Why did AR plummet? Because holding AR can get AO airdrops, but it will not be unlocked until February next year. Hot money can't wait that long, so they sold and left.
The official definition of AO is that it surpasses BTC, because technical logic does surpass BTC, but the market is profit-seeking, and it is found that holding AR cannot bring big returns in the short term, so they naturally leave.
But everyone did not notice that the overall economic model design is to make blood-sucking attacks on all other chains. The output of AO is not out of thin air, but because assets come to this ecosystem, AO is produced. So AO is valuable.
In the short term, the market will continue to fall, but I am still firmly bullish$AR $ETH $BTC