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It will as traders or retailers are after the hype and volume. If this project got that, whatever the concept it is, it doesnt matter. Some only based on charts info and not even care about its fundamentals. After they profit they leave. Different approach actually.
I agree. Like I said, with Binance handling the token sale on its launchpad platform is enough reason to exponential increase the pumpamenntals. The narrative on crypto twitter has changed now about Arkham. I believe their CEO held a space and explained a few things. The overall sentiments right now is bullish. For a team that reportedly raised over $150M prior to this launchpad sale, I expect the token to do a minimum of 5x from launchpad price.
Goodluck to everyone who got in via the launchpad, their airdrop or early investment rounds.