Arkham Can Now Track Crypto Influencer Wallets
Arkham Intelligence has released a new feature that allows users to track the wallets of Key Opinion Leaders (KOLS) on X (formerly Twitter).
This development was conducted in a series of new meme coins and utilizes the launch pad on the token launch pad for ease of launch.
New Arkham feature enables users to track influencers’ token holdings
The update was announced in a recent article introducing the “Key Opinion Leader (KOL) tag.” it track There are more than 100,000 followers on X’s wallets.
“Influencers with over 100K+ followers on Twitter/X are now tagged with a new tag on Arkham: Key Opinion Leaders,” read announcement.
This means investors can monitor whether influencers are truly supporting the tokens they promote, or that their approval is simply paid advertising. The move has sparked widespread debate in the cryptocurrency community, especially about its impact on influential meme coins.
“The biggest liar! Now everyone can look at your wallet. But they should know that you all have multiple,” one user Write.
Amid concerns about the reliability of influencer-backed tokens, the introduction of Arkham’s KOL tag has attracted attention. A recent report shows 76% of impactful tokens cannot be delivered.
Specifically, their value is over 90% in just three months.
As Beincrypto reported, research shows that each promotional tweet earns up to $399, inspiring some influencers to prioritize financial gains over credibility.
It also shows that many facilitating tokens lack basic utilities and community engagement, leading to an inevitable collapse.
“Influencers with over 200,000 followers tend to perform the worst. The larger the influencer’s followers, the lower the performance of the meme coins they promote. Propose.
Similarly, blockchain researcher zachxbt has recently been exposed 16 Influential Accounts Coordinate Pump and Rain Plans on Xlet followers absorb losses. This sparked a debate on the moral responsibility of crypto market influencers.
With Arkham’s new tracking feature, investors can now double-check whether influencers hold tokens they endorsed. This may provide greater transparency in industries plagued by misinformation and deceptive marketing strategies.
“Interesting moves – transparency will reach influence”, users on x Comment.
Mirror before pattern Encryption fashionearly investors’ profits, while later investors are the first to be affected. Arkham’s new tools may reveal suspicious practices, thus distinguishing between genuine endorsement and misleading promotions.
By tracking influencers’ wallet activity, users can determine whether influencers hold the tokens they promote, which shows that it is a true belief. They can also spot red flags such as influencers dumping tokens shortly after promotion.
Experts, including Tron founder Justin Sunemphasizing the importance of fundamentals, Symbolismand risk management of investors in the volatile meme coin market.
“I’m going to check for real social engagement. Are these real or just nonsense? They have a lot of influence, do people really believe them? Plus, I’m going to see the founders, see their material, and see the memes they make and the videos they make. I’m going to see if it’s the right video and the right social engagement,” Sun Explanation.
These approaches reflect the importance of caution and due diligence rather than relying solely on influential recognition.
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