Popular Youtuber InvestAnswers claimed that ARB, the native token of Arbitrum, the much talked about Ethereum layer-2 (L2) scaling solution, will never reach $100.
YouTuber InvestAnswers caught attention with a recent video urging investors to be realistic about Arbitrum price. Average in the market from $1.30 one day of traded ARB 100 dollars thoughts that you might empty hopes The analyst, who stated that the
ARB’s idea of raising to $100 is a hollow hope. If that happens, Arbitrum’s market cap should reach $1.3 trillion. This will never happen. Put everything in perspective. Pay attention to what you read and write your numbers on the back of a napkin: Don’t say, ‘I can buy something for $1 and sell it for $100’. Don’t chase impossible dreams.
On the other hand, Arbitrum, which is seen as the rival of Polygon (MATIC), 87% of its supply is still locked Stating that they are not included in the circulating supply, the analyst was skeptical that even current prices can be maintained. Most of the already existing ARBs collected for a few whales InvestAnswers pointed out that the project “an overly centralized structure” defined as.
According to CoinGecko data, in the last 24 hours 10% off on the rise ARBat the time of writing from $1.26 is being traded.