Arbitrum’s Governance Token ARB Ranks Within Top 40 Market Capitalizations Following Airdrop

Following the Arbitrum token airdrop, ARB has become a top 40 cryptocurrency as it currently holds the 37th largest market valuation out of more than 23,000 listed digital currencies. Currently, there is a circulating supply of 1,275,000,000 ARB, and the Arbitrum Foundation’s DAO Treasury holds 3.52 million or 35.27% of the airdropped supply. Over the [...]

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Arbitrum Airdrop Goes Live: ARB Price Drops More Than 85%

On Thursday, the Arbitrum airdrop claiming process went live and ARB markets dropped more than 85% lower than pre-IOU market prices recorded the day before. Arbitrum airdropped just over a billion ARB tokens, or 11.6% of the total supply. At noon ET, more than 474 million tokens had been claimed. Wild Volatility for ARB Token: [...]

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ARB Token Airdrop: Anticipation Spurs IOU Markets for Arbitrum’s Native Cryptocurrency Asset

A week ago, the Ethereum layer two scaling solution Arbitrum announced the launch of its native token called ARB, and since then IOU markets have launched giving some indication of how much the token may be worth. ARB claiming begins March 23 and when people get their coins on exchanges, the token’s value may turn [...]

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Arbitrum’s ARB token signifies the start of airdrop season — Here are 5 to look out for

Arbitrum developers announced an airdrop of its governance token, ARB, to eligible users and DAOs on the Ethereum Layer-2 platform. An average user received around 625 ARB tokens, which corresponds to around $625 to $1,250, according to pre-launch trading prices and popular estimations. The prospect of earning free money has instilled excitement around users looking [...]

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Arbitrum Announces Massive $ARB Airdrop (23 March) and Layer-3 Solution Arbitrum Orbit

Arbitrum has announced a huge ARB token airdrop and new Layer-3 toolkit for 23 March 2023. Here's your need-to-know guide!

The post Arbitrum Announces Massive $ARB Airdrop (23 March) and Layer-3 Solution Arbitrum Orbit appeared first on CoolWallet.

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Here’s what happened to Arbitrum post-airdrop

The number of new wallets making initial transactions has gradually decreased post-airdrop, indicating a decline in new user adoption following the event.

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