Arkham Launches “KOL” Feature, Tracker for Crypto Influencers!

Jakarta, Pintu News – Blockchain analytics platform Arkham Intelligence recently announced the launch of a new tagging system called “Key Opinion Leader” (KOL). This feature is designed to track the crypto transactions of well-known figures in the industry.

With over 950 wallet addresses from more than 1,000 identified entities, Arkham allows users to monitor the digital asset movements of key players in the crypto market.

This announcement was made through a post on X on March 8, 2025.

KOL Labels: Transparency or Surveillance Tool?

Arkham’s KOL label allows investors to keep an eye on whether influencers are actually endorsing the tokens they promote or whether the endorsement is just paid advertising. This is important as a recent report showed that 76% of influencer-backed tokens failed to deliver the promised results.

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Their value fell by more than 90% in just three months. With this feature, Arkham hopes to provide more transparency in an industry that is often filled with misleading information and deceptive marketing tactics.

Analysis and Impact on Meme Coin Market

Research shows that influencers with more than 200,000 followers tend to perform the worst in promoting meme coins. The larger the influencer’s following, the lower the performance of the meme coins they promote.

Blockchain investigator, ZachXBT, also recently revealed several influencer accounts on X that were involved in pump and dump schemes, causing their followers to incur losses.

With Arkham’s new tracking tool, investors can now more carefully check whether influencers hold the tokens they support, which shows true conviction.

Transparency and Trust in Crypto Investing

By tracking influencer wallet activity, users can identify whether influencers are holding the tokens they promote, or find warning signs, such as influencers selling tokens soon after promoting them.

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This approach reflects the importance of caution and thorough vetting rather than relying solely on influencer endorsements.

Experts, including Tron (TRX) founder Justin Sun, emphasized the importance of fundamentals, tokenomics, and risk management for investors in the volatile meme coin market.

Overall, with this new tool, Arkham may have paved a new path in ensuring honesty and transparency in crypto promotion. Not only does this help investors make more informed decisions, but it may also force influencers to be more accountable for their recommendations.

In the future, features like KOL Label could become an industry standard, reducing the number of scams and increasing general confidence in the crypto market.

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.

Reference:

• BeInCrypto. Arkham Tracking Crypto Influencers, Meme Coins. Accessed on March 10, 2025
• TheNewsCrypto. Arkham Intelligence Launches KOL Tag to Track Crypto Influencers’ Wallets. Accessed on March 10, 2025