Quote from: Desscount on June 26, 2023, 02:11:58 AM

Quote from: WalkerIVIV on June 25, 2023, 11:00:49 PM

Quote from: BaeSuzy on June 25, 2023, 10:33:09 AM

I think mid term we can see price between $5-$6. Will sell some then, and load back after it dips. Hopefully, arbitrum ecosystem adds more utility where it benefits users to hold their coins. This will help appreciate price further.

though the ecosystem was very active, it only full of shitcoins, hopefully though it will have some good quality projects like back in its early days and could compete even against ethereum.
but arbitrum overall i can see this growing significantly but just one thing, i wonder why the market capitalisation was still relatively low.

Yes, speaking as a whole, I think we need to appreciate Arbitrum,
related to that I hope there will be a new strategy to increase capitalization,
the most important thing is to continue to follow its development and we'll see.

I think current capitalisation of arbitrum is what these second layer blockchain actually deserve, after all, they are not L1 like any other out there that got high ranks.
the thing with these L2 as their name implies they only become alternative for ethereum because of gas fee thus their implementation of using ethereum for paying the gas fee so that
ethereum users could easily migrate over to the alternative blockchain to avoid the high gas fee but still it's only alternative.
thats why many just don't think L2 might worth that much but regardless the growth of these L2 has been massive.