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Cryptocurrency focused service platforms offer various features for a fee, bringing them good earnings. Some platforms also gain indirect revenue by issuing tokens and offering free services. Arkham was one of these, and now it is preparing for more. Recent announcements caused the ARKM Coin price to rise by double digits.
Why is ARKM Rising?
Arkham Intelligence CEO Miguel Morel recently announced that they would launch paid services before the end of the year. Following this news, the ARKM Coin price is rapidly rising, assuming that the fees obtained will benefit the token. The price, which had fallen to $1.36, has now jumped to $1.5.
ETHCC event, the CEO said the following:
“I could have enabled the monetization feature months ago. We chose not to because we believe more people can benefit from our services. From a vision perspective, I want Arkham’s main pillars to be free. Being able to look at assets forever, search, look at people’s portfolios, things like that. I want these to be free forever.”
Additional features like API, visualization, and monitoring tools will be offered for a fee, and support for Solana and TON networks will be available soon.
