Arbitrum Token Initial Price Speculation

[$crypto$]

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.

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.

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.

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 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.

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.

[disconnectme]

...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.

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.

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 geti g up there at the top 10 in CMC sometime around summer of 2024.

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.

[tvplus006]

...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.

[OcTradism]

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/

[libert19]

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.

[kevindjunaidi]

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.

[tvplus006]

...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...

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.

[$crypto$]

...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...

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.

[tokeweed]

...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...

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.

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. 

[goaldigger]

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.

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.

[tvplus006]

according to coinmarketcap, ARB token started trading at $11.14...

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.

[bitkanu]

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.

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.

[libert19]

according to coinmarketcap, ARB token started trading at $11.14...

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.

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.

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.

[Anonylz]

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

[o48o]

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.

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

[bayudndy]

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.

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.

[o48o]

-cut-
I see definitely ARB going over polygon ath marketcap at some point,
-cut-

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.



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.

[tvplus006]

...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 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.

[someone703]

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.

[tokeweed]

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

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.