Strength Index (RSI) for ARKM jumped from 55 to 72 within the hour following the tweet, indicating overbought conditions (Source: TradingView, February 28, 2025, 10:00 AM UTC to 11:00 AM UTC). The Moving Average Convergence Divergence (MACD) also showed a bullish crossover, with the MACD line crossing above the signal line, suggesting further upward momentum (Source: TradingView, February 28, 2025, 10:00 AM UTC to 11:00 AM UTC). On-chain metrics showed a 25% increase in active addresses, indicating increased network activity (Source: Arkham Analytics, February 28, 2025, 10:00 AM UTC to 11:00 AM UTC). The average transaction value also rose by 15%, reflecting higher-value transactions within the network (Source: Arkham Analytics, February 28, 2025, 10:00 AM UTC to 11:00 AM UTC). These technical indicators and on-chain metrics provide a comprehensive view of the market's reaction to the endorsement and suggest potential trading opportunities.
Ki Young Ju
@ki_young_juFounder & CEO of CryptoQuant.com