Crypto Influencers Beware: Arkham’s New Feature Exposes Your Secrets! 😱💰

Oh, what a marvelous day it is! Arkham Intelligence has just pulled a rabbit out of its hat, unveiling a new feature that lets users peek into the wallets of those oh-so-important Key Opinion Leaders (KOLs) on X (formerly known as Twitter). How delightful! 🎩✨

And just when you thought the world of meme coins couldn’t get any sillier, here comes a flurry of new tokens, popping up like mushrooms after a rainstorm, all thanks to those nifty token launchpads. 🍄💸

New Arkham Feature Lets Users Track Influencers’ Token Holdings

In a recent post that had everyone buzzing like a swarm of bees, Arkham introduced the “Key Opinion Leader (KOL) Label.” This little gem tracks the wallets of influencers with over 100,000 followers on X. Oh, the drama! 🐝💥

“Influencers with more than 100K+ followers on Twitter/X are now tagged on Arkham with a new label: Key Opinion Leader,” read the announcement, as if it were the most thrilling news since sliced bread! 🍞

Now, investors can play detective, monitoring whether these influencers truly believe in the tokens they promote or if they’re just cashing in on a paycheck. The crypto community is all abuzz, debating the implications for those meme coins that seem to sprout up overnight. 🕵️‍♂️💰

“Biggest scammer on top! Now everyone can watch your wallets. But they should know y’all have multiple ones,” one cheeky user quipped. Oh, the audacity! 😂

With the introduction of Arkham’s KOL Label, concerns are rising like a soufflé about the reliability of influencer-backed tokens. A recent report revealed that a staggering 76% of these tokens fail to deliver. Can you believe it? 😲

In fact, their value can plummet by more than 90% in just three months! Talk about a rollercoaster ride! 🎢

As BeInCrypto reported, some influencers are raking in up to $399 per promotional tweet, making it clear that financial gain often trumps credibility. Shocking, isn’t it? 😏

Many of these promoted tokens lack any real utility or community engagement, leading to inevitable crashes that would make even the bravest investor weep. 😭

“Influencers with over 200,000 followers tend to have the worst performance. The larger the influencer’s following, the lower the performance of the meme coins they promote,” the report claims. Oh, the irony! 📉

Meanwhile, blockchain investigator ZachXBT has been busy exposing 16 influencer accounts on X that coordinated pump-and-dump schemes, leaving their followers to pick up the pieces. What a tangled web we weave! 🕸️

With Arkham’s new tracking feature, investors can now scrutinize whether influencers actually hold the tokens they endorse. Transparency in an industry riddled with misinformation? What a novel idea! 🤔

“Interesting move—transparency meets influence,” a user on X remarked, probably while sipping their tea. ☕

This pattern is reminiscent of previous crypto fads, where early investors dance with joy while latecomers are left holding the bag. Arkham’s new tool could expose questionable practices, distinguishing genuine endorsements from mere smoke and mirrors. 🎭

By tracking influencers’ wallet activities, users can identify whether these so-called influencers hold the tokens they promote, indicating true conviction—or just a clever ruse! They could also spot red flags, like influencers dumping tokens right after promoting them. How scandalous! 🚩

Experts, including Tron founder Justin Sun, emphasize the importance of fundamentals, tokenomics, and risk management for investors in this wild and wacky meme coin market. 🧐

“I will check on the real social engagement. Are those likes real, or is it just general nonsense? Do they have lots of influence, and do people really believe them? I will see if this is the right video and the right social engagement,” Sun elaborated, sounding quite serious. 😅

Read More

2025-03-09 13:21