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 - $0.543894706039740 tokens into circulating supply. Arbitrum unlocks 92.65 million ARB ARB - $0.543894706039740 The ARB ARB - $0.543894706039740 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: $0.543894706039740

Volume 24h: $245,081,602.32

Market Cap: $2,162,203,942.08

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 3,975,409,060 in circulation. The last known price of Arbitrum is 0.5424134 USD and is down -0.82 over the last 24 hours. It is currently trading on 1027 active market(s) with $246,617,601.16 traded over the last 24 hours. More information can be found at https://arbitrum.foundation.