Topic: Arbitrum Token Initial Price Speculation - page 2. (Read 800 times)
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afraid that with the appearance rate of these l2 maybe these l2 like arbitrum which starts the trend, might become outdated quite easily, there are many new technology appearing with every iteration of layer 2 even also increase the overall scalability, it just means that overtime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.
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.
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.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
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
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
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.
Dunno... After the shenanigans, it's making it hard to make a move.
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.
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.
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/arbitrumI 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/
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.
With the huge amount of airdrops to the arbitrum community, am surprised the price of arb is still above $1, I was really hoping to see it under $1 to be able to buy a good amount.
I can't really specula but I think arb can go as high as $5-1o in thr next bull season
I can't really specula but I think arb can go as high as $5-1o in thr next bull season
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.
I guess there will be a couple of weeks accumulation before a 3x or something. But it doesn't matter.. I'm treating it as if the airdrop didn't happen. Lol.
imo, people need to learn more about Arbitrum and other crypto projects, master their knowledge and assess risks before making investment decisions. Speculation is a risky activity and is not recommended. Arbitrum speculation can involve significant risks and losses. Arbitrum speculation requires a high level of investment knowledge and experience, and is not suitable for beginners.
To me, Arbitrum is a Layer 2 platform on Ethereum that provides scalability and transaction acceleration on the Ethereum blockchain. With Arbitrum, transactions are done quickly and transaction fees are lower than those done on the main Ethereum blockchain. And I have full confidence that it will always maintain its position in this market, before receiving another growth.
To me, Arbitrum is a Layer 2 platform on Ethereum that provides scalability and transaction acceleration on the Ethereum blockchain. With Arbitrum, transactions are done quickly and transaction fees are lower than those done on the main Ethereum blockchain. And I have full confidence that it will always maintain its position in this market, before receiving another growth.
...People who are selling their airdrop, i don't understand their reasoning, after all they have used this and know how powerful it is.
Maybe they think they can catch the falling knife but that definitely wouldn't be my tactic with arb right now
Maybe they think they can catch the falling knife but that definitely wouldn't be my tactic with arb right now
I am sure that not everyone who sold their airdrop will continue to buy ARB even if the price of the coin decreases. And I would not be surprised if part of the proceeds will be withdrawn to fiat to meet material needs. And perhaps some more part will be invested in another coin, which in his opinion can bring even greater profit.
-cut-
I see definitely ARB going over polygon ath marketcap at some point,
-cut-
I see definitely ARB going over polygon ath marketcap at some point,
-cut-
I might add that it's not only based on my feelings about it but the collective emotion and it"s on hype phase as coinmarket has listed it most trending in both 7 days and 24h timeframes.
This means ton of free advertising slowly affecting people and before we know it, it will be on FOMO-phase.
Only slight problem i see is that governage model is never going to be as hot in terms of tokenomics game theory.
Well, they know how they're making money on it and no doubt with first, the developers are going to earn huge on this. And for those cheaters that do abuse airdrops like this, it's temporary that they'll earn quite big but soon, they'll be caught and might disqualified with the distribution. If, the team conducts another testing and checking of the eligible participants.
I completely agree that abusing airdrops is not only illegal but also illegal and unethical. Misuse of the airdrop will lead to a loss of user trust and can have serious consequences for the reputation and development of the project.If the participants of the airdrop do not meet the conditions of the program, then they should not receive the reward. Misuse of airdrops is not only a violation of the rules of the program, but is also an act of fraud and can be prosecuted under the law.
However, sometimes some still show their ability to adapt well to the rules to monetize the vulnerabilities.
Pure speculation, there is already a lot of comparisons happening between other layer 2 networks that did airdrop before like Optimism.
Check this photo:
This is mirroring the market cap of other chain networks, this is just speculation or prediction. The majority of people really predict the price could be around starting at $1 - $5. So, let's wait for it.
I also love the airdrop distribution because there are only a few people who got big sizes.
I see definitely ARB going over polygon ath marketcap at some point, when ever the bullrun starts it will climb there matic is, so i see ton of room o grow. i have bought 1.4 and 1.3 and keep on dollar averaging this slowly as i didn't get the airdrop. People who are selling their airdrop, i don't understand their reasoning, after all they have used this and know how powerful it is.Check this photo:
This is mirroring the market cap of other chain networks, this is just speculation or prediction. The majority of people really predict the price could be around starting at $1 - $5. So, let's wait for it.
I also love the airdrop distribution because there are only a few people who got big sizes.
Maybe they think they can catch the falling knife but that definitely wouldn't be my tactic with arb right now
With the huge amount of airdrops to the arbitrum community, am surprised the price of arb is still above $1, I was really hoping to see it under $1 to be able to buy a good amount.
I can't really specula but I think arb can go as high as $5-1o in thr next bull season
I can't really specula but I think arb can go as high as $5-1o in thr next bull season
according to coinmarketcap, ARB token started trading at $11.14...
Do you personally know someone who was able to sell ARB at a price close to $10? By the time the price was trading at this level, no one had yet been able to get their airdrop and, accordingly, only those coins that were provided by the project as liquidity security were traded on the exchanges.
We have makishart who sold at $7, I'm sure there ought to be people who sold it at even higher price.
There were single sided liquidity pools available and people had filled it with millions before the launch of arb. I am not aware of arbitrum project filling pool, there was no need for 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.
according to coinmarketcap, ARB token started trading at $11.14 and now the price of ARB is $1.25, that is according to my expectation, because in my opinion $1 or even below $1 is the right price for ARB at this time, because the total supply is 10,000,000,000 ARB and circulating supply 1,275,000,000 ARB, so in my opinion a price above $10 is too high for ARB right now.
agreed I think $1 is already good enough value, but I guess if the project itself is getting better by the time, then it might eventually recover back to $10 but honestly this $10 price for ARB is just temporary rise caused by the fact that it was first getting listed in the exchange. many are overvaluing the ARB at that time. according to coinmarketcap, ARB token started trading at $11.14...
Do you personally know someone who was able to sell ARB at a price close to $10? By the time the price was trading at this level, no one had yet been able to get their airdrop and, accordingly, only those coins that were provided by the project as liquidity security were traded on the exchanges.
according to coinmarketcap, ARB token started trading at $11.14 and now the price of ARB is $1.25, that is according to my expectation, because in my opinion $1 or even below $1 is the right price for ARB at this time, because the total supply is 10,000,000,000 ARB and circulating supply 1,275,000,000 ARB, so in my opinion a price above $10 is too high for ARB right now.
They have a huge supply but considering its technology, I’m sure its possible to reach the price of $10 but it will take time or maybe can only happen in the next bull run. The hype is slowly fading since the airdrop is done already, let’s see in the next few months the trend of this token, I’m still bullish with $ARB though and I’m just waiting for the right time to accumulate more. Jump to: