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Many people expect the price of ARB to increase because of what Arbitrum has done since its launch.
TVL is currently posted at more than 2.9 billion USD and sometimes peaks at 3.5 billion USD.
The projects in Arbitrum's ecosystem are truly quality projects, but there is something that very few people pay attention to for projects with high TVL and low capitalization. Looking at this number, no one really thinks. ARB has such low prices.
Why did ARB's price drop so suddenly?
At a price range of more than $2.40, it gradually decreased until it was currently $1.10 and yesterday it dropped to $0.86.
The main reason when you look at my photo will be easy to understand. During the ARB round, more than 1 billion tokens were released into the market with the current amount of tokens being more than 2.6 billion ARB in circulation. Increasing ARB's capitalization from more than $1 billion to $2.9 billion at the present time.
The reason the price of ARB dropped sharply is due to the dilution of the token in the market.
In the near future, you will see ARB's price below 1$ because of the following two simple things.
1. The market is very bad and BTC has had a strong increase in price throughout 2023 and early 2024, it's time to adjust, in addition to a series of important events this April, in a few days#Bitcoinwill Halving and#CZare about to appear in court.
2. Arb will be unblocked monthly with the number of inflation tokens coming out of the market is 92.63 million $ARB out of the market from now until March 2027.
Considering such factors, you need to consider ARB's price range in the near future to make long-term investment choices. The#ARBprice range is expected to be 0.5 - 0.7, which will be an option to hold in the long term.