Quote from: Jonyshake71 on January 17, 2024, 06:05:29 PM

Quote from: libert19 on January 17, 2024, 06:03:10 AM

Quote from: Jonyshake71 on January 16, 2024, 11:43:26 AM

its price have rebounded with remarkable price and even indicates that its growth may keep continue for whole year

I expect dump due to huge unlock that's coming in March [1], and more unlocks every 4 weeks after that. We are in bullish market and these unlocks have bearish impact,

i also heard about unlocking their supply although I'm unsure about the percentage and how many arb is going to unlock after every 4 weeks.

You can check defillama page linked in comment you quoted, it stats all.

Quote

I think arb team keep doing such pump so that they can reach more and more people now. And trying to let them know that they are potential altcoin so that they could have more investment during their unlocking period and thus unlocking Supply will effect less on arbitrum value cause then many new investor will buy which could prevent the price from dumping more. I think that's the point and BTC halving could be an issue that will effect arb price too but afterward it will fly again. Although i still believe it won't dump that much due to its higher demand & potentiality

That may be true, I heard on Twitter that Arbitrum investors may pump $ARB before unlock, so it can sustain the selling pressure and they get good prices to offload, the recent pump was due to hype regarding ARB reaching ATH TVL, but I wouldn't be surprised if there was manipulation involved in reaching this milestone too.