Arbitrum airdrop-related selling subsides, but Dapp use sustains while smart money accumulates ARB

Arbitrum airdrop-related selling subsides, but Dapp use sustains while smart money accumulates ARB

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The Arbitrum token airdrop led to a massive dump of ARB tokens and projects in the Arbitrum ecosystem in a “sell-the-news” type of event. However, the Ethereum Layer-2 activity remains strong, with the selling pressure of ARB tokens likely done with, making the rollup well-positioned for further…

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