Arbitrum Hype

[robattfield]

Yes this is really exaggerated, however I can somewhat understand why people would expect this event to be like this. Because the market has been so bad lately, and only the last few months have shown positive signs, but to speculate on the price of ARB when it is listed, I think it is not too difficult. Compared to similar platforms, Arbitrum is still leading in their position, and it would not be too surprising if they reach the top marketcap.

[noorman0]

I think their airdrop is not over yet, here is a page to check your wallet eligibility to claim ARB. https://arbitrum.foundation
This is like the aptos coin hype a few months ago, only users who early used the dapp in the ecosystem for a few months will get their tokendrop. It seems a bit late to start some airdrop tasks for now.

[StormHawk]

I'm very happy for participating in Arbitrum airdrop, because Arbitrum will be launching on a big exchange and it will give me a lot of money, because I'm sure the price of Arbitrum will increase very high (at least $15), so I'm still hold my Arbitrum and wait until the price of Arbitrum to increase $15-$20.

I will like to take a bet on this if possible, Arbitrum value after trading starts can start from 10$ but it won't be able to maintain that price, investors ate smart these days, they will want to dump because they know the exact max supply of this project, it's insanely high.

[cryptoaddictchie]

How are this people able to sell the coins if there are no official one yet, or am I missing something. Some days back. there seemed to be no official tokens trading.

Yes there arent. The buyers as far as I can see are dealing with the wallet instead of the token. He buys of the wallet with the tokens are airdrop and indeed payment are into p2p of Binance via usdt. Perhaps thats what I sae on our local which I can believe legit since I know of the guy buying it and his quite famous at all especially on nft world.

there are already a lot of people who started to bridge some assets to some other layer 2 projects that are speculated to do airdrop just like Arbitrum, an example is the zksync or starknet networks.
With this Arbitrum airdrop, I am pretty sure that on the first day of trading of Arbitrum token, I am really seeing huge volatility.

Yes and thats surely will happened even without the live arb trading. Expect more people to do bridging on some layer 2 prospect. I might do some actually waiting foe the arb funds to be sold. Perhaps many whales will play this game with arb and also arbtirum seems not to let it dump right away by giving possible opportunity once more maybe delegating drops or what.

[Taskford]

How are this people able to sell the coins if there are no official one yet, or am I missing something. Some days back. there seemed to be no official tokens trading.

Yes there arent. The buyers as far as I can see are dealing with the wallet instead of the token. He buys of the wallet with the tokens are airdrop and indeed payment are into p2p of Binance via usdt. Perhaps thats what I sae on our local which I can believe legit since I know of the guy buying it and his quite famous at all especially on nft world.

For now they are dealing with it by p2p and I see a famous guild owner of NFT guilds actually buying it so I they really believe that it will get a huge value once Arbitrum will be added on exchanhe. Heard about the rumor about possible listing on binance so if this one happen all the airdrop receiver is so lucky since they have huge potential to get good profits from this project.

[cryptoaddictchie]

Heard about the rumor about possible listing on binance so if this one happen all the airdrop receiver is so lucky since they have huge potential to get good profits from this project.

Its not a rumor anymore dude. Almost all top tier 1 exchange are gonna list it tomorrow. Yes I think the bottom price could say is $1 already plus the hype it bring Im sure there will be shocking price and the airdrop participants must seen this through. Its only once in a lifetime to got some free money out of airdrop like uniswap before so Im thinking this will be big.

[naira]

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.

Personally, I would also do what you mentioned. As an Airdrop recipient, I would sell it for the highest price, and when the dump hits rock bottom, ideally reallocating around 50%-80% of the sales proceeds to buy it back on a long term hold. Arbitrum is L2 which is one of the many Ethereum scalability that deserves the attention of investors. They overcome the cost of Ethereum gas, and both investors, traders, and those who have always favored arbitrage will definitely choose L2 as an option.

[rhomelmabini]

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?

I think that's a little ridiculous speculation of price for a token that has initial 10B issuance. Yeah it wasn't impossible but I think the speculation was more of overrated. How come there are already buying on OTC when the token wasn't distributed yet on every personal wallets. Never got a chance for this drop but I think at 0.5-1 dollar valuation is my speculation that it will reach that price.

[justdimin]

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.

True and so as new projects like ARB so we must be very careful with it and if possible don't get carried away by the hype because we never know what if it was only prepared by the people behind this project and they are heavily supported by the early adopters.

They are only waiting for the newbies to buy the coin so that when the price sky rockets, they will be the first to unload their coins in the market, making the price dump again and there is no assurance if it can recover again or not. Did their community told you that they will stake their tokens? But, what if they are only lying to attract more people to join. It's only easier to say than done you know.

[cryptoaddictchie]

I think that's a little ridiculous speculation of price for a token that has initial 10B issuance. Yeah it wasn't impossible but I think the speculation was more of overrated.

Well if its hype then thats not gonna be a problem. Plus the 10b supply isnt its circulating supply. Yes its the total but not will be its initial. So fairly it could happened knowing the hype of airdrops.

How come there are already buying on OTC when the token wasn't distributed yet on every personal wallets. Never got a chance for this drop but I think at 0.5-1 dollar valuation is my speculation that it will reach that price.

Via OTC since its local to local then the buyer asked definitely for IDs and some vouch from common friend. The buyer is founder of an elite axie guild before so I doubt that this isnt legal. Regarding terms its depend on them but I think buyers will honor that to not be screwed.

[StarKay]

Any thoughts on this project? Seems 23rd of March is gonna be interesting day for airdroppers. Have some of you got the drop?

Arbitrum seems to have all the qualities of a great project checked; blockchain, developers, community and marketers are obviously good so I'll be expecting it to do well in terms of price when it finally list on those top exchanges.

I missed the airdrop but I think those that got it should expect to get a good profit from it.

[cryptoknightt]

I really regret not following this aridrop, I have known this coin for a long time. it seems that the drop holders are very happy with the launch of this abirtum. success for all airdrop followers.
successful project

[bitkanu]

I really regret not following this aridrop, I have known this coin for a long time. it seems that the drop holders are very happy with the launch of this abirtum. success for all airdrop followers.
successful project

the success is justified since this is high quality project, their airdrops acts like marketing and they succesfully pulled it off making it hottest project this year around aside from many others of the same categories. I guess it will have good value.

[LastKiss]

~snip~
Any thoughts on this project? Seems 23rd of March is gonna be interesting day for airdroppers. Have some of you got the drop?

Don't ever get caught in the hype just because that token got listed soon in the top tier 1 exchange, if you want to invest in that project you should use money that you can afford to lose, the volatility will be high in a short of time but holding in long term will give you a decent profit if they can keep up with their roadmap and development.

[jacafbiz]

There is no doubt that Arbitrum is a very good project with strong developers behind it and is well funded so it is not one of these cash-grab projects that we see in the space, there are some projects like ICP, Hashgraph, Cardano that have been in this space for some time and have not seen the kind of growth that Arbitrum has witnessed in her short life. I believe this would do well now and going forward, so I won't bet against this project, just look at Aptos, it has a market cap of more than $2 billion and FDV of $13 billion for what? who is using this blockchain? nobody.

[cryptoaddictchie]

Don't ever get caught in the hype just because that token got listed soon in the top tier 1 exchange, if you want to invest in that project you should use money that you can afford to lose, the volatility will be high in a short of time but holding in long term will give you a decent profit if they can keep up with their roadmap and development.

Dont worry I wont. I am just gonna use the airdrop of arbitrum wisely. Of couse if its listed on binance, the hype and volatility will be crucial on first few minutes to hours and thats where youll need to study the tokenomics and possible movement. Expect it will dump hard since most airdroppers will sold their tokens but thats fine as long you already sold yours, then tou can position after it receeded the hype.

In few hours we will knew how this gonna play out so lets just watch how it will turn out.

[Gayong88]

Yes I noticed that too Arbitrum generated a lot of buzz lately, with many exchanges announcing their listings on the platform and some speculating the price jumped by as much as $7 or even $10. While it's exciting to see such enthusiasm, it's important to be careful and not fall prey to FOMO. It's worth keeping an eye on Arbitrum and seeing how it performs in the coming days to exercise caution when investing in Arbitrum despite the hype surrounding the project.

[Questat]

Yes I noticed that too Arbitrum generated a lot of buzz lately, with many exchanges announcing their listings on the platform and some speculating the price jumped by as much as $7 or even $10. While it's exciting to see such enthusiasm, it's important to be careful and not fall prey to FOMO. It's worth keeping an eye on Arbitrum and seeing how it performs in the coming days to exercise caution when investing in Arbitrum despite the hype surrounding the project.

Investing in this project while the hype is ongoing is too risky. We know what gonna happen next when it was over and this is the most reason why I don't encourage people to invest like this, especially when the price is already at its peak as this possibly gives them losses.
Honestly, we can't really underestimate what an influencer can do to a certain project and this Arbitrum is one example among several projects that have been in hype without a valid reason or it was because it is worth it.

[Dickiy]

I think their airdrop is not over yet, here is a page to check your wallet eligibility to claim ARB. https://arbitrum.foundation
This is like the aptos coin hype a few months ago, only users who early used the dapp in the ecosystem for a few months will get their tokendrop. It seems a bit late to start some airdrop tasks for now.

Yes, it's really too late to do the job on their network, and indeed this is like Aidrops from aptos last month, but what I feel is that Arbitrum's drop has more hype than aptos and in all the average media it has been reported even though at this arbitrary price no one knows about it , it's different with Aptos and they hype after listing on exchange with high prices. Maybe what happened to Arbitrum was because the investors were coinbase so it had an impact on everyone's interest, at least the tasks that had been carried out everyone got 625 tokens so maybe the airdroppers had high expectations about the price. I'm afraid they will be disappointed with the end result.

[fzkto]

Yes I noticed that too Arbitrum generated a lot of buzz lately, with many exchanges announcing their listings on the platform and some speculating the price jumped by as much as $7 or even $10. While it's exciting to see such enthusiasm, it's important to be careful and not fall prey to FOMO. It's worth keeping an eye on Arbitrum and seeing how it performs in the coming days to exercise caution when investing in Arbitrum despite the hype surrounding the project.

All airdrops hype follows roughly the same pattern as any other hype. First the price is pumped up, then the price drops. And those who bought at a high price sell the coins in a panic. It's a good time to buy. If you look at Aptos, which reminded me something of a hype like arbitrum. After the dump it could make a nice profit if you buy the coins at the bottom.