[Update on Arkham Intelligence]
It has been a while since my last update.
I hope everything is fine with you.
I recently devoted the last days of Ramadan to solitary reflection, aiming to strengthen my spiritual bond with God. This experience was invaluable, far surpassing all my material possessions.
After ARKM was listed on Coinbase, its price dramatically fell, hinting at possible market manipulation. Subsequent analysis by Nansen confirmed this, showing that large investors or venture capital firms or whales played a significant role. Although ARKM has strong fundamentals, the actions of these large investors or the project's developers, particularly with their significant holdings in Arkham, are concerning regarding fairness. Despite this, I continue to hold onto my investment in ARKM, in a reduced capacity.
I had previously mentioned the likelihood of a significant market downturn, which I believe is imminent. Accordingly, I had liquidated approximately 60% of my investments.
Now, I've reallocated most of that capital into two cryptocurrencies. One of them is Rarible, or $Rari, which I highlighted when its price was around $3.5. Currently, it’s trading near $6. I’m planning to disclose another promising coin tonight, which I believe could see growth similar to Aerodrome Finance or Calestia.
I've realized some loss from my Arkham investment. It's important to remember the unpredictable nature of the cryptocurrency market and to invest only within one's risk tolerance.
