Binance Users Lock Up a Whopping $2.4 Billion for Highly Anticipated ARKM Launchpad

The post Binance Users Lock Up a Whopping $2.4 Billion for Highly Anticipated ARKM Launchpad appeared first on Coinpedia Fintech News

Binance, the largest cryptocurrency exchange, has completed the public sale of ARKM tokens for on-chain analytics provider Arkham Intelligence. The sale, hosted on Binance Launchpad, reached its hard cap of $2.5m, with a total of 114,454 participants committing 10,182,983 Binance Coins during the subscription period. Tokens were assigned based on the average BNB balance over a six-day period. Binance has now started trading ARKM tokens, and early Arkham users can claim tokens through an airdrop. Meanwhile, ARKM is trading at $0.65 on the Uniswap decentralized exchange, 13 times the public sale price of $0.05.