The post Arkham’s KOL Label Aims to Enhance Transparency in Influencer-Endorsed Meme Coins appeared on BitcoinEthereumNews.com.

Arkham Intelligence’s recent launch of the KOL Label raises pivotal questions about the integrity of influencer-backed cryptocurrency promotions. As influencers gain financial incentives for endorsements, it has become clear that a staggering 76% of their promoted tokens fail, igniting calls for more accountability. Arkham’s new tool may expose potential deceptive practices, with one influencer stating, “Biggest scammer on top! Now everyone can watch your wallets,” highlighting the market’s demand for transparency. This article explores Arkham’s KOL Label, which unveils influencer token holdings, shedding light on cryptocurrency endorsements and their reliability. New Arkham Feature Lets Users Track Influencers’ Token Holdings The recent update from Arkham Intelligence introduces the “Key Opinion Leader (KOL) Label,” enabling investors to track the wallets of influencers boasting over 100,000 followers on X. This feature aims to clarify whether endorsements are genuine or merely paid promotions. “Influencers with more than 100K+ followers on Twitter/X are now tagged on Arkham with a new label: Key Opinion Leader,” the official announcement stated. This addition to their platform empowers users to sift through noise and discern the authenticity of promotional claims. This move has sparked extensive discussion within the crypto community, intensifying scrutiny on influencer-endorsed tokens, particularly amid a wave of meme coin launches. Investors now have a tool at their disposal to assess whether their favorite influencers truly believe in the tokens they promote. “Biggest scammer on top! Now everyone can watch your wallets. But they should know y’all have multiple ones,” commented a user on X, illustrating the skepticism pervading the market. The introduction of the KOL Label embodies a response to growing apprehensions about the **credibility** of influencer endorsements. Research indicates that a whopping 76% of tokens endorsed by influencers fail to achieve sustained value, often witnessing plummets of over 90% within a short span of three…

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Filed under: News - @ March 9, 2025 10:27 am