New Arkham Feature Exposes Crypto Influencers’ Wallets and Celebrity Meme Coin Backers, Revealing...
Influencers’ Token Holdings Can Now Be Tracked Using Arkham’s New Feature
Arkham Intelligence has introduced a groundbreaking feature that allows users to track the wallets of Key Opinion Leaders (KOLs) on X (formerly known as Twitter).
This innovation arrives at a time when the market is flooded with new meme coins leveraging token launchpads for quick launches.
The new “Key Opinion Leader (KOL) Label” tracks influencers with more than 100,000 followers on X, enabling investors to see whether influencers truly support the tokens they promote or are simply engaging in paid promotions.
ANNOUNCING THE KEY OPINION LEADER (KOL) LABEL Influencers with more than 100K+ followers on Twitter/X are now tagged on Arkham with a new label: Key Opinion Leader. Track the wallets of biggest KOLs with the link below: pic.twitter.com/xOEfUUxywe
— Arkham (@arkham) March 8, 2025
The announcement read:
“Influencers with more than 100K+ followers on Twitter/X are now tagged on Arkham with a new label: Key Opinion Leader.”
This development has sparked considerable debate within the crypto community, especially regarding its potential to expose influencer-endorsed meme coin schemes.
One user even remarked that the top-listed influencers could be the industry's biggest scam artists.
Biggest scammer on top! Lol Now everyone can watch your wallets. BUT they should know y’all have multiple ones. Lol
— Geno Montagna 🌹𓅇 (@CryptoYeo) March 8, 2025
Worries Mount as Influencer-Backed Tokens Surge
Arkham's introduction of the KOL Label comes at a time when the reliability of influencer-backed tokens is under increasing scrutiny.
A recent study revealed that 76% of tokens endorsed by influencers fail, with their value often plummeting by over 90% within just three months.
The report also highlighted that influencers can earn up to $399 per promotional tweet, incentivising some to prioritise financial gain over the credibility of their endorsements.
Many of these tokens, it turns out, lack fundamental utility and community support, leading to predictable crashes.
The report claims:
“Influencers with over 200,000 followers tend to have the worst performance. The larger the influencer’s following, the lower the performance of the meme coins they promote.”
With Arkham's new tracking tool, investors can now examine whether influencers actually hold the tokens they promote, offering a much-needed layer of transparency in an industry often plagued by misinformation and deceptive marketing tactics.
One user on X aptly commented that this development is where transparency meets influence.
Interesting move—transparency meets influence.
— Synergy Media (@SynergyMedia_) March 8, 2025
The feature allows users to track influencers' wallet activities, potentially revealing red flags such as influencers dumping tokens shortly after promotion.
This could help distinguish genuine endorsements from misleading promotions, giving investors more control in an often volatile market.
Experts like Tron founder Justin Sun stress the importance of understanding tokenomics, fundamentals, and risk management when navigating the unpredictable meme coin space.
Sun elaborated:
“I will check on the real social engagement. Are those likes real, or it’s just general bullshit? Do they have lots of influence, and the people really believe them? Also, I will see the founders, see their material, and see the memes they made and the videos they made. I will see if this is the right video and the right social engagement.”
The introduction of Arkham’s KOL Label encourages investors to move beyond influencer endorsements and focus on careful due diligence.
March 14(Pi Day)
Mark Your Calendar: Total Lunar Eclipse Will Bring Blood Moon March 13-14.
Just step outside on the evening of March 13 or early in the morning of March 14 and take a look at the total lunar eclipse for yourself.
A lunar eclipse occurs when the Sun, Earth, and Moon align so that the Moon passes into Earth’s shadow.
In a total lunar eclipse, the entire Moon falls within the darkest part of Earth’s shadow, called the umbra.
When the Moon is within the umbra, it appears red-orange. Lunar eclipses are sometimes called “Blood Moons” because of this phenomenon.
In Huntsville, the eclipse will begin in partial phases at 10:57 p.m. on March 13, and end at 5:00 a.m. on March 14. Totality will begin at 1:26 a.m. and end at 2:31, with maximum eclipse occurring at 1:58. View more information on times to observe the eclipse in the Western Hemisphere.
“With March being a pretty typical month for spring showers, there’s roughly a 50/50 chance it’ll be cloudy, so keep a close eye on the weather forecast leading up to the eclipse,” Weber said. “That totality will last for close to an hour, so even if it’s cloudy you may still be able to glimpse it if the clouds are scattered.”
No special equipment is needed if the clouds cooperate. And moving away from bright lights will give you a better view, as will binoculars.
Why does the Moon turn that odd shade of red?
According to NASA, some of the sunlight passing through Earth’s atmosphere reaches the Moon’s surface, lighting it dimly.
Colors with shorter wavelengths – the blues and violets – scatter more easily than colors with longer wavelengths, like red and orange.
Because these longer wavelengths make it through Earth’s atmosphere, and the shorter wavelengths have scattered away, the Moon appears orange or reddish during a lunar eclipse.
The more dust or clouds in Earth’s atmosphere during the eclipse, the redder the Moon appears.👍
$PI
Tucker Interviews FTX’s SBF in Prison, Discusses “Dystopian” Life Behind Bars
In his recent prison interview with Tucker Carlson, Sam Bankman Fried maintained his innocence and expressed confusion as to why he was convicted of fraud. He argued that FTX was a legitimate service, and although there was a crisis, the company was still solvent.
Bankman spoke candidly about his prison experience and shared his thoughts on crypto regulation under a Trump presidency. Tucker Carlson, a right-wing commentator, interviewed him on March 5. Although he did not ask Bankman whether he wished for a pardon from Trump, the conversation ultimately led to whether Bankman supported Democrats or Republicans.
The interview occurred in a little side room in Brooklyn’s Metropolitan Detention Centre. Bankman turned 33 on the day of the interview. He discussed details about his sharing a cell block with rapper Sean Combs.
In November 2022, the FTX exchange filed for bankruptcy after suffering from liquidity issues due to its complete collapse. This led to U.S. criminal charges against Bankman and four executives, but only Bankman, Caroline Ellison, and Ryan Salame received prison time.
“One fact that might be relevant”, said Bankman in the interview. “In 2020, I was center-left, and I gave to Biden’s campaign. I was optimistic he’d be a sort of solid center-left president. I spent the next few years in D.C. a lot. I made dozens of trips there and was really, really shocked by what I saw – not in a good direction – from the administration”.
“By late 2022, I was giving to Republicans privately as much as Democrats. And that started becoming known right around FTX’s collapse, so that probably played a role”.
Bankman described prison life as “dystopian” and lamented that every day seems to be the same with one day melding with the next. He also said that he feels safe in prison and that the only issue concerning him is getting enough time to prepare his legal cases.
He spends most of his time reading books, playing chess with other inmates, and working on his legal case. He describes prison life as soul-crushing because there are few meaningful activities.
Bankman gave over $30 million to support predominantly Democratic causes, making him the second-largest contributor to the 2022 midterm election.
He is currently waiting for an appeal in Brooklyn’s Metropolitan Detention Centre. He mainly eats rice and beans and laments that no former FTX employees have visited him.
Lewis Kaplan, U.S. District Judge, presided over Bankman’s case, and also presided over Jean Carroll’s case against Trump, who successfully sued the president for defamation.
“I know President Trump had a lot of frustrations with Judge Kaplan. I certainly did as well”, said Bankman in a separate prison interview with the Sun.
In August 2023, the indictment read that Bankman “misappropriated and embezzled FTX customer deposits, and used billions of dollars in stolen funds for a variety of purposes, including to help fund over a hundred million dollars in campaign contributions to Democrats and Republicans to seek to influence cryptocurrency regulation”.
However, Bankman showed a lack of remorse in his interview with Tucker Carlson, failing to acknowledge the pain he caused his customers by using their deposits to cover his trading losses in his investment firm. He preferred to focus on his ties with the republican party to gain favor with Trump.
Bankman may alternatively argue that banks often use deposits to invest in assets. He has indicated that he plans to appeal the case and may make such arguments at a later date.
He further criticised SEC chairman Gary Gensler, claiming he was politically biased and sought power simply by blocking crypto industries.
The SEC has recently dropped cases against Bankman’s colleagues. Gensler has also dropped out of the SEC, ending his four-year war against crypto. President Trump has taken a positive approach to regulating the crypto industry.
Bankman suggested that he may not be able to survive his entire sentence. He pointed out that studies show that one ages at 3 times the rate when living in prison.
“The hardest thing is just not having something meaningful to be doing in here. There are studies, no idea how good they are, but they show you age at roughly three times the normal rate in prison. So you know, you have three times 25 to my 32 years when I was convicted. That gets you an answer, maybe”.