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As We wait For $ARB Airdrop, How Much Do You Think The Token Will Be Worth?

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Have you been on crypto twitter lately, especially the Arbitrum section, there is a lot of tension regarding what the future price of the upcoming $ARB token will be. Last week, on the 16th of March the official arbitrum tweeted and announced the arbitrum airdrop with the launch date which is on the 23rd of march and criteria for eligibility. The minimum airdrop recipient got 625 $ARB token and the maximum got 10250, but the real question is how much will they be worth on the 23rd of march? No one knows, so here comes the speculations and guesses.

source Using the optimism airdrop value, it is estimated that the value of $ARB might be listed within the range of $0.65 - $1 which is quite nice because the number of tokens that will be airdropped to wallets on that day will have the minimum token holder at $406 and the maximum token holder at $6,662. We have seen cases of tokens pumping way above their listing price after they go live, take the $APE token for instance, it was launched at $1 but pumped to above $10 later. Will the arb token do the same? Well, one thing I know for sure is that the time of announcement was a very strategic one, because this has given a lot of traders and investors the time to get their liquidity ready for trading and also for investing.

The arbitrum blockchain roll up is one of the biggest layer 2 roll ups on EVM, lots of projects have invested on the blockchain and the blockchain promotes DeFi, so its expected that the token will do great in terms of adoption, utilisation and investment. Hence, the reason some people are speculating the price to be above $10 because, using the ENS token which was airdropped to ENS domain name holders, the token got over $80 all time high price. Which made a lot of people get over $10k worth of token value. Will we be seeing the same thing? Possible but I doubt because of the supply of $ARB token, its supply should be one billion. In my opinion, I won’t sell the token immediately after launch, will wait for it to pump, then sell, then wait for the dump, to buy again. Just my 2 cent thinking.

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