{"id":620704,"date":"2023-03-22T11:49:21","date_gmt":"2023-03-22T16:49:21","guid":{"rendered":"https:\/\/news.sellorbuyhomefast.com\/index.php\/2023\/03\/22\/arbitrums-arb-token-to-start-trading-on-23-march-heres-how-you-can-profit-from-the-launch\/"},"modified":"2023-03-22T11:49:21","modified_gmt":"2023-03-22T16:49:21","slug":"arbitrums-arb-token-to-start-trading-on-23-march-heres-how-you-can-profit-from-the-launch","status":"publish","type":"post","link":"https:\/\/newsycanuse.com\/index.php\/2023\/03\/22\/arbitrums-arb-token-to-start-trading-on-23-march-heres-how-you-can-profit-from-the-launch\/","title":{"rendered":"Arbitrum\u2019s ARB Token to Start Trading On 23 March! Here\u2019s How You Can Profit from the Launch"},"content":{"rendered":"<div role=\"main\" id=\"main-content-row\">\n<article id=\"the-post\" data-post-url=\"https:\/\/coinpedia.org\/news\/arbitrums-arb-token-to-start-trading-on-23-march-heres-how-you-can-profit-from-the-launch\/\" data-post-title=\"Arbitrum\u2019s ARB Token to Start Trading On 23 March! Here\u2019s How You Can Profit from the Launch\" data-post-edit=\"https:\/\/coinpedia.org\/wp-admin\/post.php?post=187218&#038;action=edit\" data-share-title=\"Arbitrum%E2%80%99s%20ARB%20Token%20to%20Start%20Trading%20On%2023%20March%21%20Here%E2%80%99s%20How%20You%20Can%20Profit%20from%20the%20Launch\" data-share-link=\"https:\/\/coinpedia.org\/news\/arbitrums-arb-token-to-start-trading-on-23-march-heres-how-you-can-profit-from-the-launch\/\" data-share-image=\"https:\/\/image.coinpedia.org\/wp-content\/uploads\/2020\/07\/24084101\/Crypto-bulls-1.jpg\">\n<div>\n<figure><img loading=\"lazy\" width=\"730\" height=\"411\" src=\"https:\/\/image.coinpedia.org\/wp-content\/uploads\/2020\/07\/24084101\/Crypto-bulls-1.jpg\" alt=\"Crypto bulls\" decoding=\"async\" data-main-img=\"1\"   data-old-src=\"data:image\/svg+xml,%3Csvg%20xmlns='http:\/\/www.w3.org\/2000\/svg'%20viewBox='0%200%20730%20411'%3E%3C\/svg%3E\" data-lazy-srcset=\"https:\/\/image.coinpedia.org\/wp-content\/uploads\/2020\/07\/24084101\/Crypto-bulls-1.jpg 730w, https:\/\/image.coinpedia.org\/wp-content\/uploads\/2020\/07\/24084101\/Crypto-bulls-1-300x169.jpg 300w, https:\/\/image.coinpedia.org\/wp-content\/uploads\/2020\/07\/24084101\/Crypto-bulls-1-390x220.jpg 390w\" data-lazy-src=\"https:\/\/image.coinpedia.org\/wp-content\/uploads\/2020\/07\/24084101\/Crypto-bulls-1.jpg\"><\/figure>\n<\/div>\n<div>\n<p>The eyes of the crypto market are currently on Arbitrum as it seeks to revolutionize the industry in the upcoming days. Arbitrum\u2019s highly anticipated ARB token is set to start trading on 23rd March, so the buzz around this launch is palpable. Furthermore, as an innovative Layer 2 scaling solution for Ethereum, Arbitrum has garnered significant attention within the crypto community. Hence, investors are eagerly waiting for the launch to make significant profits with the ongoing hype.\u00a0<\/p>\n<h2 id=\"h-is-arb-token-s-launch-a-big-deal\">Is ARB Token\u2019s Launch a Big Deal?<\/h2>\n<p>As the popularity of Ethereum and DeFi applications continues to grow, the demand for Layer 2 solutions like Arbitrum is also rising. With its innovative technology and ability to significantly improve Ethereum\u2019s performance, the ARB token launch is poised to attract considerable interest from the crypto community.<\/p>\n<p>With Arbitrum\u2019s potential to revolutionize Ethereum\u2019s scalability and reduce transaction fees, early adopters of the ARB token could reap the rewards of the platform\u2019s success. With Thursday\u2019s claim event looming, both centralized and decentralized exchanges are launching derivative markets for the Arbitrum (ARB) token.\u00a0<\/p>\n<p>The decentralized platform, Clober, now offers traders the opportunity to purchase put options on ARB at strike prices ranging from 50 cents to $16. Since their introduction, these options have generated over $50,000 in trading volumes over the past 24 hours, hinting at the market\u2019s craze on the ARB token\u2019s launch.\u00a0<\/p>\n<p>As the countdown to the Arbitrum (ARB) token launch on 23 March draws closer, traders eagerly anticipate the potential profit opportunities. Traders are looking to capitalize on the hype surrounding the ARB launch by taking advantage of the potential price volatility that often accompanies such events.\u00a0<\/p>\n<p>A well-known crypto analyst, Mac, <a href=\"https:\/\/twitter.com\/MacnBTC\/status\/1637800589630357506?s=20\">outlined certain points<\/a> which will take place on ARB token\u2019s launch day:<\/p>\n<ul>\n<li>On the day of the ARB launch, there may be a significant decrease in liquidity for other altcoins on major centralized exchanges (CEX). As a result, it may not be advisable to hold long positions in other altcoins during the launch.<\/li>\n<li>ARB token\u2019s price may follow a similar pattern to that of BLUR and UNI. Market-makers and airdrop claimers may tend to sell their tokens, resulting in a temporary price decrease. Once the airdrop claim rate reaches around 60-80%, investors may witness a bounce in the price.<\/li>\n<li>Following the initial price pump, there may be an extended distribution period before accumulation, and a significant price increase several weeks later can be observed.<\/li>\n<\/ul>\n<p>The analyst further points out the opportunities for traders to make overwhelming profits on 23 March. According to him, a short-term price under $1 for the ARB token is ideal. The analyst advises closely monitoring the market and analyzing the airdrop claim rate using the Dune dashboard.\u00a0<\/p>\n<p>Once the claim rate reaches around 60%, traders can start purchasing tokens. Following the launch, an initial price pump will likely only last a few days at most. Hence, it is better to sell during this pump to capitalize on any short-term gains.<\/p>\n<\/div>\n<div>\n<h4>Was this writing helpful?<\/h4>\n<h5> <span data-toggle=\"modal\" data-target=\"#myModal\">No<\/span> <span onclick=\"likeFunction()\">Yes<\/span><\/h5>\n<\/div>\n<div>\n<p><a href=\"https:\/\/coinpedia.org\/author\/shayan\/\"> <img loading=\"lazy\" decoding=\"async\" data-del=\"avatar\" alt=\"Photo of Shayan Chowdhury\" src=\"https:\/\/image.coinpedia.org\/wp-content\/uploads\/2022\/10\/06131803\/telegram-cloud-photo-size-5-6177179973115294139-x-300x300.jpg\" height=\"180\" width=\"180\"> <\/a><\/p>\n<div>\n<h3><a href=\"https:\/\/coinpedia.org\/author\/shayan\/\">Shayan Chowdhury<\/a><\/h3>\n<p> Shayan is a digital nomad and a professional journalist. He delivers high-quality engaging articles to Coinpedia through his in-depth research and analysis.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<p><a href=\"https:\/\/coinpedia.org\/news\/arbitrums-arb-token-to-start-trading-on-23-march-heres-how-you-can-profit-from-the-launch\/\" class=\"button purchase\" rel=\"nofollow noopener\" target=\"_blank\">Read More<\/a><br \/>\n Shayan Chowdhury<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The eyes of the crypto market are currently on Arbitrum as it seeks to revolutionize the industry in the upcoming days. Arbitrum\u2019s highly anticipated ARB token is set to start trading on 23rd March, so the buzz around this launch is palpable. Furthermore, as an innovative Layer 2 scaling solution for Ethereum, Arbitrum has garnered<\/p>\n","protected":false},"author":1,"featured_media":620705,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[120600,22591],"tags":[],"class_list":["post-620704","post","type-post","status-publish","format-standard","has-post-thumbnail","category-arbitrums","category-token"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/620704","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/comments?post=620704"}],"version-history":[{"count":0,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/620704\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media\/620705"}],"wp:attachment":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media?parent=620704"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/categories?post=620704"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/tags?post=620704"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}