Arkham is an advanced on-chain explorer originally conceived as a data trading exchange. However, the project has transformed over time into an application that is rarely used for its intended purpose.
The team, realizing the difficulties of development in this direction, decided to switch to more trending topics. After the hype around AI, they launched their chatbot, which, to put it mildly, did not meet expectations. As an Arkham user, I can say that this bot only complicated the search for information instead of simplifying it.
Recently, the team decided to try to replicate the success of Hyperliquid and launched their own futures DEX exchange. This is not related to the global development of the exchange, but my experience using it was questionable: my account was quickly blocked without any explanations.
Ultimately, purchasing the Arkham token comes down to investing in a project where the main value is marketing and the team's responsiveness, which time and again attempts to jump on the next trend.
Technically
The chart looks very good, we are in a retest of the global bullish pattern, and also in a buyer's block. I believe that the price is still low, and I see the global high in wave 5.
