Arbitrum (ARB) came to the fore with the announcement of the airdrop after a long time, while the price of ARB “will there be an increase?” The question was of interest.
Arbitrum, which emerged as an Ethereum scaling project, made a name for itself with the strong support and large-scale investments it received. The popular project, along with Optimism and Aptos, has been shown among the most important crypto projects of the future. Recording billions of dollars of ecosystem activity, the majority of expectations were for the ARB airdrop, the project’s native token. Arbitrum announced that it will airdrop for ARB on March 23. So after this airdrop, will there be an increase in the ARB price?
Will Arbitrum (ARB) Be Like Aptos After Airdrop?
Arbitrum (ARB) has come to the fore in the crypto industry with its important work and large investments in its ecosystem. The popular project also announced the airdrop date for ARB, which is seen as the only missing. Another curious issue in the project, which will distribute ARBs to ecosystem users with an airdrop on March 23, was the possibility of a rise in the project just like Aptos or Optimism. However, some crypto users began to worry about the details in the ARB supply distribution.
Arbitrum uses a technology known as optimistic rollup. It means that transactions made through Arbitrum will be instantly valid and correct. The project stands out with its business developments with the Norwegian government, hundreds of millions of dollars of investments from strong investors, and strong ecosystem developments.
All these expectations suggest that there may be a strong bull run on the ARB side. However, Offchain Labs, the team behind Arbitrum, has come under the spotlight for their token distribution. The total supply for ARB is determined as 10 billion units, with approximately 44 percent of it allocated to the project team and the treasury. The remaining 56 percent will be transferred to circulation. However, this brought the subject of Ripple (XRP) to mind. Ripple has had serious problems for years due to token distributions.
On the other hand, bullish signals started to come for ARB. While sharp movements were observed in many network activities, it was remarkable that the products in the ecosystem experienced strong increases.
Announcement Boosts Orientation to Arbitrum Ecosystem
After the highly anticipated airdrop decision, Arbitrum has seen intense demand from the crypto industry.
The preparations of airdrop winners, the expectations of crypto investors waiting to be listed, and the hopes of maximalists who want the crypto industry to flourish. In the ARB distribution, which the entire crypto industry is eagerly waiting for, it comes to mind whether it can experience a rise like Aptos.
Aptos saw a drop after the airdrop and listing. But the next Aptos bull brought with it an incredible rise in the project. APT had achieved an increase of more than 500 percent.
It is not known whether there will be a similar rise in Arbitrum. The community thinks that there will not be a rise like Aptos due to distributions in the token supply. However, on the other hand, leaving only 56 percent to the community and transferring it through regular unlocking may lead to a rise in the short term.
In addition, many DeFi projects in Arbitrum’s ecosystem started to experience increases in demand. The investor base of the crypto industry has started to gain ground in the popular ecosystem.
The shift of interest and popularity to the Arbitrum ecosystem may lead to price increases depending on the market conditions on the day of the stock market listings. The starting price of ARB, which seems likely to move with volatility, is estimated to be around $ 0.35. However, investors need to pay attention to the ARB token supply and token unlocks. Because about 12.6% of these tokens will be airdropped. It is said that approximately 1.26 billion ARBs could enter circulation.
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