Arbitrum airdrop sells-off at itemizing, however merchants stay bullish on ARB

The official Arbitrum airdrop web page crashed proper after the claiming course of started round 9 a.m. EST. Some customers nonetheless managed to assert it by various strategies like Arbiscan. Within the first two hours, the market witnessed a large sell-off of the token as its worth declined from over $10.29 to lows of $1.

At ByBit, the token began buying and selling for $7.50, however dropped to $1.50 inside minutes. On the time of writing, the token was buying and selling at $1.33.

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