Arbitrum Token Initial Price Speculation

[$crypto$]

...Btw the 23rd will be the date when many exchanges will trade $ARB such as Mexc, Kucoin, Bybit, Huobi, and several others exchanges.

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.

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.

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.

[ivankoh]

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

[Pterosaur]

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.

[jacafbiz]

$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

[jostorres]

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?

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.

[SyndicateLabs]

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.

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.

[tokeweed]

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.

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 a new futures contract for ARB, 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.

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! 

[$crypto$]

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.

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.

[GEMIN_M4]

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.

[tvplus006]

...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.

[Anonylz]

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 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.

[super bako]

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.

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.

[bitkanu]

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.

[n0ne]

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 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.

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.

[makishart]

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.

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.

[blockman]

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.

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.

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 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.

[libert19]

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.

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.

[UmerIdrees]

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.

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?

[babygun]

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.

[tokeweed]

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

Edit:  Typos.