What sector is arkm coin?

ARKM coin belongs to the cryptocurrency sector, the full name is Ark Invest Next Generation Internet ETF, which tracks companies carefully selected by Ark Investment Management and related to the next generation Internet. Its investment goal is to provide investors with opportunities to acquire the growth potential of related companies, including areas involving artificial intelligence, machine learning, cloud computing, blockchain and autonomous driving.

What sector is ARKM Coin?

ARKM Coin belongs to the cryptocurrency sector, and its full name is Ark Invest Next Generation Internet ETF.

About ARKM Coin

ARKM Coin is an exchange-traded fund (ETF) launched by Ark Investment Management Company (Ark Invest) and was listed in November 2014. This ETF tracks companies related to the next generation of the internet, carefully selected by Ark's investment team.

Investment Objectives

ARKM Coin is designed to provide investors with the opportunity to capture the growth potential of next-generation Internet companies. These companies focus on areas including:

• Artificial Intelligence
• Machine Learning
• Cloud Computing
• Blockchain Technology
• Autonomous Driving

Investment Strategy

The Ark Investment team uses an active management strategy to select ARKM coins companies in. They use fundamental analysis, technical analysis and industry research to identify businesses with the potential for disruptive innovation and long-term growth.

Asset Allocation

The top five holdings of ARKM Coin as of March 2023 are:

• Tesla (TSLA)
• Hyundai (HYUNDAI)
• Palantir Technologies (PLTR)
• Coinbase Global ( COIN)
• Zoom Video Communications (ZM)

Performance

Since its inception, ARKM Coin has performed well, with an annualized return of 32.92% (as of March 2023). However, similar to other cryptocurrency assets, the value of this ETF can fluctuate significantly.

Arkham (ARKM) has been a strong performer in the cryptocurrency market and has shown great potential. The current price is $1.35 and the 24-hour trading volume is $89.5 million. ARKM has experienced a massive 15.52% drop over the past 24 hours, causing concern among market participants.

Analysis shows that the circulating supply of ARKM is 204.6 million pieces, the maximum supply is 1 billion, and the total supply is equal to the circulating supply. These data suggest that the supply of ARKM is relatively limited, which may help support its value.

ARKM’s current float market cap is $277.3 million. The market cap to circulating supply ratio is 13.6, indicating that ARKAM’s value is relatively high in the cryptocurrency market.

Overall, ARKM’s price action, supply data, and circulating market cap suggest that it is a cryptocurrency worth keeping an eye on. There is a high possibility of price changes in the future, and investors should pay close attention to market dynamics and the development of the ARKAM team.

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