Arbitrum Tokens Rack Up $2B in Trading Volume, Analysts Point to Growth Ahead

Arbitrum’s native ARB tokens saw more than $2 billion in trading volume in the first 24-hours since going live, data shows.

The ARB token serves as a means of governance for the protocol. Holders of ARB can participate in decision-making processes, such as proposing and voting on protocol upgrades or changes. Among crypto exchanges, Bitget and Huobi led volumes with over $250 million worth of ARB traded. Decentralized exchange Uniswap, which relies on smart contracts to match trades between users, saw over $227 million in trading volumes – which netted over $500,000 inARB traded over $1.43 at press time on Friday, garnering a market capitalization of $1.8 billion based on a circulating supply of 1.

“We’re seeing a feverish trading environment for ARB tokens as the airdrop just launched. Airdrops logically garner a lot of retail attention, but often result in the price tanking as traders offload their tokens rapidly,” said Henry Liu, CEO of BTSE, in a Telegram message to CoinDesk. “Despite the selling pressure from the airdrop, it remains to be seen what potential utility there is, and whether integration into Arbitrum’s wider DeFi system could provide some new impetus for bullish sentiment,” Liu added.

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Arbitrum Users Claim 42M ARB Tokens in First Hour of AirdropOver 42 million ARB tokens were claimed in the first hour as Arbitrum's much-anticipated token airdrop went live on Thursday. By shauryamalwa. shauryamalwa I’m always seeing comments about TraderRyanbenja Pumping group almost everyday since last week on twitter, which I joined a few days ago, lol now I’m here referring people to join too, because through his pump I have recover from my lose in recent cryptocrash shauryamalwa có nhận đc loz ấy. ĐM dev shauryamalwa Xạo lồn lier
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Arbitrum (ARB) | Binance ResearchRecent Binance listing: $ARB Arbitrum is a suite of scaling solutions on Ethereum that utilize Optimistic Rollup, allowing users to enjoy faster speed and cheaper transaction costs when interacting with web3 dApps. Learn more ⤵️ Damn bots are fkn fasters😂 Everything's falling into place for Arbitrum! Sweet! Ok great, I also listen to ChiefraFba for signals and analysis!..I have a 93% win rate in 3 months of copying his signals!
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Arbitrum Site, Blockchain Scanner Down Ahead of ARB AirdropBREAKING: Arbitrum website and blockchain scanner was down ahead of the ARB token airdrop. By shauryamalwa. arbitrum shauryamalwa lol. you guys not ready with the hype. arbitrum shauryamalwa Arb is the new solana ? arbitrum shauryamalwa rpc too
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Arbitrum (ARB) Listing Will Be Advanced | Binance SupportFellow Binancians, The trading start time for Arbitrum (ARB) , originally set at 2023-03-23 17:00 (UTC), will be advanced to 2023-03-23 15:00 (UTC). For more information: Binance Will List Arbitr... arbitrum Man this sht gonna dump to like 0.1$ if it keeps going arbitrum Crypto_J001 arbitrum Hope it's fiat trading?
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