Future of Layer 2 and Arbitrum

[tvplus006]

Nice looking piece of details, I do hope that a big dumo takes place though to heavy sell pressure, It makes no sense to buy ARB for 1$ each and plan to hold for the long term, I think that somewhere around 0.12$ to 0.15$ should be a good buying point, since this project is already big with TVL I doubt we will see any lower price opportunities, am I wrong?

In any case, if you receive an airdrop from Arbitrum, the best solution would be to sell coins at the start of the listing of an exchange such as Binance. And after that, buy back even more ARB coins when the price drops after the pump. This way you will increase the amount of coins you have received as airdrop for long-term retention.

[X-ray]

The price for each token must be even lower than OP.

Regarding the price, I'm expecting it to have a similar FDV to Optimism and Polygon, which is around ~$11B. This would put the token price at about $1.1 per token, making it lower than the current $OP price ($2.5). I think it's reasonable to expect the initial range for $ARB to be between $1 and $2.

I hope so but i don't even mind it caused by i just got it for free, it would be better to see the token will have more price but i expect a huge dump to happen during the early days after the trade will be opened in the various market. There are so many markets have been announcing to support arb trade.

I learn from OP that airdrop participants will make the price go to the ground. Even though if the price will be only 50 cents and that will be good enough. Just saw it as a jackpot after regularly used arbitrum as second layer solution for ethereum.  

[Xal0lex]

I think Arbitrum will be further developed and implemented in different crypto services. Right now Arbitrum support is still quite weak if we talk about different services, but there is potential, especially considering the difference in commissions compared to ETH. I consider Layer 2 as one of the main direction in altcoins, which will get hype in 2024-2025, and ZK-Rollups may also be affected by this hype. It is also worth paying attention to Layer 0 projects.

[FirmWars]

If I have to choose between zksync and arbitrum I will go for zksync, I know that arbitrum is more recognised in crypto space but zksync will do better unless the team failed to handle the project properly, the utility of zksync makes me prefer the project over arbitrum, still, these two projects are going to be very profitable in a bull market, congrats to all the airdrop winners.

[Anonylz]

I think Arbitrum will be further developed and implemented in different crypto services. Right now Arbitrum support is still quite weak if we talk about different services, but there is potential, especially considering the difference in commissions compared to ETH. I consider Layer 2 as one of the main direction in altcoins, which will get hype in 2024-2025, and ZK-Rollups may also be affected by this hype. It is also worth paying attention to Layer 0 projects.

I don't think the support can be considered weak when the network is barely launched and operational, there are already projects showing interest in building in this l2 network and to be honest, i think they will receive lots of support, have you used arbitrum eth to transfer? the fees are similar to the eth we use to know way back when.
They are new in the space but i believe they will have many interesting projects wanting to work with them because it is easy and less expensive.

[Psynthax]

this coin will get massive correction at the first second it got listed and usually will go back up again showing its true worth, I think accumulating this coin will be good idea, moreover L2 is always popular anyways,so many L2 gaining fame just because they are L2, expecting more L2 to come in the future but surely arbitrum will also gain success just like optimism.

[Tadic]

You are lucky you get airdrop tokens but it doesn't look like a wise decision to invest.
TEAM AND FUTURE TEAM + ADVISORS 26.94% That's waaaay too much.

[o48o]

Regarding the price, I'm expecting it to have a similar FDV to Optimism and Polygon, which is around ~$11B. This would put the token price at about $1.1 per token, making it lower than the current $OP price ($2.5). I think it's reasonable to expect the initial range for $ARB to be between $1 and $2.

Indeed, the biggest intrigue of today is what price ARB will have. There is no doubt that this coin will be listed on all major exchanges. I also found an entertaining infographic with the estimated price of the coin, which is based on a comparison of ARB with Matic and Optimism - https://twitter.com/themodestthief/status/1636374758987300864 I think that the price of $1.74 per coin will suit everyone)

Sounds about right. I just checked my eligibility and sadly none of my wallets are not, but i am definitely buying if the price goes way lower than your estimate as i am way more excited about ARB then Matic or Optimism.

Anyone who has used it can probably agree that it's something worth using. And if the the game theory behind the token incentive / usage is done right, this could be in the radar of every whale out there.

[GreatArkansas]

Regarding the price, I'm expecting it to have a similar FDV to Optimism and Polygon, which is around ~$11B. This would put the token price at about $1.1 per token, making it lower than the current $OP price ($2.5). I think it's reasonable to expect the initial range for $ARB to be between $1 and $2.

Indeed, the biggest intrigue of today is what price ARB will have. There is no doubt that this coin will be listed on all major exchanges. I also found an entertaining infographic with the estimated price of the coin, which is based on a comparison of ARB with Matic and Optimism - https://twitter.com/themodestthief/status/1636374758987300864 I think that the price of $1.74 per coin will suit everyone)

https://i.ibb.co/dL82V0b/34-main-v1678894697.jpg

Sounds about right. I just checked my eligibility and sadly none of my wallets are not, but i am definitely buying if the price goes way lower than your estimate as i am way more excited about ARB then Matic or Optimism.

Anyone who has used it can probably agree that it's something worth using. And if the the game theory behind the token incentive / usage is done right, this could be in the radar of every whale out there.

This comparison for me is really making sense. When we will base here, it seems we will see the Arbitrum token will start at $1.+ but for me, with hype plus recent pumps on the market, I am really expecting higher than that. My target could be around $3-$5 and higher is maybe up to two digits of $10 (this is very huge already).
5 days and left and we will see it.

[Mr. Magkaisa]

Had to bump this topic, it's still relevant I guess (other topics that include Arbitrum seems to just focusing on specific projects on the chain). Well, they release already the criteria on how to be eligible on the airdrop and yes transacting on the chain was necessary. You can check here if you want to know more: https://docs.arbitrum.foundation/airdrop-eligibility-distribution

It's quite surprising to me, considering the co-founder of Offchain Labs once stated that there were no plans to launch an Arbitrum token. But hey, it's a pleasant surprise! My wallet is eligible for 2250 $ARB tokens!



In hindsight, I guess it was a no-brainer to launch the Arbitrum governance token, especially since other L2 chains like Optimism and Polygon have their own tokens too. It makes even more sense when you consider that Arbitrum has a higher TVL than Optimism, along with real dApp usage and activity, such as GMX, which boasts millions of USD in daily trading volume without any trading incentives.

  -  Wow! I congratulate you my friend on the airdrops you will receive on Arbitrum, it looks like you will receive a large amount of 2250 ARB if I am not mistaken, the price is playing at 1.88$ each, you are very lucky if that is the case. It seems like the same thing happened during the Uniswap era.

It's a pity that I'm late because you need to do the tasks to qualify, and you must also have used a bridge right there in the arbitrum and you must have been using and trading on their platform for at least 2 months. So I think I'm not in the qualification anymore. So once again congratulations to you.

[tvplus006]

You are lucky you get airdrop tokens but it doesn't look like a wise decision to invest.
TEAM AND FUTURE TEAM + ADVISORS 26.94% That's waaaay too much.

This is a common practice when a certain percentage of Total Supply is distributed among the project team. And as I know, these coins will be subject to a lock for 4 years. But the 26.94% you write about is the total number of coins that will be distributed for the Offchain Labs organization, which includes team members.

[pergola]

The game is still the same. Distribute the airdrop, wait for the people who receive the airdrop to dump it and then the sharks collect and pump it up to sell.
Arbitrum is a good L2 project but may not be the best because Zk is the best. Now the projects on ZK are just in the startup phase. When ZK technology is complete, we will see great optimization in reducing transaction costs and high transmission speed.

With 10 billion max supply, what do you think is the good entry point for a token with that massive total supply? I think the raindrop will cause a huge dump, I plan to start buying but I still can't forget what happened with Optimism, after the dump someone very close bought up and the token still dumped, what do you think?

The success of a project depends on DEV, Backer and the community. Look at the big projects like Ethereum, EOS, Tezos, BNB... you will realize that current projects can be just a phenomenon or will be the future. I am not talking much about the value, I am referring to the price action of the airdrop recipients and whales who have invested in the projects. The whales will never let themselves be disadvantaged. They are market makers and that's the usual way they make money from other people.

[Ben Barubal]

Arbitrum airdrop got so much hype from various communities. I see that the total supply which was around 10 billions. It seems like the yearly inflation is not too big as it was only taking 2% as the maximum inflation that can be reached by arbitrum token.

We did see how successful OP airdrop and will arb become even more successful compared with OP? I guess there will be huge dump to come soon. I personally learned from OP if try to prepare some money to buy at the bottom and then waiting for the pump to come soon.

Only got a few thousand tokens but it seems like that will not be enough for long term hold considering how bit the circulating supply is. The price for each token must be even lower than OP.

There are bunch of people attacking arbitrum dev in the discord caused by they were not eligible for arb airdrop. 

    Looks like I got caught up in these airdrops of arbitrum again, I think he looks like he has potential too and has a fight in the future to increase in value in my opinion.

   As far as I know, there are criteria for you to qualify for airdrops, so it's not just that you join, it's just that you must be a user of the arbitrum platform itself for at least 2 months and if you deposit money, you also have to go through you're in the bridge or else you won't qualify for their airdrops, that's what I know.

[rahulzx]

The most promising Layer 2 project that many are looking forward to is Arbitrum and it's possible that this project can be in the top 100 as soon as they release their native token.

I recommend everyone to pls at least make some transactions using Arbitrum chain and bridge or buy and store tokens running on the Arbitrum network because you may be eligible for their airdrop (if they plan to have a token), though this is not guaranteed.

Arbitrum doesn't have a native token yet but it has already surpassed Solana in area of projects that's been stationed on the network and total value locked. And if tokens comes the total value locked will increase even more.

Have minted .ARB domain from spaceID project. Do you recommend that selling that domain in this season ?

[FP91G]

arbitrum listing -10$
https://www.hotbit.io/exchange?symbol=ARB_USDT

[Xal0lex]

I think Arbitrum will be further developed and implemented in different crypto services. Right now Arbitrum support is still quite weak if we talk about different services, but there is potential, especially considering the difference in commissions compared to ETH. I consider Layer 2 as one of the main direction in altcoins, which will get hype in 2024-2025, and ZK-Rollups may also be affected by this hype. It is also worth paying attention to Layer 0 projects.

I don't think the support can be considered weak when the network is barely launched and operational, there are already projects showing interest in building in this l2 network and to be honest, i think they will receive lots of support, have you used arbitrum eth to transfer? the fees are similar to the eth we use to know way back when.
They are new in the space but i believe they will have many interesting projects wanting to work with them because it is easy and less expensive.

But it should not be considered strong either. If we're talking about speed and popularity, the difference in fees isn't always the most important factor. If I use certain services and wallets, and there is no Arbitrum there, this will not make me look for those services and wallets where Arbitrum is present. I just choose another network. Let there will be a higher commission, but I will not have to perform any additional actions. I hope that over time, Arbitrum will be represented in almost all popular wallets and services, but now its distribution is very low.

[@sriyan]

The most promising Layer 2 project that many are looking forward to is Arbitrum and it's possible that this project can be in the top 100 as soon as they release their native token.

I recommend everyone to pls at least make some transactions using Arbitrum chain and bridge or buy and store tokens running on the Arbitrum network because you may be eligible for their airdrop (if they plan to have a token), though this is not guaranteed.

Arbitrum doesn't have a native token yet but it has already surpassed Solana in area of projects that's been stationed on the network and total value locked. And if tokens comes the total value locked will increase even more.

Arbitrum's first airdrop is already allocated to the participants. When it comes to L2, all of them have lower fees. I think there is a trend to participate in L2 ecosystems to get mainnet airdrops

[Lainta]

The most promising Layer 2 project that many are looking forward to is Arbitrum and it's possible that this project can be in the top 100 as soon as they release their native token.

I recommend everyone to pls at least make some transactions using Arbitrum chain and bridge or buy and store tokens running on the Arbitrum network because you may be eligible for their airdrop (if they plan to have a token), though this is not guaranteed.

Arbitrum doesn't have a native token yet but it has already surpassed Solana in area of projects that's been stationed on the network and total value locked. And if tokens comes the total value locked will increase even more.

Arbitrum's first airdrop is already allocated to the participants. When it comes to L2, all of them have lower fees. I think there is a trend to participate in L2 ecosystems to get mainnet airdrops

That being said, it is true that Layer 2 (L2) scaling solutions, such as Arbitrum, can offer lower fees and faster transaction processing compared to the main Ethereum network. This is because L2 solutions can process transactions off-chain and then settle them on the Ethereum mainnet, reducing the amount of data that needs to be stored on the main network.

[StormHawk]

arbitrum listing -10$
https://www.hotbit.io/exchange?symbol=ARB_USDT

Still not the official price, we have seen this so many times before, the price will only stay at 10$ for a few minutes and it will dump so hard, many traders will lose money, that's certain, also many people will dump their tokens, if I see a good entry price I am going to take the opportunity.

[tvplus006]

This comparison for me is really making sense. When we will base here, it seems we will see the Arbitrum token will start at $1.+ but for me, with hype plus recent pumps on the market, I am really expecting higher than that. My target could be around $3-$5 and higher is maybe up to two digits of $10 (this is very huge already).
5 days and left and we will see it.

Too many coins will be distributed, which the participants will receive for free, and accordingly, these coins will be sold on the market, which will lead to a significant price reduction. And it will be a very good opportunity to buy coins at a significantly reduced price for those who have not received this airdrop.