Arbitrum Token Initial Price Speculation

[tvplus006]

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...

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.

[UchihaSarada]

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/

[tokeweed]

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...

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.

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.

[tvplus006]

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...

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.

[tokeweed]

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.

[mich]

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

[o48o]

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.

[Psynthax]

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.

[bittick]

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.

[terciduk123]

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.

[xperiance1814]

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

[kevinzxz]

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.

[JeffBrad12]

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.

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.

[tygeade]

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.

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.

[newdevices]

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.

[tokeweed]

^  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.  :/

[Psynthax]

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.

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.

[Bitstar_coin]

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.

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.

[BaeSuzy]

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.

[SlimShadyMmp]

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