Arbitrum Hype

[cryptoaddictchie]

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?

[1715317025]

1715317025

[passwordnow]

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.

[Rasa nanas]

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.

[ice18]

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.     

[irsykes]

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

[inthelongrun]

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.    

[bayudndy]

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.

[fvb]

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

[FirmWars]

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.

[Cryptoababe]

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.

[moneystery]

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.

[bayudndy]

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.

[hd49728]

Has anyone here feels the arbitrum hype?

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.

[fzkto]

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?

[Jackl87]

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?

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.

[Lainta]

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.

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.

[cryptoaddictchie]

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

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.

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.

[Cryptoababe]

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?

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.

[yazher]

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.

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.

[Ketesnuko]

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

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.

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. It's always good to use funds from airdrop to earn more.

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  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.