Arbitrum price under pressure amid new ARB token unlock

Arbitrum's price slipped on Thursday after the market reacted to the release of more ARB ARB - $0.840737147244450 tokens into circulating supply. Arbitrum unlocks 92.65 million ARB ARB - $0.840737147244450 The ARB ARB - $0.840737147244450 token reached highs of $0.99 as Bitcoin led the crypto market higher with its spike above $66k.

Source: invezz.com

Related symbols: ARBUSD

2024-05-16 16:14:06 GMT.

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Price & Market Data

Price: $0.840737147244450

Volume 24h: $1,118,310,139.81

Market Cap: $3,444,802,603.78

Description

Arbitrum (ARB) is a cryptocurrency launched in 2023and operates on the Arbitrum platform. Arbitrum has a current supply of 10,000,000,000 with 4,097,359,817 in circulation. The last known price of Arbitrum is 0.83683663 USD and is up 5.97 over the last 24 hours. It is currently trading on 1039 active market(s) with $1,111,683,571.73 traded over the last 24 hours. More information can be found at https://arbitrum.foundation.