Arbitrum Hype | Bitcointalksearch.org

cryptoaddictchie

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Quote from: inthelongrun on March 24, 2023, 03:28:44 AM

To those that were able to sell their ARB at $10 something, you guys were legends. Some were able to cash out as high as 6 digits which is already very big for an airdrop. Some were able to sell it at $1 sharp since some were already buying and selling prior to the listing at the exchanges, those takers were already around 40% gain.

Yes I think contract selling is a must learn skills. Even they got few airdrop amount with that high price they could bought those during the $1 low end during the late claiming. Ah if only I was able to withdraw my tokens on time that could have been a big break for me. Anyways, we should be grateful for an airdrop that has been given this generous.

Thanks for all the comment and opinion about it. I think its time to close soon this thread and focus on the upcoming other projects to get such privilege again.

inthelongrun

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To those that were able to sell their ARB at $10 something, you guys were legends. Some were able to cash out as high as 6 digits which is already very big for an airdrop. Some were able to sell it at $1 sharp since some were already buying and selling prior to the listing at the exchanges, those takers were already around 40% gain.

I am planning to buy as well but I need to wait and see if there's still a chance for the price to get squeezed. Maybe if the price drops to $0.80 and I will start accumulating.

BobK71

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As ARB has released a big airdrop, the market price of this coin will definitely get doped. Binance is currently trading at 1.36. If the BTC market goes down in any way then the price of this coin will drop significantly. Many are speculating that the coin will fall below $1 given its large supply, and some are suggesting to buy if it falls below 50 cents. But to know in which direction the coin will move, it is better to watch its movement for a few more days.

JavierNorton

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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.

julerz12

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Quote from: o48o on March 23, 2023, 06:49:14 PM

Quote from: X-ray on March 23, 2023, 06:25:42 PM

-SNIP-

Oh man, i have made more than $10k+ with one airdrop and thought that was a lot. I am assuming that this person had several wallets he/she had been using. I've also seen a lot of people trying to make sure they get metamask token airdrop if that ever comes and i have made some moves to make sure i get at least one too. I guess i could use arbitrum for that task as there are no real fees to speak of.

Several wallets meaning a Sybil attack. This could have been avoided if the Arbitrum team did an extensive screening or even just make use of gitcoin passports. Sadly they didn't. I'm pretty sure none of these users would even participate in governance voting and just go straight to dumping their tokens which is why I believe that as soon as the dumps are over, a price recovery will certainly happen; maybe in a few weeks to a month. Similar patterns happen to previous airdrops like BLUR, ENS, even UNI.

There are plenty of projects building on Arbitrum ecosystem. GMX, Radiant, MAGIC, and Camelot to name a few. It wouldn't be surprising to see a good pump once those people who are dumping their tokens have depleted their holdings.

o48o

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Quote from: X-ray on March 23, 2023, 06:25:42 PM

I just got this from my group in telegram. Someone earned lots of money

I saw that so many people were also earning 100k $ - 1 millions $. Most people are also earning thousands of dollars on average from arbitrum airdrop. Retroactive airdrop has become one of the biggest way to make money as big as you can.

The fact that if airdrop must not be underestimated. There may be another airdrop will be coming. ARB is one of the biggest airdrop right now. I expect some will come soon.

Oh man, i have made more than $10k+ with one airdrop and thought that was a lot. I am assuming that this person had several wallets he/she had been using. I've also seen a lot of people trying to make sure they get metamask token airdrop if that ever comes and i have made some moves to make sure i get at least one too. I guess i could use arbitrum for that task as there are no real fees to speak of.

shinratensei_

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it kinda justified considering the fact that many has received tremendous amount of airdrops of course everyone would be overreacting but the project itself is really good.
you see time arbitrum got listed in the exchange everything happened so fast, despite the fact that they quite literally giving away their coins to many the project is still good and alive.
you could say that the ones that received the airdrops are generally lucky since such chance wouldn't even come twice, so it's rather normal that arbitrum right now is the hottest coin ever.
even though in the future things might change, and many other better coin might come.

X-ray

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I just got this from my group in telegram. Someone earned lots of money

I saw that so many people were also earning 100k $ - 1 millions $. Most people are also earning thousands of dollars on average from arbitrum airdrop. Retroactive airdrop has become one of the biggest way to make money as big as you can.

The fact that if airdrop must not be underestimated. There may be another airdrop will be coming. ARB is one of the biggest airdrop right now. I expect some will come soon.

lobo13hf

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airdrops surely could be a really good marketing ways if done right, like with arbitrum, the money wasn't getting bagged by few individuals every one got their shares yet the project flourishing with new users and very active ecosystem. it quite literally break the myth that airdrops brings nothing but dump to the coin in general.

Mr. Magkaisa

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Quote from: cryptoaddictchie on March 21, 2023, 02:45:15 AM

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?

- What I see there is just hyped, I heard that too,.. When those kinds of tokens, we shouldn't be sending only hypes, you should still do your own research so that we don't blame other people for the decision we make.

Although, there is potential, but it seems that the hype is too much to believe that it has a strong potential, so as far as I know, the target is only up to 1-2$, and it should also be considered how many marketcaps will be needed for that to happen you say

o48o

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I couldn't resist and bought in at $1.3. It was my plan to try to get it cheaper, but i definitely see future potential so much in this that rather just dca it down then see it magically jumping to next ath every day. I would kick my feet so hard on the wall as this was the one thing i am sure about. It's just too good not to go up at least next to Uniswap. I am thinking this could be one of those creating insane hype link early days of LINK.

abel1337

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Quote from: SyndicateLabs on March 23, 2023, 08:53:05 AM

Yeah I just watched everything on the ARB exchange, that's a big exaggeration indeed.
Maybe the price is stabilizing now, hopefully some people don't lose their own money because of trading on CEX, maybe $1 will be maintained for all who want to sell ARB.
The hype this time attracted in part also thanks to the fact that the market condition is also showing many positive signals.

I'm somehow kind of expecting that kind of price movement from ARB because other anticipated airdrop tokens also had the same chart after it got listed on the market. As of now it is on the $1-2 range which is I think big for an airdrop token. The one who sold from the ATH of this coins are the one who really earned so much from their airdrop. I saw speculations that it might go $19 after the listing but yeah it's just an speculation and I believe they are over estimating things. I might grab some $ARB when prices and chart stabilized.

goaldigger

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Quote from: Anonylz on March 23, 2023, 02:50:55 PM

Arbitrum is more than hype, the network is buzzing with different Dapps building on it. What makes them stand out is their ability to airdrop massively to early adopters who took time to interact with their testnet during its early stage. Arbitrum is a huge project and already lots of projects using the network.
This is one of the most talked about L2 project that will be making a lot of waves in a few months to come, this is just the beginning.

This is not just a hype after all, they are making a good name here in cryptomarket and yes, many are already using their network.
Congrats to those who are using testing this platform since they one, you are now enjoying the fruit of your work and seriously I have a lot of friends who qualified to get the airdrop, I'm so happy for them. Hoping as well to experience a big airdrop like this. Looking forward for this project in the bull run.

tvplus006

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Quote from: livingfree on March 23, 2023, 03:14:08 PM

...Looking at the token's first early day from $11 down to $1 and that's just as expected. It will only be dumped by the majority of its holders and early investors...

Currently, only those ARB coins that were distributed as airdrop are in circulation on the market. As for early investors, their ARB coins are locked for 4 years and they will receive the first unlock 1 year after TGE. So after the mandatory dump, a price recovery will follow, since the number of coins in circulation will remain constant over the next year.

livingfree

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I am now seeing people that have got the token that are boasting their profits and that's good for them. That, they've managed to earn on this token and from its airdrop.

Looking at the token's first early day from $11 down to $1 and that's just as expected. It will only be dumped by the majority of its holders and early investors.

Well, there could be some recovery within the next days but that's just discouraging to see so if someone is interested to take his part on this token, good luck.

Anonylz

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Arbitrum is more than hype, the network is buzzing with different Dapps building on it. What makes them stand out is their ability to airdrop massively to early adopters who took time to interact with their testnet during its early stage. Arbitrum is a huge project and already lots of projects using the network.
This is one of the most talked about L2 project that will be making a lot of waves in a few months to come, this is just the beginning.

super bako

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Quote from: cryptoaddictchie on March 23, 2023, 11:28:13 AM

Quote from: super bako on March 23, 2023, 09:41:24 AM

the extraordinary aridrop arbitrum list first entered the market at a price of 11$, those who got airbitrum congratulations. and what has already been said is that the ARB airdrop immediately dropped in price to 1$ from the price of 11$ within one hour. big lost volume will there be big recovery again to 11$?

Yes saw that during early time but the claiming isnt allowed due to site is down. I am just able to claim it and able to send to binance now but still not reflecting there same with some of my friends. Thinking that the network still congested or some sort of problem since the transaction already completed.

definitely because the network is busy, because people who get the ARBITRUM airdrop simultaneously make the web down in total when claiming tokens. of the errors here may be deficiencies that must be corrected for the benefit of arbitrary network users. it's just a glitch that won't take long to get back to normal

cryptoaddictchie

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Quote from: super bako on March 23, 2023, 09:41:24 AM

the extraordinary aridrop arbitrum list first entered the market at a price of 11$, those who got airbitrum congratulations. and what has already been said is that the ARB airdrop immediately dropped in price to 1$ from the price of 11$ within one hour. big lost volume will there be big recovery again to 11$?

Yes saw that during early time but the claiming isnt allowed due to site is down. I am just able to claim it and able to send to binance now but still not reflecting there same with some of my friends. Thinking that the network still congested or some sort of problem since the transaction already completed.

super bako

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the extraordinary aridrop arbitrum list first entered the market at a price of 11$, those who got airbitrum congratulations. and what has already been said is that the ARB airdrop immediately dropped in price to 1$ from the price of 11$ within one hour. big lost volume will there be big recovery again to 11$?

Johnyz

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Quote from: crzy on March 23, 2023, 09:09:52 AM

Quote from: SyndicateLabs on March 23, 2023, 08:53:05 AM

Yeah I just watched everything on the ARB exchange, that's a big exaggeration indeed.
Maybe the price is stabilizing now, hopefully some people don't lose their own money because of trading on CEX, maybe $1 will be maintained for all who want to sell ARB.
The hype this time attracted in part also thanks to the fact that the market condition is also showing many positive signals.

People are rushing into the market now to ride with the hype, and as expect the price will dump because its overhyped.
There's a problem as well with claiming the reward for the hunter, though there's still 6 months left for them to claim the reward but I'm sure the price by that time will be lower than $1 because the hype will be over by that time. Lucky to those who are making a lot of money now, if you are late already better to wait for the price to stabilize.

What more if the airdrop can claim easily, you can expect the real bottom for this $ARB in just the first hour of its listing.
This is not new yes, but just like the other project it will recover because fundamentally this is a good project. Let those early investors and hunters take the profit, wait for the bottom price and grab that opportunity to hold. The future is still good for $ARB, still congrats to those who make profit.

Topic: Arbitrum Hype (Read 492 times)