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Has anyone here feels the arbitrum hype? Few days back they officially announced their airdrops claiming and after that few exchanges announces their listing on 23rd including top tier 1 exchange like Binance, Kucoin and many more. Some have been speculating its price to $5 to $10 or even more. But what Ive see on twitter that there are already some buying with $1 otc of that and seen firsthand the transactions since some of my known friends sold their drop.

Any thoughts on this project? Seems 23rd of March is gonna be interesting day for airdroppers. Have some of you got the drop?

I feel the hype but I don't bother looking at it or feeling regret that I've never got into it. Well, those that have got a lot from this airdrop means congratulations to them and that's one of the best things that has ever happened to them. But I want to tell them that they should learn from other airdrops because they'll never know if the hype stays longer for ARB because if not and they didn't managed to sell during its launch, they might miss all of those opportunities as drop and its value could potentially be lower because of what's being awaited coming from all of the airdrop recipients. It's typical that everyone will dump it.

yes I also got the Arbitrum airdrop and I also felt the hype from Arbitrum, all my social media such as Fb tw and telegrams were filled with arbitrum. I don't agree with the speculation that ARB's price will range between 5-10 usd because the total supply from ARB is 10b. the total supply from OP is half of ARB and the current OP price is around 1.4 usd, in other words the ARB price will most likely be around 0.7 usd.

Your wrong mate yes total supply is 10B but this will not all release on March 23 only 1B+ tokens will be the circulating supply and other is vested for years, 0.7 is just a dream if it will dump heavily but many whales are for sure waiting at this range ready to buy, $3-$10 is very possible for ARB.     

true, the APTOS airdrop project also has supplies of up to billions and only 1 billion in circulation, and APTOS's first price on the market is 14$ and drops to 3$ in a few weeks. then things turned around after a few months of going up to 17$, no one knew APT would hit that big again. so even ARBITRUM could be the first price on the market above 1$ or more, and will lose volume due to heavy selling

Arbitrum is making a lot of noise lately due to its airdrops. Unluckily, I am not part of it. But I am planning to buy Arbitrum when it dips and then hold it for the coming big bull run next year or 2025. A few days ago I saw a post about ARB IOU which was about $10+ and then today I checked it was $11+. I expect it to go down though as pretty sure many will dump their free holdings once listed especially on Binance. My personal assessment of its price is $1 to $2 or even more when the bull run comes to play. So my target is to buy as cheaply as possible from these dumpers.    

I think everything is still very normal in terms of price, so we can completely speculate on where the price will be compared to MC. And here I think it will go straight to the top10 cmc, and depending on the exchange or the winner of the airdrop claim and sell them high to low and at the $1 threshold there will be a lot of buyers.

I think we will enjoy the comfort of this event, and I think after ARB will have L1 announce mainnet and airdrop in the near future. Perhaps this period of 2024 we are in a bull cycle of the whole market.

I'm also following this. But I didn’t get into the drop and there is a little regret. As they wrote here, everything will be as usual and the price will fall, because many will start selling. But in the future, I think the price may surprise us

Those who bought from your friends are in safe hands if they have a long-term goal, Arbitrum will easily make it to the top 10 in the next bull market, so buying at 1$ is still very good, I also heard that they won't be releasing the whole 10 billion supply at once, this is one reason why I think the 5$ part can be possible, if anyone is planning to hold this coin I advise to check the tokenomics very well, there will surely be progressive unlocking.

Everything about crypto is risky. But ARB token or Arbitrum token have been having a lot of positive speculations lately. It has a large community also and as i can see so far, most of the community members are builders who will want to delegate or stake thier tokens. There is a very high probability that Arbitrum token might go futher than we expect.

Arbitrum seems to have the potential to grow in the future and it is possible that this project will enter the top 100 crypto by large capitalization. But looking at the past of every hype project, the price of the token will definitely drop quite significantly due to the massive sales made by their holders. So I can only wait and see how the token price of this project will be in the next few months.

Ever since they announced the loss of tokens I saw the hype right after that, people flocked to search for keywords related to the Arbitrum airdrop. I'm also lucky to have a few wallets on the bounty list, but for me like many previous big airdrops from the top projects of the market it's a matter of holding until people sell their coins then I will buy some more to hold for ARB.
And one thing I'm pretty sure this won't be the only airdrop from Arbitrum, so my goal with this project is pretty long term.

They will die like past hypes, Solana, Avalanche, Polygon, CELO ...

If you got their airdrop, let's enjoy Arbitrum pump shortly after listing on Binance. Just don't use your money to buy Arbitrum and join the early hype wave as it is very risky. I believe after early pumps, selling pressure will be very high and don't put yourself as one of victims of Arbitrum dumps.

Think why did they do airdrop?

To make noise and to create hype.

Now the airdrops hype has started again. First it was aptos, then blur, now it's arbitrum. Many people get free coins and have the opportunity to sell them, which is good for those lucky enough to get these coins. But I want to make an analogy with 2020, when airdrops started like that, the first of which was uni. And then the bull market started. Maybe this time history will repeat itself?

Obviously i also noticed all the hype and news that are surrounding Arbitrum at the moment, as it is pretty hard to not notice any of it. The reason for that is quite obvious. All the people that are tweeting about Arbitrum now and how good it is and how great the token will perform once it is released are all people that are eligible for the airdrop, so obviously they are trying to support their own bags as good as possible so they can sell off their airdrop bag for a nice profit. That is just part of the game and i don't have a problem with that.

What i dislike are those airdrop farmers. If you look at those OTC channels on telegram then there are people that have 50k+ Arb tokens to sell. Those people have 50x more token than the average user. They are playing the system and stuff like that should be banned.

Of course brother it is important to exercise caution when it comes to investing in any cryptocurrency project, especially one that has seen a recent surge in hype and attention. While Arbitrum does have the potential for growth in the future, there is no guarantee that it will continue to rise in value or maintain its current position in the market.

As you mentioned, it's not uncommon for the price of a token to experience significant fluctuations, especially following a period of hype and speculation. It's possible that the price may drop as early investors and airdrop recipients sell off their tokens, and there may also be external factors that can affect the value of the token in the market.

Maybe, but you mentioned projects arent dead yet but just go down. Im still holder of one of the L1 you said and I can say they are active on technical udpates in or out of their platform.

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Got a little drop of arb, but I will watch the market movement and see which point I could sell this, of course Im planning to earn from this airdrop using buy backs after the hype. Its always good to use fund from airdrop to earn more.

I thought as much also. I told a friend about this too. I said the Arbitrum Airdrop might lead to another Bull market. Although, there are still much airdrops like this to come. But with this huge kind of ARB airdrop, something might trigger the bull market with it.

This is most likely the price situation when they are finally allowed to sell their airdrop rewards and obviously, just like any other airdrops, the price will even decrease after most of them sell their rewards. But if the project has some real developers that are ready for such scenarios, it won't really affect the progress of the project and it will proceed and surely the price will recover and even rise after the investors see that they are doing some major developments and updates to keep their platform alive in the crypto market.

I am guessing this user is a rookie in the crypto space, Solana, avalanche, polygon, and Celo are all big projects that are doing so well, Solana has a buggy lifestyle  ;D I can't deny that fact but still, it is well-supported, maybe this person is downgrading these altcoins because of the price action, whereas this is a big opportunity to accumulate some of these projects at a discount price right now.

Perhaps this is acceptable when they are one of the projects that have performed well in the market in recent times, after many big events in 2022, I see that many investors have gradually lost confidence in the ecosystem. such as SOL, terra, near, ... and I believe the money source will soon translate to the Arbitrum ecosystem. Especially in the context that APT has not shown too many things in the current space.

In my opinion Arb deserves the hype and more than expected, I'm a big believer in this project and have been with it since its very early stages.
And indeed I personally feel a bit disappointed at launch if the price of ARB doesn't live up to expectations, we see how excited people are when it comes to discussing ARB. Perhaps there is no need to speculate on the price but I think everyone will pay special attention to it but the days are coming.

The hype that Arbitrum is creating shows that the presence of layer 2 is increasingly important and powerful.  Most of the network effects, transaction volume, users show that Arbitrum deserves it.  Most of the searched terms also show arbitration in the majority.  It's no coincidence that Binance also lists arbtrum after the moment a user requests the token after the broadcast.  With 11.62% of the tokens airdropped out of a total of 10 billion tokens.  I am setting high expectations for the price of ARB but not limiting the total supply and inflation of 2%/year whether it will be sustainable in the long term.  Let's wait and see

 Most of the arbitrum users received the airdrop. My self too. Did you compare the with the optimism market cap?  Arbitrum should pass the optimism market cap to reach the $5-$10 value. Otherwise, it can not.

Its living its hype probably a good project to look forward to, but of course you should expect a drop on the listing date because the hunters will surely sell their holdings as early as possible. I've seen this project years ago, its good to see them going live now in the market unfortunately I was not able to qualify for the reward. The hype should continue until the price stabilize, I expect a drop price below $1, but eventually it will rise just like on Uniswap before, let's see.

The Arbitrum hype is everywhere today, where I opened my social media accounts such as Instagram, Facebook, Tiktok, Youtube all filled with Arbitrum news, I did some of the minimal tasks I was assigned and it turned out I found several Arbitrums after I checked eligibility 625 ARB, with so many markets that will list ARB so there is a lot of speculation about the price and that makes me very happy with the news and speculation that is circulating, especially the videos that are shared on Arbitrum's Twitter, making many people confident about the ARB coin that will be released soon.
hopefully over $10.

It will be risky to trade this token on launch using futures, millions of dollars will liquidate on that day, I do like the arbitrum project, the hype is real and the success is worth it, I hope many projects learn from this Arbitrum, there is no need to rush your project up, release a good project and let the public and community enjoy it, build the community up and release token later, there is no way such project can fail.

I found out about this project a few days ago and missed everything.I think those who participated in the testnet will take a good amount and the result will definitely be good since large exchanges are already interested in this project.There are two days left and we will find out the result.

I am hyped but i want to price drop significally to get in. I don't have enough money to dca with this, at least that amount i am planning to buy. So at the same time i hope the price tanks because of the airdrop sellers and at the same time i am very excited about the whole project. I've been using Arbitrum myself and i can totally see why others would be excited as well.

With what ARB has achieved after more than 18 months with the response of the community and investors, users… I think it is objective that ARB has a better price.  We'll officially see the opportunity, take advantage or wait and see if the hype really holds up.  Anyway, in a time when bitcoin is showing good signs of recovery, ARB will still be an opportunity to build a long-term strategy to find big profits in the next bull run.

I've seen the people who are got in are excited if it goes $10. Imagine that you're eligible for 1000 ARB and then you're expecting it to be $10 in value so let's do the computation. That's an easy $10k for someone who's got those ARB and how much more with those that have more than that example? Well, it's too much hype and that's worrisome honestly but I still see that many are optimistic about it since it's just an airdrop and it's free cash for everybody who's waiting for the actual market of it to be released on March 23. It's just a few days away so every rumor and speculation is making it more on the trend and active traders are also waiting for it since it's been announced on different exchanges that they'll support it. But just like the term hype, it's temporal and everyone must secure their profits.

Lucky to those who adopt this project during their early stage, perfect timing is indeed a good one.
Trading during the first day of listing is not a good idea, many will sell their $ARB and take profit after working with the project for a year. Its real value will happen though after a Month of listing, there's always an opportunity to buy and trade, don't rush and wait for your timing in the market. Congratulations if you'll receive a reward from this.

considering how many exchanges ready to list this coin I'm sure that this coin gonna have massive liquidity that is enough to contain the massive airdrops that it has, at least i'm gonna be bagging it if it hits all time low mainly because there's gonna be massive liquidation of airdrop hunter's token, aside from the fact that gaining airdrop itself is already massive.

Didn't get any airdrop at all despite of doing the requirements which makes me somehow frustrated since this is one of the only few airdrops that I have taken part off. The expectation on Arbitrum is just so high it came to the point that there are people I saw who are now buying unclaimed eligible airdrop for $1 which set ups the price the current market price above $1. The ARB token value is just expected to go up and one reason of it is the hype. There are many people who sees the importance of the project and people just want to accumulate more to have more voting power and also profit. It's one of the highly anticipated airdrop projects today, Pretty sure that the airdrop projects will increase in numbers again as there are hype on airdrops projects today. .  

the listing of many exchanges speaks volume, surely it's gonna be priced high enough despite the fact that there are so many tokens for airdrops.
I'm sure that it's gonna go beyond $1 for the simple fact that it is really famous and have utility for future proofing, it will surely thrive.

Yep, the hype is there with lots of crypto related news site talking about Arbitrum

How are this people able to sell the coins if there are no official one yet, or am I missing something. Some days back. there seemed to be no official tokens trading.

Seems a good one to make some quick profits and then get out. But it might also turn out to be successful in the long run.

And because of the hype of the airdrop of Arbitrum, there are already a lot of people who started to bridge some assets to some other layer 2 projects that are speculated to do airdrop just like Arbitrum, an example is the zksync or starknet networks.
With this Arbitrum airdrop, I am pretty sure that on the first day of trading of Arbitrum token, I am really seeing huge volatility.

Good luck if you get an arbitrary coin and can see the price you can sell it or you can invest a long time but have you seen the latest information with the latest increase or they will decrease.

I personally feel there is a bit of hype surrounding ARB, but honestly it is a worthwhile coin. Arbitrum has done very well in the past time, when the ecosystem they built has always received attention and support from users.
This airdrop event is really a big event for the whole crypto market, I think we will discuss this more in the coming days, almost all leading exchanges have announced that they will list ARB, now I think enjoy the comfort before a rally with ARB.

I'm very happy for participating in Arbitrum airdrop, because Arbitrum will be launching on a big exchange and it will give me a lot of money, because I'm sure the price of Arbitrum will increase very high (at least $15), so I'm still hold my Arbitrum and wait until the price of Arbitrum to increase $15-$20.

Yes this is really exaggerated, however I can somewhat understand why people would expect this event to be like this. Because the market has been so bad lately, and only the last few months have shown positive signs, but to speculate on the price of ARB when it is listed, I think it is not too difficult. Compared to similar platforms, Arbitrum is still leading in their position, and it would not be too surprising if they reach the top marketcap.

I think their airdrop is not over yet, here is a page to check your wallet eligibility to claim ARB. https://arbitrum.foundation
This is like the aptos coin hype a few months ago, only users who early used the dapp in the ecosystem for a few months will get their tokendrop. It seems a bit late to start some airdrop tasks for now.

I will like to take a bet on this if possible, Arbitrum value after trading starts can start from 10$ but it won't be able to maintain that price, investors ate smart these days, they will want to dump because they know the exact max supply of this project, it's insanely high.

Yes there arent. The buyers as far as I can see are dealing with the wallet instead of the token. He buys of the wallet with the tokens are airdrop and indeed payment are into p2p of Binance via usdt. Perhaps thats what I sae on our local which I can believe legit since I know of the guy buying it and his quite famous at all especially on nft world.

Yes and thats surely will happened even without the live arb trading. Expect more people to do bridging on some layer 2 prospect. I might do some actually waiting foe the arb funds to be sold. Perhaps many whales will play this game with arb and also arbtirum seems not to let it dump right away by giving possible opportunity once more maybe delegating drops or what.

For now they are dealing with it by p2p and I see a famous guild owner of NFT guilds actually buying it so I they really believe that it will get a huge value once Arbitrum will be added on exchanhe. Heard about the rumor about possible listing on binance so if this one happen all the airdrop receiver is so lucky since they have huge potential to get good profits from this project.

Its not a rumor anymore dude. Almost all top tier 1 exchange are gonna list it tomorrow. Yes I think the bottom price could say is $1 already plus the hype it bring Im sure there will be shocking price and the airdrop participants must seen this through. Its only once in a lifetime to got some free money out of airdrop like uniswap before so Im thinking this will be big.

Personally, I would also do what you mentioned. As an Airdrop recipient, I would sell it for the highest price, and when the dump hits rock bottom, ideally reallocating around 50%-80% of the sales proceeds to buy it back on a long term hold. Arbitrum is L2 which is one of the many Ethereum scalability that deserves the attention of investors. They overcome the cost of Ethereum gas, and both investors, traders, and those who have always favored arbitrage will definitely choose L2 as an option.

I think that's a little ridiculous speculation of price for a token that has initial 10B issuance. Yeah it wasn't impossible but I think the speculation was more of overrated. How come there are already buying on OTC when the token wasn't distributed yet on every personal wallets. Never got a chance for this drop but I think at 0.5-1 dollar valuation is my speculation that it will reach that price.

True and so as new projects like ARB so we must be very careful with it and if possible don't get carried away by the hype because we never know what if it was only prepared by the people behind this project and they are heavily supported by the early adopters.

They are only waiting for the newbies to buy the coin so that when the price sky rockets, they will be the first to unload their coins in the market, making the price dump again and there is no assurance if it can recover again or not. Did their community told you that they will stake their tokens? But, what if they are only lying to attract more people to join. It's only easier to say than done you know.

Well if its hype then thats not gonna be a problem. Plus the 10b supply isnt its circulating supply. Yes its the total but not will be its initial. So fairly it could happened knowing the hype of airdrops.

Via OTC since its local to local then the buyer asked definitely for IDs and some vouch from common friend. The buyer is founder of an elite axie guild before so I doubt that this isnt legal. Regarding terms its depend on them but I think buyers will honor that to not be screwed.

Arbitrum seems to have all the qualities of a great project checked; blockchain, developers, community and marketers are obviously good so I'll be expecting it to do well in terms of price when it finally list on those top exchanges.

I missed the airdrop but I think those that got it should expect to get a good profit from it.

I really regret not following this aridrop, I have known this coin for a long time. it seems that the drop holders are very happy with the launch of this abirtum. success for all airdrop followers.
successful project

the success is justified since this is high quality project, their airdrops acts like marketing and they succesfully pulled it off making it hottest project this year around aside from many others of the same categories. I guess it will have good value.

Don't ever get caught in the hype just because that token got listed soon in the top tier 1 exchange, if you want to invest in that project you should use money that you can afford to lose, the volatility will be high in a short of time but holding in long term will give you a decent profit if they can keep up with their roadmap and development.

There is no doubt that Arbitrum is a very good project with strong developers behind it and is well funded so it is not one of these cash-grab projects that we see in the space, there are some projects like ICP, Hashgraph, Cardano that have been in this space for some time and have not seen the kind of growth that Arbitrum has witnessed in her short life. I believe this would do well now and going forward, so I won't bet against this project, just look at Aptos, it has a market cap of more than $2 billion and FDV of $13 billion for what? who is using this blockchain? nobody.

Dont worry I wont. I am just gonna use the airdrop of arbitrum wisely. Of couse if its listed on binance, the hype and volatility will be crucial on first few minutes to hours and thats where youll need to study the tokenomics and possible movement. Expect it will dump hard since most airdroppers will sold their tokens but thats fine as long you already sold yours, then tou can position after it receeded the hype.

In few hours we will knew how this gonna play out so lets just watch how it will turn out.

Yes I noticed that too Arbitrum generated a lot of buzz lately, with many exchanges announcing their listings on the platform and some speculating the price jumped by as much as $7 or even $10. While it's exciting to see such enthusiasm, it's important to be careful and not fall prey to FOMO. It's worth keeping an eye on Arbitrum and seeing how it performs in the coming days to exercise caution when investing in Arbitrum despite the hype surrounding the project.

Investing in this project while the hype is ongoing is too risky. We know what gonna happen next when it was over and this is the most reason why I don't encourage people to invest like this, especially when the price is already at its peak as this possibly gives them losses.
Honestly, we can't really underestimate what an influencer can do to a certain project and this Arbitrum is one example among several projects that have been in hype without a valid reason or it was because it is worth it.

Yes, it's really too late to do the job on their network, and indeed this is like Aidrops from aptos last month, but what I feel is that Arbitrum's drop has more hype than aptos and in all the average media it has been reported even though at this arbitrary price no one knows about it , it's different with Aptos and they hype after listing on exchange with high prices. Maybe what happened to Arbitrum was because the investors were coinbase so it had an impact on everyone's interest, at least the tasks that had been carried out everyone got 625 tokens so maybe the airdroppers had high expectations about the price. I'm afraid they will be disappointed with the end result.

All airdrops hype follows roughly the same pattern as any other hype. First the price is pumped up, then the price drops. And those who bought at a high price sell the coins in a panic. It's a good time to buy. If you look at Aptos, which reminded me something of a hype like arbitrum. After the dump it could make a nice profit if you buy the coins at the bottom.

Yeah I just watched everything on the ARB exchange, that's a big exaggeration indeed.
Maybe the price is stabilizing now, hopefully some people don't lose their own money because of trading on CEX, maybe $1 will be maintained for all who want to sell ARB.
The hype this time attracted in part also thanks to the fact that the market condition is also showing many positive signals.

People are rushing into the market now to ride with the hype, and as expect the price will dump because its overhyped.
There's a problem as well with claiming the reward for the hunter, though there's still 6 months left for them to claim the reward but I'm sure the price by that time will be lower than $1 because the hype will be over by that time. Lucky to those who are making a lot of money now, if you are late already better to wait for the price to stabilize.

What more if the airdrop can claim easily, you can expect the real bottom for this $ARB in just the first hour of its listing.
This is not new yes, but just like the other project it will recover because fundamentally this is a good project. Let those early investors and hunters take the profit, wait for the bottom price and grab that opportunity to hold. The future is still good for $ARB, still congrats to those who make profit.

the extraordinary aridrop arbitrum list first entered the market at a price of 11$, those who got airbitrum congratulations. and what has already been said is that the ARB airdrop immediately dropped in price to 1$ from the price of 11$ within one hour. big lost volume will there be big recovery again to 11$?

Yes saw that during early time but the claiming isnt allowed due to site is down. I am just able to claim it and able to send to binance now but still not reflecting there same with some of my friends. Thinking that the network still congested or some sort of problem since the transaction already completed.

definitely because the network is busy, because people who get the ARBITRUM airdrop simultaneously make the web down in total when claiming tokens. of the errors here may be deficiencies that must be corrected for the benefit of arbitrary network users. it's just a glitch that won't take long to get back to normal

Arbitrum is more than hype, the network is buzzing with different Dapps building on it. What makes them stand out is their ability to airdrop massively to early adopters who took time to interact with their testnet during its early stage. Arbitrum is a huge project and already lots of projects using the network.
This is one of the most talked about L2 project that will be making a lot of waves in a few months to come, this is just the beginning.

I am now seeing people that have got the token that are boasting their profits and that's good for them. That, they've managed to earn on this token and from its airdrop.

Looking at the token's first early day from $11 down to $1 and that's just as expected. It will only be dumped by the majority of its holders and early investors.

Well, there could be some recovery within the next days but that's just discouraging to see so if someone is interested to take his part on this token, good luck.

Currently, only those ARB coins that were distributed as airdrop are in circulation on the market. As for early investors, their ARB coins are locked for 4 years and they will receive the first unlock 1 year after TGE. So after the mandatory dump, a price recovery will follow, since the number of coins in circulation will remain constant over the next year.

This is not just a hype after all, they are making a good name here in cryptomarket and yes, many are already using their network.
Congrats to those who are using testing this platform since they one, you are now enjoying the fruit of your work and seriously I have a lot of friends who qualified to get the airdrop, I'm so happy for them. Hoping as well to experience a big airdrop like this. Looking forward for this project in the bull run.

I'm somehow kind of expecting that kind of price movement from ARB because other anticipated airdrop tokens also had the same chart after it got listed on the market. As of now it is on the $1-2 range which is I think big for an airdrop token. The one who sold from the ATH of this coins are the one who really earned so much from their airdrop. I saw speculations that it might go $19 after the listing but yeah it's just an speculation and I believe they are over estimating things. I might grab some $ARB when prices and chart stabilized.

I couldn't resist and bought in at $1.3. It was my plan to try to get it cheaper, but i definitely see future potential so much in this that rather just dca it down then see it magically jumping to next ath every day. I would kick my feet so hard on the wall as this was the one thing i am sure about. It's just too good not to go up at least next to Uniswap. I am thinking this could be one of those creating insane hype link early days of LINK.

  -   What I see there is just hyped, I heard that too,.. When those kinds of tokens, we shouldn't be sending only hypes, you should still do your own research so that we don't blame other people for the decision we make.

Although, there is potential, but it seems that the hype is too much to believe that it has a strong potential, so as far as I know, the target is only up to 1-2$, and it should also be considered how many marketcaps will be needed for that to happen you say

airdrops surely could be a really good marketing ways if done right, like with arbitrum, the money wasn't getting bagged by few individuals every one got their shares yet the project flourishing with new users and very active ecosystem. it quite literally break the myth that airdrops brings nothing but dump to the coin in general.

I just got this from my group in telegram. Someone earned lots of money

https://i.postimg.cc/65cxLJDc/ac324.jpg

I saw that so many people were also earning 100k $ - 1 millions $. Most people are also earning thousands of dollars on average from arbitrum airdrop. Retroactive airdrop has become one of the biggest way to make money as big as you can.

The fact that if airdrop must not be underestimated. There may be another airdrop will be coming. ARB is one of the biggest airdrop right now. I expect some will come soon.

it kinda justified considering the fact that many has received tremendous amount of airdrops of course everyone would be overreacting but the project itself is really good.
you see time arbitrum got listed in the exchange everything happened so fast, despite the fact that they quite literally giving away their coins to many the project is still good and alive.
you could say that the ones that received the airdrops are generally lucky since such chance wouldn't even come twice, so it's rather normal that arbitrum right now is the hottest coin ever.
even though in the future things might change, and many other better coin might come.

Oh man, i have made more than $10k+ with one airdrop and thought that was a lot. I am assuming that this person had several wallets he/she had been using. I've also seen a lot of people trying to make sure they get metamask token airdrop if that ever comes and i have made some moves to make sure i get at least one too. I guess i could use arbitrum for that task as there are no real fees to speak of.

Several wallets meaning a Sybil attack. This could have been avoided if the Arbitrum team did an extensive screening or even just make use of gitcoin passports. Sadly they didn't. I'm pretty sure none of these users would even participate in governance voting and just go straight to dumping their tokens which is why I believe that as soon as the dumps are over, a price recovery will certainly happen; maybe in a few weeks to a month. Similar patterns happen to previous airdrops like BLUR, ENS, even UNI.

There are plenty of projects building on Arbitrum ecosystem. GMX, Radiant, MAGIC, and Camelot to name a few. It wouldn't be surprising to see a good pump once those people who are dumping their tokens have depleted their holdings.

But if the project has some real developers that are ready for such scenarios, it won't really affect the progress of the project and it will proceed and surely the price will recover and even rise after the investors see that they are doing some major developments and updates to keep their platform alive in the crypto market.

As ARB has released a big airdrop, the market price of this coin will definitely get doped. Binance is currently trading at 1.36. If the BTC market goes down in any way then the price of this coin will drop significantly. Many are speculating that the coin will fall below $1 given its large supply, and some are suggesting to buy if it falls below 50 cents. But to know in which direction the coin will move, it is better to watch its movement for a few more days.

To those that were able to sell their ARB at $10 something, you guys were legends. Some were able to cash out as high as 6 digits which is already very big for an airdrop. Some were able to sell it at $1 sharp since some were already buying and selling prior to the listing at the exchanges, those takers were already around 40% gain.

I am planning to buy as well but I need to wait and see if there's still a chance for the price to get squeezed. Maybe if the price drops to $0.80 and I will start accumulating.

Yes I think contract selling is a must learn skills. Even they got few airdrop amount with that high price they could bought those during the $1 low end during the late claiming. Ah if only I was able to withdraw my tokens on time that could have been a big break for me. Anyways, we should be grateful for an airdrop that has been given this generous.

Thanks for all the comment and opinion about it. I think its time to close soon this thread and focus on the upcoming other projects to get such privilege again.