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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.

Lackluster Crypto Summit Drove Crypto Market into Worse Declines The White House Crypto Summit, expected to be a watershed moment for the industry, delivered far less than anticipated. Hosted by former President Donald Trump—who has positioned himself as the "crypto president"—the event brought together top executives from major crypto firms to discuss plans to roll back the regulatory crackdown imposed under the Biden administration. However, instead of definitive government backing, attendees were met with vague commitments, leading to market disappointment rather than the expected rally. The summit, chaired by Trump’s AI & Crypto Czar David Sacks, was framed as a landmark moment following the president’s pledge to establish a US strategic crypto reserve, which would include Bitcoin (BTC), Ethereum (ETH), XRP, Solana (SOL), and Cardano (ADA). Investors had anticipated bold policy announcements, but the event yielded a more tempered outcome—plans for stablecoin legislation before August and a promise of lighter regulatory oversight. These measures failed to spark confidence, with the market reacting negatively. Bitcoin fell over 2% during Trump’s speech to a group of approximately 30 entrepreneurs, lawmakers, and officials, including MicroStrategy Chairman Michael Saylor, Coinbase CEO Brian Armstrong, and Treasury Secretary Scott Bessent. Ethereum, Solana, and XRP dropped by more than 2%, 3%, and 4%, respectively. As of now, BTC trades at $81,267.69, marking a 5.98% decline in the past 24 hours, while ETH, XRP, and SOL have also recorded steep losses. Most altcoins remain in the red despite Trump’s recent executive order establishing the Strategic Bitcoin Reserve and authorising the creation of a digital asset stockpile. Another dip: what happened this time? 👉🏻 If you woke up checking your portfolio and saw red, you’re not alone... The White House crypto summit, which many hoped would bring clarity and big announcements, ended up being a letdown. 🪭 Trump kept things vague, and no real… pic.twitter.com/wb47EVBgVM — CABANA (@0xCabana) March 9, 2025 Singapore-based digital asset trading firm QCP Capital wrote in a recent note: “The knee-jerk reaction lower likely stems from the realization that no actual budget has been allocated for Bitcoin purchases in the near term.” Is liquidity drying up? Trump Tells Citizens to Never Sell Their BTC Trump criticised the federal government’s decision to offload large amounts of seized Bitcoin, calling it "foolish" and suggesting that the US should adopt an informal policy of "never sell your Bitcoin." TRUMP: "Unfortunately in recent years the US Government sold 10,000s of Bitcoins that would have been worth billions of dollars. Mostly under the Biden Administration. From this day on America will follow the rule that every Bitcoiner knows very well: NEVER SELL YOUR BITCOIN." pic.twitter.com/eeYqJMKlgv — Vlad Tweets (@ANN_News92) March 7, 2025 Bessent echoed this sentiment, stating that Trump’s executive order would position the United States as a global leader in digital asset strategy. Highly Anticipated Bitcoin Reserve Was Just a Repackaged Deal The reserve did not involve new Bitcoin purchases but merely repackaged Bitcoin already seized by law enforcement in criminal cases. There were no fresh investments, additional funding, or timelines for future acquisitions. A separate “digital asset stockpile” would be established for Ethereum, Ripple, and other confiscated tokens, though without any government investment. The executive order also stipulated that any future Bitcoin purchases must be budget-neutral, ensuring no cost to taxpayers—effectively ruling out large-scale acquisitions. Jeff Park, an executive at Bitwise, lamented: “We asked for too little. Having only Bitcoin and not the rest of the altcoins in the strategic reserve is not a win. ‘Exploring’ or ‘studying’ concepts is not a win. ‘Not selling’ is not a win. None of these things at the core require an EO at all to do anything.” If being popular was my goal, I’d jump on the cheerleading bandwagon for the announced strategic reserve as a game-changer like everyone else. Of course I am thrilled at the idea of a strategic reserve in the US where bitcoin is finally being recognized. But as someone who at… — Jeff Park (@dgt10011) March 7, 2025 Investors Underwhelmed by Trump’s Promises At the summit, Trump reiterated his vision of making the US the “crypto capital of the world,” but investors were looking for more than rhetoric. The White House framed the Bitcoin reserve as a “digital Fort Knox,” arguing that retaining seized Bitcoin instead of selling it off unpredictably would be more financially prudent. Sacks pointed out that past government sell-offs had often led to missed gains, as Bitcoin’s price rose after liquidation. Confusion also arose from Trump’s social media announcement, where he mentioned three non-Bitcoin cryptocurrencies as “founding tokens.” Many assumed this signalled official recognition, but White House officials later clarified that these tokens were merely part of past enforcement seizures. Further dampening expectations, Trump dismissed speculation about eliminating capital gains taxes on crypto—a move that had gained traction in online communities and could have significantly impacted the market. While regulatory pressure from the Biden administration has eased, investors were hoping for tangible reforms to drive the market forward. Trump’s own crypto involvement has been unpredictable. Before taking office, he launched a meme coin that briefly inflated his net worth by billions before crashing. Now, as president, he has vowed to end the federal government’s “war on crypto,” but the summit underscored the gap between words and action. Trump exclaimed: “We feel like pioneers.” His executive order directs the Treasury and Commerce Departments to explore “budget-neutral” Bitcoin acquisition strategies but stops short of using taxpayer funds for direct purchases—an approach that left many investors underwhelmed, according to David Lawant, head of research at FalconX. He wrote: “Bitcoin tumbled about 5% immediately following the announcement before partially recouping most of the losses, reflecting short-term expectations that the U.S. government will not be immediately committing to acquiring crypto assets in the open market.” Some Industry Analysts Optimistic Still Despite scepticism, some analysts view the executive order as a pivotal step toward Bitcoin’s institutional acceptance. The order formally establishes a Bitcoin Strategic Reserve, distinct from the Digital Asset Stockpile, which will include a mix of altcoins such as Ethereum. The reserve will be seeded with Bitcoin seized through criminal and civil asset forfeitures, though the exact allocation remains uncertain. Currently, US government wallets hold approximately 198,000 BTC—valued at $16.1 billion, according to Arkham Intelligence. However, a portion of these holdings originates from exchange hacks and may be subject to restitution, limiting their availability for the reserve. The order also mandates a 60-day Treasury review to assess the reserve’s legal and investment framework. Additionally, the Treasury and Commerce Departments must explore budget-neutral strategies for acquiring more Bitcoin, such as reallocating a portion of US gold reserves or leveraging the Exchange Stabilisation Fund—without burdening taxpayers. Vincent Chok, CEO of First Digital, explained in an email: “The U.S.’ prioritisation of Bitcoin as a reserve asset not only legitimises its status as “digital gold’ but also sets a precedent that could accelerate regulatory frameworks and drive institutional adoption worldwide. This move will inevitably prompt a diverse range of responses from global regulators." He added: “For those aligned with U.S. policy, it could accelerate the establishment of their own national strategic stockpiles. Such federal confidence could inspire institutions to move on-chain, increasing participation, injecting liquidity into the decentralised finance market, and broadening interest beyond Bitcoin to other digital assets like stablecoins.” Will a More Concrete BTC Plan Be in the Horizon? The pressing question now is whether Congress will step in to establish a long-term Bitcoin acquisition strategy. While an executive order can shape policy, only legislation can solidify Bitcoin’s role within US financial reserves. The upcoming Bitcoin for America event on 11 March, led by Senator Cynthia Lummis and the Bitcoin Policy Institute, is expected to influence the debate on legislative action. Meanwhile, traders are seeking regulatory clarity while also grappling with the broader implications of Trump’s trade tariffs, which have unsettled global markets and pressured risk assets, including crypto. As uncertainty persists, could Trump’s presidency pose new challenges for the future of digital assets instead?

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⚡️ INSIGHT: Real-world asset (RWA) tokenization is taking off, and Layer 1 blockchains are at the center of it. But why does having an L1 specifically for RWAs matter? And why was launching one early a game-changer?

@MANTRA_Chain 4️⃣ Why timing matters: Launching an L1 is more than just technology. It’s about ecosystem growth. The earlier a blockchain is built, the faster it can: 🔍 Develop regulatory frameworks to support real-world adoption. 🤝 Secure important partnerships for tokenized assets. 🔗 Inte