Arbitrum just announced that their raindrop is finally coming on the 23rd of march, it's so unfortunate that after spending over a year and half to make transactions on the Arbitrum chain I ended up with zero tokens for a claim, I ready that the total max supply is 10 Billion, way more higher than Optimism total supply, what do you think will be the highest price target for ARB token and what do you think is the good buying point for the token.
It's not termed "raindrop", it's "airdrop" for your information. Well, we are on the same boat for that, they didn't clearly stated what are the conditions for this airdrop so it's expected we won't be able to tell if we're eligible or not. I think the 10 billion tokens was just an initial supply so max/total supply is more than that. Hard to tell but 0.2 USD something is my speculation.
But the most common is for those who provide some interaction in the arbitrum even though there is nothing specific about this but many people have gotten their tokens from what they have done so far in the arbitrum network.
There has been a lot of speculation about the price of ARB later some big exchanges have announced the listing of this token some say $1 more there is another speculation under $1 because this is bigger than Optimism, but I'm not going to conclude I'll see how this ARB token reacts when it starts the listing is definitely on a bigger increase.