Is ARB a rising star ? - page 5. | Bitcointalksearch.org

Kemarit

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Quote from: FireDAOJackie_Z on March 29, 2023, 09:46:22 PM

Since Arbitrum launched their native token ARB last week, the price of ARB has gone through ups and downs. The price as of now is $1.32 and this looks very good compared to the volatility of other altcoins. Arbitrum is considered to be the most promising Layer 2 project and there are also many new projects launched on Arbitrum which contribute to the overall growth of all. Do you believe that ARB is a rising star that will bring many users huge profit in the future ? Please let me know. By the way, I am with FireDAO team, in charge of the global community. Please contact me should you have any inquiries.

For now I would say that it's pure hype, I have seen it from exchanges that listed it gain a huge amount but after that, it's goes down as well. And we can say that right now, it might be hype for investors and just wanted to make money out of it.

But if you believed though that it's a good project with their promising Layer 2 then invest on it

Who knows, in the next bull run it could be big, so good luck with your project.

Jackl87

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Quote from: FireDAOJackie_Z on March 29, 2023, 09:46:22 PM

Since Arbitrum launched their native token ARB last week, the price of ARB has gone through ups and downs. The price as of now is $1.32 and this looks very good compared to the volatility of other altcoins. Arbitrum is considered to be the most promising Layer 2 project and there are also many new projects launched on Arbitrum which contribute to the overall growth of all. Do you believe that ARB is a rising star that will bring many users huge profit in the future ? Please let me know. By the way, I am with FireDAO team, in charge of the global community. Please contact me should you have any inquiries.

Well Arbitrum is by far the most used Ethereum Layer 2 at the moment as far as i know so it definitely has a reason why it entered the coinmarket cap ranking at around rank 30 from the beginning. I am not so sure though if there is enough room to grow in the future. I would think that the hype around Arbitrum is at the highest point right now because of the huge airdrop and so on. Also a lot of people are still holding their airdrop tokens and as soon as the price would try to break 2$ for example i would guess that people from the airdrop would start to sell off again and that would create a huge resistance. I think there are other projects out there that i would rather invest in now.

o48o

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Quote from: Kalchef on March 30, 2023, 05:51:34 AM

Quote from: bakasabo on March 30, 2023, 05:00:47 AM

Another rising star or another generous project that airdropped tons of money and made people rich. ARB can become second 1INCH - popular project, whos token value after huge airdrops did not manage to recover yet (or might never recover). I am afraid that ARB can become a project that will be remembered only as one of huge airdrops. But the project itself wont be demanded or used wide. A matter of hype. Once it is gone, ARB is dead.

I doubt this, before this project even launched a token it already has the highest TVL locked up and many new projects are using the Arbitrum chain already, also whales are buying this token heavily, this is not the type of project that will go down due to lack of hype when it's better than Optimism and Solana.

From the point of someone who has used both: you can't even compare them. Well you can but any other similar service is so much behind that i would short them all now. If arbitrum doesn't end up have a fatal exploit that would compromise everything, they are definitely winning the space. I mean why would i use anything else now that i can use something free of charge?

I am not sure how much people value the governage token model, and how much value the token will have but it sure as hell can be more than any competition.

ElmedoRator

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During the first week of the launch of the ARB native token, the value of ARB experienced sizable fluctuations. However, the current value of ARB is $1.32 and is considered very positive compared to the volatility of other altcoins. Arbitrum is a layer 2 platform of Ethereum that provides a solution to reduce costs and speed up transactions on this network. It helps to solve problems related to slow processing speed and high transaction fees on Ethereum. Arbitrum uses a technique called Optimistic Rollup to compress transactions into a block and minimize the number of times transactions need to be confirmed on the main chain.
It's basically bringing its own solutions that can be the direction of development and explosive trends for many projects in the future, so I don't have any doubts about its price or potential. it in the future.

Kalchef

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Quote from: bakasabo on March 30, 2023, 05:00:47 AM

Another rising star or another generous project that airdropped tons of money and made people rich. ARB can become second 1INCH - popular project, whos token value after huge airdrops did not manage to recover yet (or might never recover). I am afraid that ARB can become a project that will be remembered only as one of huge airdrops. But the project itself wont be demanded or used wide. A matter of hype. Once it is gone, ARB is dead.

I doubt this, before this project even launched a token it already has the highest TVL locked up and many new projects are using the Arbitrum chain already, also whales are buying this token heavily, this is not the type of project that will go down due to lack of hype when it's better than Optimism and Solana.

blockman

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It's still trending and if bitcoin's price pushes more then there will be a push also for ARB's price. As said being a rising star, we still don't know how long will last the trend that it has got recently. Those that have invested a lot on it, hopefully, you're able to capitalize your profits on it and can now buy while it's on $1. I haven't bought it yet but trying to monitor as there's a huge community that has been built through it and that's what my factor being thought off as a support to its potential rise.

Beparanf

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Quote from: FirmWars on March 30, 2023, 04:27:28 AM

Quote from: I_RodimusPrime on March 29, 2023, 11:01:16 PM

Indeed, A good investment under 1$ I guess for long term hold. It's maybe next Solona in the Bull Market. But DYOR. Don't put all your eggs in the same basket. Tongue

But ARB hasn't dropped under 1$ since it started trading on exchnages, it is why I am not buying yet, I believe this project as big as it is, it's way too overpriced right now, if 0.5$ per ARB never come true then I will take my eye off the project and find another blue gem for long term hold.

Bitcoin needs to dump below 25K in able for ARB token to dip that far from the current price. Crypto market is on the uptrend movement plus ARB tokens is very hot. The chance of this token to pump is very high base on the current market condition than dipping to 0.5$. Probably the crypto rally is over for ARB tokens to go that far.

Anyway, There’s no harm on waiting for the price to dip just to play safe. The only problem was you might missed the hype of this token and buy when it’s already stable on the dip.

bakasabo

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Another rising star or another generous project that airdropped tons of money and made people rich. ARB can become second 1INCH - popular project, whos token value after huge airdrops did not manage to recover yet (or might never recover). I am afraid that ARB can become a project that will be remembered only as one of huge airdrops. But the project itself wont be demanded or used wide. A matter of hype. Once it is gone, ARB is dead.

FirmWars

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Quote from: I_RodimusPrime on March 29, 2023, 11:01:16 PM

Indeed, A good investment under 1$ I guess for long term hold. It's maybe next Solona in the Bull Market. But DYOR. Don't put all your eggs in the same basket. Tongue

But ARB hasn't dropped under 1$ since it started trading on exchnages, it is why I am not buying yet, I believe this project as big as it is, it's way too overpriced right now, if 0.5$ per ARB never come true then I will take my eye off the project and find another blue gem for long term hold.

I_RodimusPrime

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Indeed, A good investment under 1$ I guess for long term hold. It's maybe next Solona in the Bull Market. But DYOR. Don't put all your eggs in the same basket. Tongue

kevindjunaidi

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Quote from: FireDAOJackie_Z on March 29, 2023, 09:46:22 PM

Since Arbitrum launched their native token ARB last week, the price of ARB has gone through ups and downs. The price as of now is $1.32 and this looks very good compared to the volatility of other altcoins. Arbitrum is considered to be the most promising Layer 2 project and there are also many new projects launched on Arbitrum which contribute to the overall growth of all. Do you believe that ARB is a rising star that will bring many users huge profit in the future ? Please let me know. By the way, I am with FireDAO team, in charge of the global community. Please contact me should you have any inquiries.

ARB is indeed good for a long-term investment and I have started to investing in ARB, so if the price of ARB rises to reach the ATH price or even create a new ATH price, then of course I can get a big profits from investing in ARB at this time, so from that I have started to investing in ARB every month.

FireDAOJackie_Z

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Since Arbitrum launched their native token ARB last week, the price of ARB has gone through ups and downs. The price as of now is $1.32 and this looks very good compared to the volatility of other altcoins. Arbitrum is considered to be the most promising Layer 2 project and there are also many new projects launched on Arbitrum which contribute to the overall growth of all. Do you believe that ARB is a rising star that will bring many users huge profit in the future ? Please let me know. By the way, I am with FireDAO team, in charge of the global community. Please contact me should you have any inquiries.

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