Technical Difficulties Aren't Stopping Users From Claiming Arbitrum Airdrop
More than half of unique wallets have already claimed their ARB
Keep up with what's happening in the crypto world in real-time.
More than half of unique wallets have already claimed their ARB
ARB token sold-off upon listing at exchanges and some users reported a tech-issue laden claim experience, but the token could still follow the trajectory of previous airdrops.
Arbitrum's newly airdropped ARB token began trading at $8 before falling steeply to $1.30. Despite system overloads and errors, trading volumes have ballooned to $1.2 billion.
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.
ARB, the just airdropped token that powers the Arbitrum Decentralized Autonomous Organization (DAO), has seen extremely volatile trading conditions on Thursday.
Arbitrum's recently-airdropped DAO token reached a peak of $11.446 on March 23, 2023.
The long-awaited Arbitrum token finally dropped – and immediately tanked in value compared to its IOU.
With a new layer 2 token in town, the Arbitrum fever is on.
Arbitrum's newly airdropped token ARB price dropped by around 90% to $1.20 as investors rapidly dumped their token, according to CryptoSlate's data.
Arbitrum token's highly anticipated launch took place today, and it seems the trading frenzy has lived up to the hype.
The Layer 2 blockchain unveiled plans to release ARB tokens last week as part of a push to become more decentralized.
The long-awaited Arbitrum's native token, ARB, finally made its debut on the crypto market today, albeit with several hiccups and hurdles along the way. The price of Arbitrum (ARB) experienced a decline of roughly 90% from its IOU value and currently trades near the $1 range.
Trading for Arbitrum's hyped ARB governance token went live on Thursday, Mar.23 after the airdrop was announced last week.ARB trading kicked off across centralized crypto exchanges like BitMEX, Binance, Bitfinex, Kraken, and decentralized exchanges like Uniswap.The ARB airdrop heralds a new era for the Arbitrum ecosystem packed with a self-executing DAO and L3 developers stack for builders. Arbitrum's hyped ARB token entered the crypto market on Thursday amid massive token claims and price volatility after the Ethereum layer 2 scaling protocol announced its airdrop on Mar. 16 last week.
Users likely claimed the tokens by interacting with the smart contract directly as blockchain scanners and the website were temporarily down.
The Arbitrum token (ARB) is now trading at around $1.38 across centralized and decentralized exchanges after a turbulent launch.
The collection of scaling solutions for the Ethereum (ETH) network, Arbitrum, announced its airdrop this month. Recently, the largest crypto exchange by trading volume, Binance, pointed out listing its native utility token, ARB.
The highly-anticipated Arbitrum airdrop has finally gone live. Amid the hype, though, the project's homepage has crashed.
The long-awaited Arbitrum token (ARB) made its trading debut Thursday as volatility spiked on decentralized exchanges.
Amidst the U.S. cryptocurrency regulatory crackdown and the global banking crisis, the second largest digital asset Ethereum (ETH), has recorded an 18 percent uptick in daily traded volume. According to aggregate data from Binance-backed Coinmarketcap, the Ethereum market registered a 24-hour trading volume of approximately $12,392,144,477.
The front-ends were down amid massive interest from traders.
The Arbitrum airdrop claiming process has begun as the project becomes the latest Ethereum Layer 2 network to have a governance token.
The Ethereum layer-2 solution, Arbitrum, has seen massive growth in the number of transactions and addresses, and network traffic has been exploding as a result. The network processed more than 1.
Alongside transaction activity, DeFi liquidity has soared since Arbitrum announced the launch of its native ARB token.
The Arbitrum's native token, ARB, goes live on several exchanges while the users face issues claiming the tokens, as seen before during the Optimism airdrop.