Arbitrum or
ARB Coin has recently caught the attention of the crypto market due to its potential for a comeback. After a significant 80% price drop, experts in the field are awaiting a
resistance breakout, which could be key to its reversal. Meanwhile, ARB Coin continues to hold a bearish pattern, with potential deficits predicted during ongoing market struggles. Regardless, there is still optimism towards ARB, fuelled by listing on
Robinhood and exciting partnerships such as Layer 3 AI. Its performance drove a surge of approximately 15% following the
Robinhood announcement, and an impressive 12% amidst Robinhood listing and subsequent trading volume increase.
Coinbase's L2 Ethereum Network Base has reportedly overtaken ARB as the leading rollup by TVL. However, there seems to be a rise in whales or large-scale investors buying into ARB stirring anticipation. ARB coin's unlock event also appears pivotal for its performance and potential surge. For instance, a sum of $25M ARB was moved to Coinbase before a token unlock. The future prospects of ARB are glowing due to
staking and governance upgrades implemented by the Arbitrum DAO, boosting the coin’s utility. Presale figures for new and upcoming tokens like Qubetics and Toncoin hint at the growing strength of assets like ARB. Nonetheless, the coin's future trajectory might be challenged by declining token value and trading volume variations.
ARB Coin News Analytics from Mon, 07 Jun 2021 13:30:59 GMT to Wed, 16 Apr 2025 14:00:01 GMT -
Rating -4
- Innovation 7
- Information 6
- Rumor -8
