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The new trend now is the Arbitrum airdrop, for those people who are not yet aware: Arbitrum to Airdrop New Token and Transition to DAO (https://www.coindesk.com/tech/2023/03/16/arbitrum-to-airdrop-new-token-and-transition-to-dao/).

Moving on, what do you think about the starting price of the Arbitrum token when the claiming of airdropped tokens will start around 5 days from now?

I already lot of speculations that are comparing it with other layer 2 tokens that did airdrop also before like Optimism.
Some people tell it will be $1-$2, and some are starting will be $2.5 and some also telling 2 digits numbers that start at $10.

Some exchanges now already have "IOU" Arbitrum tokens whose current price now is already around $10.

(Take note that this is not yet the real Arbitrum token, this is just an IOU token across the exchanges right now.)
https://i.imgur.com/OIqL8BA.png

Arbitrum is indeed a trending topic and always appears on all my social media homepages.
Many people get airdrops from interactions made on Arbitrum.
However, I was not lucky this time, because the transactions I made did not meet the requirements.

As predicted by many people, the price of Arbitrum is predicted to touch the price of $1-$2.5 and that is a fairly high price if you look at the 10B ARB Supply.

See the price prediction and comparison made by DropTab
https://i.postimg.cc/1XpGy22L/Whats-App-Image-2023-03-18-at-14-28-51.jpg

But the Exchange that is now listed as the OP explained, is the Arbitrum IOU Token and only exists in Internal Exchange such as Hotbit and XT (cannot be transferred to other exchanges). This token only follows the Arbitrum hype and is not an Official token. But those who don't know will be fooled and buy it at $10.

https://i.postimg.cc/G2TP5HQ3/arb.png

The distribution date is March 23, 2013, and it will be a busy day for the Arbitrum Blockchain.
All major exchanges are getting ready to list the ARB Token.

For your information, the allocation of Arbitrum Token (ARB) is divided into 5 parts.
https://i.postimg.cc/3NMj5YSX/content-Arbitrum-ARB-Allocation.png

The distribution of Arbitrum (ARB) is as follows:

   - 17.53% is allocated to Investors
   - 1.13%   is allocated to DAOs in Arbitrum Ecosystem
   - 11.62% is allocated to Individual Wallets
   - 42.78% is allocated to DAO Treasury
   - 26.94% is allocated to Team and Future Team + Advisors

Note: According to Arbitrum website, 12.75% of the $ARB token supply will be airdropped on 23 March 2023, with 11.62% allocated to users and 1.13% to DAOs. The initial supply of $ARB token is 10 billion.

Yesterday I just got allocated from Airdrop about 1K $ARB tokens, but regarding price speculation it is obviously quite difficult, some analysis comparing Layer2 token prices which we have seen a lot shows that $1 is the ideal price following the Optimism launch scheme. In addition, with a large enough community and support from Arbitrum investors so far I hope to be able to provide something different.

On the Youtube channel, they do a Podcast where the 23rd is a special date if we look at official Twitter they make a video clip which is of course very surprising. Because from the start the plan to launch the token did not come to mind. After much discussion with Nansen, they finally agreed to drop their first Airdrop which we will claim on March 23rd.

Seriously?  10 bucks per ARB?  So if I have 5000 of these babies I get an airdrop worth 50k USD?  That might just save me from all my trading and sports betting losses for the past 24 months and be in the green.  Lmao.  

Did anyone in these parts ever use Arbitrum to get in the airdrop.  I visit the alt discussion section from time to time but it seems like we're mostly behind on the info.  Like most of the discussions there are total sht now.  There aren't even funny guys who FUD no more.

Edit:  Btw...  Thread belongs to the altcoin speculation section.  But I guess you started it here with a purpose..?  C'mon, how many $ARB are you getting?  ;D

Wow, you get maximum tokens from one wallet that is eligible to receive the airdrop, but imagine if the price is $ 1 then you will get $ 10k just by participating in the airdrop, but the price can be higher if binance announces that it will list ARB on the day of the airdrop distribution. Now several markets have confirmed the ARB listing and even hotbit is trading the ARB for $10, hopefully the $10 price will last until the airdrop distribution

When I look at some of the developments surrounding this big event coming from Arbitrum, I see its attraction. And given the price speculations, it is understandable that it will be in the top 10 cryptos. So setting an exact price target for me is not so necessary as this is a leading project in the L2 space so I think there will be a lot of hype associated with it, good timing anyway. holding multiple ARBs would be an option that I prefer.

Hello guys, look at the beautiful chart of airdrop distribution from Nansen, since Nansen helped Arbitrum about distributing the airdropped tokens of Arbitrum from the given snapshot date which is February 6, 2023.

As Nansen said: "The median airdrop size is 1,250 ARB. Over 4,400 addresses are able to claim 10,250 ARB"

The higher addresses are the 1000 - 2000 airdrop size will get.

https://pbs.twimg.com/media/FrZKDoZakAEE9lY?format=jpg&name=medium

I was about to create a topic about the benefits that exchanges are getting out of IOU tokens? I am sure that the project teams are not responsible for this listing, they did this on their own for some unknown reason, since I have knew about IOU listings, I have never seen a reasonable price before, the price is always higher than the real token, yet some people will buy IOU tokens first, crazy.

I am guessing they are making some big amount of money from listing IOU tokens?

Cool.  I have a feeling that most of those wallets with less than 2000 or so tokens would be selling them and take profit as there's a huge possibilty that most of them are not really regular Arbitrum users.  Was it last year when Arbitrum had some sort of gimmick about having different mile stones for users to achieve to prep for the airdrop?  But then Arbitrum's devs decided to drop it because it was being gamed by cheaters?

Anyway as for 10 USD per ARB, that's like around 10 billion market cap.  Does anybody really think it would be that right off the bat?  Kinda sketchy imho.

Pure speculation, there is already a lot of comparisons happening between other layer 2 networks that did airdrop before like Optimism.

Check this photo:
This is mirroring the market cap of other chain networks, this is just speculation or prediction. The majority of people really predict the price could be around starting at $1 - $5. So, let's wait for it.
I also love the airdrop distribution because there are only a few people who got big sizes.

https://pbs.twimg.com/media/FrYes-VWwAEjOI8?format=jpg&name=medium (https://twitter.com/bxresearch/status/1636529275078574080/photo/1)

Lol, Sorry
It seems I mistyped it should be 1K $ARB tokens instead of 10K. Until now, the hype continues to increase and everywhere, both on the Telegram channel, Twitter, and Facebook, there is a lot of talk about Arbitrum. I'm having a hard time digesting whether in the end this will really have a fantastic value or vice versa. So there is too much speculation that makes us even more impatient with the official price later. Btw the 23rd will be the date when many exchanges will trade $ARB such as Mexc, Kucoin, Bybit, Huobi, and several others exchanges.

Are those wallets and balances that have got 89k in ARB tokens something real? I've seen people posting their stuff and eligibility for this token and even if the token just goes $1, that's already a massive win for those people that will receive thousands of this token.
I guess those speculations about it starting with $1 is good enough and that's what you can get from the initial price of it once it's already in the market. Many will sure start to dump ARB once it's being launched and distributed all of the tokens for the eligible participants since many exchanges have already expressed their listing for this token.

Those are real since some hunters are using multiple wallet and yes, it is expected to dump right away as many will take their profits as much as possible, official listing price are not sure as well but if its a $1, that can still be a huge profit to many. I was not able to participate on their airdrop, maybe I can just wait for its price to normalize if I really see good opportunity here, there’s a good hype but I know it can be more risky if you will buy at the listing date.

I see this too, but I know there are truths that are even scarier than that. Some MMO teams have exploited the ARB campaign before, some groups that I know of they released thousands of wallets that received the airdrop.
And not only from arb but I see in the arbitrum ecosystem there are also a lot of projects with airdrops.
Just a little calculation, I can see that they can earn millions of dollars after each airdrop event like this. Indeed, with the normal use of tasks, professional cheaters can absolutely earn huge amounts of money, indeed this is a way to earn a lot of money.

This happened before from Aptos most recipients dump their coin at 5-7 usd not knowing the potential and after some weeks price pump even higher, this can also happen in ARB airdrop so better wait for bull market, I can predict from 2-3 usd for some weeks and 5-10 usd after some months so better buy the dip if below $1 and hold till bullrun. 

Today, Binance released an announcement of the upcoming ARB listing: "Binance will list Arbitrum (ARB) and tentatively set to open trading for these spot trading pairs at 2023-03-23 17:00 (UTC)" - https://www.binance.com/en/support/announcement/binance-will-list-arbitrum-arb-c9cae13aa4ed405e97af29da3e509b46. Such a listing on the largest cryptocurrency exchange should significantly increase the price of ARB.

IOU token was just only a temporary token. It's issued by exchange site itself which will be replaced by the real token in the future. IOU token price could be used as a measurement to determine the real price. Believe me, it will be dumped to the 10 cents - $1 range depending on what price in another exchange site. The price will be the same as binance once the official token will be fully launched.

Got a few thousand ARB. I expect the price will be less than 1 dollar. I meant if arbitrum will have more tokens to be airdropped compared with OP. It will have more supply available in the market and it's around almost 4x more supply compared OP in circulating supply. People have very big expectation for ARB to reach $10 or even $100 which is non sense.

A few thousands dollars are good enough for me consider it's a free money.

it looks like arbitrary token prices can be at 2$, 3$ per coin. if it is below the price of 1$ there will be a possibility of an increase waiting for the next few months to reach 5$. like UNI no one will know once a few months up significantly. ethereum network big project always best create great price which happened some time ago

Are you also considering the token max supply? I don't think it makes sense to compare UNI with ARB, their total supply is far from each other, big quantities of number.

Uni swap has 1,000,000,000 max supply
Arbitrum has 10,000,000,000 max supply

The extra 9billion is not a small amount, that's x9 of Uniswap total supply.

That's fine, I guess.  But one thing a lot of us miss in trying to price these things is overall market sentiment and the perceived future potential of the project aka hype.  And right now, overall market sentment is fairly bullish and there's lots of hype with the project.  So I feel like it's gonna be priced more than 5 bucks per token on the get go and rise fast from there then evertually starts slowly descending to a tad above a billion market cap.  Dunno..  Could be so wrong here as a lot of people have been waiting for an ARB token for so long.

Edit:  Typo

Yeah, the Hotbit IOU represents nothing and shouldn’t be taken seriously. People are saying the current OTC price is around $1. BitMEX also launched (https://blog.bitmex.com/arb-listing/) a new futures contract for ARB (https://www.bitmex.com/app/trade/ARBUSDTM23), which currently trades at $1.27. To be frank, I would consider the BitMEX contract to be more reliable and significant than the Hotbit IOU.

BitMEX price is more accurate, I don't expect anything less than 1$ per a arb token, the 10$ that some people are crazy about can only happen in a Bull market, I also hope for some massive dip, for the opportunity to buy some tokens at a cheap price, if things don't go well for buying opportunity, I won't bother with Arb token, good luck everyone.

Yes, that is our last hope which really wants to hear from the biggest exchanges. Until I calm down enough and make good use of the selling moment. Although this is the result of an Airdrop at least I am quite happy that almost all exchanges simultaneously announced $ARB. Maybe, as we already know, the Airdrop sender will actually sell, so I made 2 options by preparing capital as well as preparing tokens to sell.

Now there is no pressure from sellers and this may explain the current price. But what will happen to the price when 1 billion coins are thrown into the market, which went to their owners for free? At the BitMEX exchange, supply and demand are currently approximately equal, which is why the price stopped at these values.

Yeah, it s for sure a big profit for those that have taken a lot of it and I've just seen some updates of it that Binance is going to list it as well so that's for sure big liquidity is coming to this token. I'd probably just buy and profit from it while it's early but still, we need to keep researching.

Well, they know how they're making money on it and no doubt with first, the developers are going to earn huge on this. And for those cheaters that do abuse airdrops like this, it's temporary that they'll earn quite big but soon, they'll be caught and might disqualified with the distribution. If, the team conducts another testing and checking of the eligible participants.

arbitrum project under ethereum auspices is a strong support and reaching the price of 1$-5$ is very achievable. I do not equate with the price of UNI which can touch 20 $, of course supply is important in determining affordable price predictions. What I'm talking about, the significant average that has always been experienced by projects under the auspices of Ethereum.

Yup, defenitely! I remember during Casper's ICO there was an IOU that was worth $20-30. The Casper launch was around a $1.

Since there will be a major dump in the market from the hunters which is the normal scenario in the market, I expect a below $1 listing price but eventually its price will start to pump after the selling pressure so there's nothing to worry about if you are not able to get any ARB during the airdrop because you can still buy at a cheaper price. ETH projects are more reliable, it makes sense that they choose this network because they are a good project, will wait for its bottom price this coming week.

there will be a massive sale of ARB on the market on the 23rd tomorrow, as has happened with UNI, APTOS, the thing that will happen is that the price will drop massively. surely after a few months the airdrop holders have run out, there will be an extraordinary increase. definitely wouldn't miss buying ARB at dump prices

Given the fact that team members and early investors have a lock of coins for 4 years, while they will start receiving the first payments in a year, we can expect a further increase in the ARB price, but only after the dump, which will occur in the first days after the listing.

It takes around three weeks - 1 month for the token to stabilize its price first. OP and Aptos have almost the same pattern. The hunters will be dumping the price first as they expect to get free money as soon as possible. OP and Aptos started to skyrocketing after the dump by hunters. I saw an opportunity to make bunch of money. OP did 5x from the lowest price and aptos was 6x.

Will the same story occur again? It's worthy enough to gamble.

When a friend told me about the Arbitrum airdrop token, which will soon turn those who qualify into millionaires in a short period of time, I was shocked. I was asking myself why didn't I get this kind of opportunity on a platter of gold. Like finding this kind of airdrop token that is worth a fortune.

Any price at which Arbitrum is sold on exchange will be a good one because there is a high probability that its value will rise more as the bull market approaches. Their investors will certainly be at profits

Indeed today's airdrops still do some really great things, I see like many other cases where many users can get up to millions of dollars in the past.
I myself have received a lot of APT, UNI, OP,... actually, I find it not too difficult to track them into use and then receive the reward.
With ARB this time I feel is an appropriate time to bring to the community, perhaps many people here will soon have a happy laugh with ARB.

this is a great news for all those who have or may gather more Arbitrum  though I am one of those who are not lucky because I denied accumulating this while friends keep asking and telling me to gather this but sadly i did not  :'(

Hope that this will at least cross 2 dollars as an airdrop price to the next coming days.

Of course, it's bad that you didn't listen to the advice of your friends and didn't read my post that I published on June 8, 2022 about the potential opportunity to get airdrop from Arbitrum https://bitcointalk.org/index.php?topic=5400961.msg60314493#msg60314493. In addition, the program "The Arbitrum Odyssey" should continue, the official representative reports in the Discord, and this may bring us additional profit.

https://i.ibb.co/DwPvLmK/2023-03-21-140107.jpg (https://ibb.co/5sXS2Cc)

Like many people here I really believe in Arbitrum with what they have shown all this time, I also received the ARB airdrop. And really, for me like many other airdrops that I have received and especially I also see a bull cycle that can happen next year, my holding of ARB, will need to be prioritized over selling.
My speculation about the price of ARB at launch is also speculation, I think the starting marketcap will probably be $5B, so I'm pretty confident in the long term growth.

Honestly, this IOU is just like giving people false hope. Arbitrum at that price will be 100 billion fully diluted market cap which is too much for the current crypto market if im not mistaken. So, comparing ARB to matic, I can still predict the current price on bitmex which is 1.33 usd.

my highest prediction for this token is 2$, and will be dump hard if all airdrop sell their token, already see aptos an optimism.
so this one will like that, just let see in 23march.

Such a number of coins will appear on the market only after 4 years, when all ARB coins will be fully unlocked. During the first year on the market, Circulating Supply ARB will be only 12.75%, which corresponds to 1.275 billion. Therefore, with an ARB price of only $1, the Market Cap will be only $1.275 billion.

The large attraction of this coin will continue to increase in the following days when it is officially traded. And I believe most of us here are feeling excited about this launch. I think the price will vary depending on the number of airdrop sellers, but it wouldn't be too surprising when the project comes out with billion dollar valuation.

The announcement from Binance has convinced the ARB community that the value of this token will be better, even though I don't know later, but indirectly we are also happy with this concurrent announcement about the ARB listing.
I will not prepare these two options, let alone buy, I don't want to be a fomo, but I will maximize the results of the airdrop. We'll wait to see if the token is worth selling or will it be held for a certain period because some people think tokens can go up again from the start of the listing.

ARB is a top concern for the altcoin market right now, but the ratio seems inadequate 12% airdrop, 87% for team/DAO, 1% for ecosystem dapp development.  Perhaps the stimulus is not much but for the investment opportunity is clear.  price <1$ could be a better opportunity. I’m focusing on observing the price movement/response to seize.  2 more days to wait

It is possible to see more price action once the trading begins, if this happens we won't notice any dump from the Airdrop winners, but things will surely cool off later, whether I will join the FOMO or not depends on the price action, if the price isn't enticing enough I will change my mind and walk away, Arbitrum isn't the only project that can bring high ROI in future.

$Arb token launch is the most anticipated event in the space for now, $10 for IOU tokens seems fair but one thing I suspect is that the price is likely to trade close to $1 for some time, just to allow those people that want to dump to dump their tokens first before pumping it higher, just like $OP tokens, it listed and dump to $0.4 and now trading close to $3. I believe the big pump is coming when the Seed investors' tokens would be released, their price is $0.12 and I believe they will likely be looking for 100x Return from this investment

I think exchanges will have to ask permission about the project teams because this may cause a damage to their project but at the same time, the exchange can put up a disclaimer. I don't think they come up with this idea for no reason but I think you are right that the exchange can benefit with it and maybe the project owners too?

As it can give a hype to their project. For those who are not new in these IOU stuffs like you, you already know what to expect and you already know the do's and don't when it comes to these matters. Now it's all up to those newbies if they will fall for these schemes or not but it would be better if they don't as it seems too risky.

It's all speculation about future prices anyway, and it's good to see its own risks and opportunities.
With ARB no doubt receiving a great deal of interest from the crypto community, perhaps in the near future we will soon see a boom from ARB in this space.
Of course, the altcoin market always has a lot of other options, but honestly, I have absolute faith in this project. I have no fear that the price will go out of control because the airdrop is too big for the community.

To an extent, yeah.  Bitmex is where it's at as historically it has always set the trend mostly.  Bitmex and Bitfinex...  But then again, volume isn't really that high.  Just a tad over 600k USD the last time I checked.  And with ARB listed in almost all of the top exchanges, we could see it get bought up to 2 bucks and get over that easily imho.

At least that's what I think.  BTC and crypto overall seems fine overall after a bad US session in the stock market.  Different story if everything went uber red.

Edit:  Just an hour to go before the airdrop.  GL to those eligible! 

How did you claim the ARB token? Unfortunately I couldn't claim earlier because the website was down and at the time of listing the price was above $10 then it became a dump because of the disposal of tokens resulting from the airdrop that they claimed and then sold it.

Now ARB is at $ 1.3 with a decrease of 88% then are you going to hold or sell it?
I think the potential to go up is still possible because they already have quite a large daily volume.

I believe the price of the Arb token will increase soon because 60% of airdrop participants have sold all their tokens, now there will be some retracement and maybe in a few days we will see this coin going back to 3$, this is not inevitable as any thing can still happen later on, I am not sure if the price will go under 1$ anymore.

Of course, everyone dreamed of selling their coins for $10, but the realities turned out to be different. I sold all ARB coins at a price of $1.43 and I believe that this price is fair today. Anyway, I am satisfied with the profit I received and now I will patiently wait until the price goes down several times to buy even more ARB.

I think $1.3 or $1.43 is a decent price for those who got it for free, people were literally handed free money for doing less complicated tasks. since the majority have not got the opportunity to claim their free tokens, the probability of arb going further down is high, so selling now at this price seems to be a fair trade. Some people will be claiming as high as 10k arb tokens which at this present price is about $14,300 free money. This is a good price but also the future is very bright for arb tokens.

leaving ARBITRUM tokens usually there will be an airdrop for the ARB holder category, even though it's still just starting. I see that the ecosystem is very large and there are many airdrops that will come again. as already happened, UNI,APTOS,OP. ARBITRUM to return to high prices will take a little longer, maybe 3 months.

even if it valued $1 it's already fair enough since everyone that receives airdrop could always wait long term since this is a good coin, in long term certainly it will increase in value.
and I honestly think that below $1 it's already good price for investment long term, even though there are many good project upcoming.

Thats really good price. Binance to list arbitrum will bounce the market unlike its potential. Already the market of arbitrum is predicted to give good return through its development. Whatever the price, people recieving it for free is really good and can hold it for long term than just trying to speculate the price on launch.

I claimed it manually through arbscan. It was working when the main site down due to the so many traffics that came at the same time. I have sold mine @$7. People who didn't know how to claim by interacted with contract unable to sell their token as high price.


I have sold mine and i will not prefer to hold it. it's caused by the price may potentially to go down again. I just atke the chart from another coin like aptos as the best example. OP was also showing pretty much the same chart like arbitrum.
The chance to go up is still there consider the marketcap of arbitrum was not so big right now.

I am contemplating if I'll buy this at $1 because I've been computing and considering the market cap of it right now. I'm trying to learn the same thing with optimism and I can see that it hasn't moved a lot.

I already see it's on Binance with USDT pair and I've got USDT there and trying to think if I should grab it but then, I think that I'll have to wait for some more days if there will be an interesting event that might happen on it. I'd buy probably if it goes $0.5 in an instant or even lesser than that price. But if there are winners on this token, they are those people who have received a lot from its airdrop. Those that have received from hundreds to thousands and I think close to a hundred thousand. They're lucky indeed.

I saw few comments on Twitter to claim it manually but didn't out of fear. $7 was a good price, it will take a while for arb to stabilize in that prize point again. If I was you, I would buy back and at least get the airdrop portion back.

I missed this Airdrop opportunity but this does not mean that I miss the ARB token. I bought some ARB tokens at the current price of 1.4$ and will continue to buy if it dips further. This project has too much hype and i think we can see 5$ ARB price in very near future.

Many people got the Airdrop and i think most of them have sold it by now, so i do not expect it can go further lower from here.
i saw it was listed at Kucoin at 10$ and believe me this project has the hype to go 10$ again.

What do you guys think the best price to buy ARB, especially for those who did not get the airdrop?

Personally, I only heard of Arbitrum a couple of days ago, so missed out on the airdrop and will also wait a bit to buy it. I don't know the project and there seems to be a hype surrounding it (all major exchanges have listed it) but the price will fluctuate a lot in the beginning. Hopefully your investment pays off, but I am always careful with hype projects.

Congrats and enjoy the gains but did you sell all?  I think it's still too early to be selling as I feel like it's kinda undervalued for what it really is.  ARB is not vaporware.  It's a working L2 that's fourth in TVL rn.  And check some of the coins up there at the top 10 - 15.  We got SHIB, DOGE, LTC and ADA..?  ARB is better than those imho....  By a mile.

I could see ARB start getting up there at the top 10 in CMC sometime around summer of 2024.

Edit:  Typos.

Wow you are great to get a higher price, well we don't know the way so we just claim as usual and indeed this is due to concurrent traffic.
But I'm still pretty happy getting the big free money from the ARB airdrop.

It is your decision to sell everything the same as I sold all of ARB's ownership which was generated from the airdrop, currently those who claim are only 70% more I saw the news on Twitter there is still some left where there will be disposal of ARB tokens.
To buy this token, just wait a while until this claim is 100% complete.

I do believe the $ARB token has the potential to be in the TOP 10, just look at the list of the projects in that are above it on the coinmarketcap, Doge,  Cardano, Shiba, Ton, Stellar  etc. I do believe it should be above Cardano, I do not know what Cardano offers to justify its current Market cap and most of these tokens listed.

When the time comes for investors to unlock coins, then the market capitalization will increase and, accordingly, the capitalization of ARB will be higher than the projects you have indicated. But during the year, Circulating Supply will remain unchanged, so we will not see significant changes in the Coinmarketcap rating until March 23, 2024.

Projects with initial airdrops will have pumps and dumps in early days and weeks because airdrop receivers don't have any reason to hold their claimed tokens. They are like bounty hunters who need quick money and will dump their 'free' tokens when it get listed on exchanges.

Very few bounty hunters do their due diligent research and actually understand about a project and have solid belief in it like real investors. Who have belief will hold their tokens as investment from 'free' tokens.

A story of Uniswap airdrop (300 $UNI for each airdrop receiver) is still here. Most of them sold $UNI about $4 and got $1200 that is very great reward for their experience on Uniswap in early days. Months later, $UNI made its all time high about $40 and if any airdrop receiver hold it till $40, they will get $12,000.

I don't know about future of Arbitrum but if you have belief, you can hold the token a few months or till 2024 bull run.

Check vesting time and unlock schedule
- https://vestlab.io/
- https://token.unlocks.app/

Uni airdrop was 400 uni per address and it reached ath close to $50, so close to $20k. I was one of who sold early and later regretted. But, ah well, life goes on.

according to coinmarketcap, ARB token started trading at $11.14 and now the price of ARB is $1.25, that is according to my expectation, because in my opinion $1 or even below $1 is the right price for ARB at this time, because the total supply is 10,000,000,000 ARB and circulating supply 1,275,000,000 ARB, so in my opinion a price above $10 is too high for ARB right now.

Yes, I have faith in this project and that it will take an honorable place in the Coinmarketcap rating in a few years. But I am also confident that I will have the opportunity to buy more coins for the money that I got from the sale of airdrop. In principle, it is already possible to buy ARB at a price 17% lower than I sold.

Well it looks like Arbitrum is going to get a good place in the Coinmarketcap rankings right now it's only the beginning so there haven't been some bigger changes but the potential is clear enough where the community believes the ARB token will go up again in the future but right now I still looking for a price below $1 to buy back while dumps continue.

But we look forward to the next few years, at least when the bull run comes, what will happen, of course, with coins that have good criteria, they will soar at even higher prices.
I'm still continuing to do an analysis of this token, how is the price movement in the market.

Is it really worth it to take the risk to sell all then come back lower?  I mean if the price action took ARB from 1 to 10 USD right off the bat then I'd def think there's a really good reason to sell and buy lower as those kinds of price action aren't sustainable.  But with the price action it's having right now?  If you sold around 1.40 - 1.50, I guess your buy back target is under 1 USD?  It doesn't seem like it'll happen judging from how it looks like right now..  Dunno...  We'll see in a couple of weeks. 

All I can say is congrats to those who got the airdrop and anything under 1 USD is a fist pump buy. 

They have a huge supply but considering its technology, I’m sure its possible to reach the price of $10 but it will take time or maybe can only happen in the next bull run. The hype is slowly fading since the airdrop is done already, let’s see in the next few months the trend of this token, I’m still bullish with $ARB though and I’m just waiting for the right time to accumulate more.

Do you personally know someone who was able to sell ARB at a price close to $10? By the time the price was trading at this level, no one had yet been able to get their airdrop and, accordingly, only those coins that were provided by the project as liquidity security were traded on the exchanges.

agreed I think $1 is already good enough value, but I guess if the project itself is getting better by the time, then it might eventually recover back to $10 but honestly this $10 price for ARB is just temporary rise caused by the fact that it was first getting listed in the exchange. many are overvaluing the ARB at that time.

We have makishart who sold at $7, I'm sure there ought to be people who sold it at even higher price.

There were single sided liquidity pools available and people had filled it with millions before the launch of arb. I am not aware of arbitrum project filling pool, there was no need for it.

With the huge amount of airdrops to the arbitrum community, am surprised the price of arb is still above $1, I was really hoping to see it under $1 to be able to buy a good amount.
I can't really specula but I think arb can go as high as $5-1o in thr next bull season

I see definitely ARB going over polygon ath marketcap at some point, when ever the bullrun starts it will climb there matic is, so i see ton of room o grow. i have bought 1.4 and 1.3 and keep on dollar averaging this slowly as i didn't get the airdrop. People who are selling their airdrop, i don't understand their reasoning, after all they have used this and know how powerful it is.
Maybe they think they can catch the falling knife but that definitely wouldn't be my tactic with arb right now

I completely agree that abusing airdrops is not only illegal but also illegal and unethical. Misuse of the airdrop will lead to a loss of user trust and can have serious consequences for the reputation and development of the project.

If the participants of the airdrop do not meet the conditions of the program, then they should not receive the reward. Misuse of airdrops is not only a violation of the rules of the program, but is also an act of fraud and can be prosecuted under the law.

However, sometimes some still show their ability to adapt well to the rules to monetize the vulnerabilities.

I might add that it's not only based on my feelings about it but the collective emotion and it"s on hype phase as coinmarket has listed it most trending in both 7 days and 24h timeframes.

https://i.imgur.com/sCkNmfq.jpeg

This means ton of free advertising slowly affecting people and before we know it, it will be on FOMO-phase.

Only slight problem i see is that governage model is never going to be as hot in terms of tokenomics game theory.

I am sure that not everyone who sold their airdrop will continue to buy ARB even if the price of the coin decreases. And I would not be surprised if part of the proceeds will be withdrawn to fiat to meet material needs. And perhaps some more part will be invested in another coin, which in his opinion can bring even greater profit.

imo, people need to learn more about Arbitrum and other crypto projects, master their knowledge and assess risks before making investment decisions. Speculation is a risky activity and is not recommended. Arbitrum speculation can involve significant risks and losses. Arbitrum speculation requires a high level of investment knowledge and experience, and is not suitable for beginners.

To me, Arbitrum is a Layer 2 platform on Ethereum that provides scalability and transaction acceleration on the Ethereum blockchain. With Arbitrum, transactions are done quickly and transaction fees are lower than those done on the main Ethereum blockchain. And I have full confidence that it will always maintain its position in this market, before receiving another growth.

Not that huge of an amount imo.  And what I'm really surprised about is it didn't pump hard right off the bat.  I mean for a token that had a bit of clamor when the network was first launched, it didn't get the anticipated demand to pump it above 2 USD from the average listing price of 1.00 - 1.20 USD.  It's not even 2x that.

I guess there will be a couple of weeks accumulation before a 3x or something.  But it doesn't matter..  I'm treating it as if the airdrop didn't happen.  Lol. 

First of all, early investors are interested in pump ARB, but their coins are locked for 4 years. Accordingly, when their ARB unlock starts in a year, we should expect a pump of this coin. Anyway, I see this scenario every time with other new coins.

Your opinion is insightful and I did bookmarked that page https://token.unlocks.app/arbitrum

I did it to not forget about Vesting allocation, Vesting Schedule and next unlock of $ARB token.

Two other sites don't have information for $ARB but I usually use those sites too.
https://vestlab.io/
https://www.team.finance/

Dunno...  Wouldn't the effect of token unlocks be the opposite of a pump or are you saying there's a manipulated buy up, get the noobs in, then early investors dump?  For all those guys that are waiting for .50 USD per ARB, they could very may well get what they want.

I think the shenanigans the dev team did got the holders a little spooked.

By the time of unlock ARB, the team and investors will definitely have a decrease in the price of the coin, as the Circulating Supply will increase. But I said that by this time the price of ARB will be pumped up, thereby giving the opportunity to sell their unlock coins at a higher price than the one currently on the market.

Ah kk..  Yeah pretty sure ARB would be at least 3x from where it's currently at rn with the right market conditions or with more  bullish sentiment.  I feel like everybody is bullish now but more like the cautiously bullish feeling than the all out and ready to ape bullish.  It could he the right time to commit tho while everybody is cautious and be one of the first to take advantage.

Dunno...  After the shenanigans, it's making it hard to make a move.

Well yesterday was the Arbitrum Airdrop with 90 million ARB tokens given to 125 DAOs in the ecosystem. This is $120 million worth of the ARB tokens.
It has allocated total 113 million ARB tokens worth around $148 million at current market value. ARB token is up 4.5% just in last 24 hours.
https://decrypt.co/137848/arbitrum-airdrops-120-million-in-arb-to-daos

That's smarter than i thought. Incetiving dexes etc to prioritise arbitrum makes sense. I was sceptical and thought that whales will just give airdrops to themselves as they pretty much are in control when it comes to voting. And this opens all kinds of boxes for example political donation airdrops if the whales happen to agree on those issues. I am pretty hopeful that they stay tech focused on this.

currently it has risen about 15%, I guess it's mark the start of pump season for this coin after all the airdrops are being sold off, it was stage for emptying all those arb in posession of the airdrop hunter, i'd say it might be the right time to invest since this only means that only arb from those that invests are the only one that's still left and it seems, the massive shit token airdrop in arbitrum has also increased fame around this coin.

Initial price has shown to be quite great, but i'm quite afraid that with the appearance rate of these l2 maybe these l2 like arbitrum which starts the trend, might become outdated quite easily, there are many new technology appearing with every iteration of layer 2 even also increase the overall scalability, it just means that overtime the gap between technology is huge meanwhile the early layer 2 and the late ones are basically the same thing with different technology.

With a market capitalization of more than $1.55 billion USD, Arbitrum was able to retain their token price over the $1 USD mark. This is very impressive for a new project.
Arbitrum is worthy of being listed among investment portfolios. Given many users generally use the Arbitrum network for transactions due to the low and quick transaction fees.

Do you still think ARB has the capacity of reaching 2$ ? As a few weeks ago it was around 1.80$ ?

ARB has an ATH price of $8.67, so for ARB to reach $2 it can definitely happen, because I think ARB is now a popular altcoin, so many people start to investing in ARB for the long term and when the next bullrun happens, it's very easy for the price of ARB reach $2 or even go back to the ATH price and make a new ATH, therefore if you want to invest in ARB, then now is still the right time to invest in ARB and hold until the next bullrun comes to get a lot of profit.

it was helped massively in term of ecosystem growth by the airdrops that they've done.
so many are considering airdrops as a waste of time and could have the potential of destroying a project but honestly it could be really good marketing strategy.
sui with its IEO, didn't have that much significant ecosystem growth, but instead it's losing its value everyday even though it has raised massive amount of money.
but see arbitrum it has massive ecosystem growth that the effect of its airdrop still can be seen until this day.

I think just looking at the past and deciding the future is not a good way, doesn't mean that it can't, I do believe that it could totally do that but I believe that its not a healthy way of looking at it. This was a very highly hyped project and everyone talked about it and too many people loved it and they all did their best to make as much profit from it as they possibly could.

But in the end, we are talking about a project that is new, it has been just what a few months it started? So at the end it may not go back to ATH price for a long time, and even going higher all depends on how much the market moves. We need bitcoin and others to go up as well for ARB to go up, its not going to go up all by itself, if btc goes up a lot, then yeah ARB could too.

the ARB price is really very strong to stay above $ 1 and this has been going on for 1 month,
of course I can speculate that ARB could be $ 5 or even $ 10 in the next bullish,
maybe 2024 ARB will be big and the market cap could exceed CRO and even XLM.

^  Lol...  Tbqh, I really thought we'd see ARB pump to 10 bucks or something and go over DOGE and MATIC in market cap in a couple of weeks after airdrop.  But seems like the trade is too crowded preventing it from going up fast.  This usually happens when market is in pvp mode with traders trying to get the better of each other from both directions.

And the dev team selling some tokens shenanigans didn't help.  There's always something sketchy going on with these things.  :/

it seemed these layer 2 has something that prevents them from having market capitalisation more than those coin with their own blockchain though.
arbitrum still seemed to hardly increase its value over the course of few weeks, despite the fact that it's really popular.

Few weeks and you already concluding,  being popular is one thing, increasing demands and growing as a result organically is another.
I don't think anything is preventing arb from having a higher market capitalization except time, compare to other blockchain, arb is still relatively new and very capable.

I think mid term we can see price between $5-$6. Will sell some then, and load back after it dips. Hopefully, arbitrum ecosystem adds more utility where it benefits users to hold their coins. This will help appreciate price further.

Lets see whether ARB will dethrone TRON wallet because seriously is been around for a long time now and the app on the tron wallet is low on and Defi apps that will help it grow ARB GMX and others makes it attract lots of users with money markets

though the ecosystem was very active, it only full of shitcoins, hopefully though it will have some good quality projects like back in its early days and could compete even against ethereum.
but arbitrum overall i can see this growing significantly but just one thing, i wonder why the market capitalisation was still relatively low.

A typical coin of layer 2 coin maybe gonna rose but we don't know for sure because its like SUI and pretty much a baby coin especially after giving dozen ton of airdrop maybe the sell pressure pretty much high in couple of weeks unless bitcoin can break above 30K level and other coin including ARB can rose too

But as we can see here the volume is down  and the price is plumetting although the coin is pretty new I can say much

Yes, speaking as a whole, I think we need to appreciate Arbitrum,
related to that I hope there will be a new strategy to increase capitalization,
the most important thing is to continue to follow its development and we'll see.

Most of the altcoins right now are bleeding, especially layer-2 tokens. The one that recently pumped was DeFi coins which are not really too much.
I can say now is altcoins now will move as 1, with no excuses or no exemptions as Bitcoin starting to dominate (see Bitcoin dominance).

Since I also own Arbitrum tokens, my ideal buy zone also if we will fall below $1. For long term, Arbitrum is my player also.

Yes you have a good eye  ;) In my opinion the best price range is between ~0.95-1$ for now  and if the price go down we can continue to Average down using Dollar Cost averaging and the good thing this is a layer 2 coin meaning if we dont have money to buy more we can stake it and watch it grow  8)

We can't really compare ARB with SUI, could we?  I mean judging from the growing TVL and the increasing transaction volume in Arbitrum, I think it could reach 10 billion market cap and even outpace the likes MATIC and ADA in a fully fledging bull market.  ARB could basically be a leveraged bet for Ethereum and many projects in ETH L1 will later have to have a go to L2 and Arbitrum would be their best option since it has the highest TVL, activity and volume.

But if you guys think I'm wrong then what's the best ETH L2?  :/

I think current capitalisation of arbitrum is what these second layer blockchain actually deserve, after all, they are not L1 like any other out there that got high ranks.
the thing with these L2 as their name implies they only become alternative for ethereum because of gas fee thus their implementation of using ethereum for paying the gas fee so that
ethereum users could easily migrate over to the alternative blockchain to avoid the high gas fee but still it's only alternative.
thats why many just don't think L2 might worth that much but regardless the growth of these L2 has been massive.

that's really true. I always think about arbitrum is the next best thing since ethereum. for the reasons you mentioned it has a growing capacity and can't be compared with the likes of sui. I don't see better options for the competition.

Yes SUI is a new coin tho and after I check that SUI is layer 1 so i made a mistake on my first post, so Layer 2 and Layer 1 is different. In this case Arbitrum has a lot of TVL since this using EVM or Ethereum Virtual Machine meaning you can use your code from eth. bnb chain or other bring to arbitrum and change little bit. But layer 2 depent on their layer 1 in this case Etherum

and the SUI is layer and pretty much new that is why the tvl is pretty much low but since this is PoS chain maybe sui will get the attentin too