Wallets Revealed: Arkham Tool Exposes Cryptocurrency Influencers

• New tool exposes portfolios.
• Influencers under scrutiny.
• Debate on transparency.

Arkham Intelligence recently announced the launch of a groundbreaking tool that exposes the portfolios of digital influencers. The new feature, called the Key Opinion Leader (KOL) Label, aims to increase transparency in the industry by revealing whether influencers actually believe in the projects they promote or whether they are simply participating in paid campaigns.

The new tool is responsible for monitoring the portfolios of influencers with more than 100 thousand followers on social media X, thus revealing their participation in various projects. The initiative comes at a time when memecoins are gaining strength in the market, attracting a lot of attention from investors and enthusiasts, where these tokens often have little utility or long-term stability, and where trust in influencers is crucial to the success of these projects.

“ANNOUNCING THE KEY OPINION LEADER (KOL) LABEL Influencers with over 100k followers on Twitter/X are now tagged on Arkham with a new label: Key Opinion Leader,” the platform highlighted in its anúncio .

The development has sparked heated debate among investors and traders in the cryptocurrency community. Proponents of the tool argue that it promotes transparency, while critics express concern that Arkham’s new tool could be misleading.

Recent investigations have exposed several influencers involved in coordinated price manipulation schemes, further undermining trust in the market. Arkham’s tracking tool allows investors to verify whether influencers are actually holding the tokens they promote. If an influencer sells a token shortly after promoting it, this could be a red flag of potential fraud. Arkham’s tool has the potential to reshape the way crypto influencers operate, making them more accountable for their promotions.

At the time of publication, the price of Arkham (ARKM) was quoted at $0,5113 with a drop of 3.3% in the last 24 hours.