Arbitrum strongly shows bullish momentum. The price of ARB is increased by around 11% in the last 24 hours with its trading volume.
- Arbitrum’s price is increased by 9.10% in the last 24 hours with total volume.
- The Binance listing pattern suggests a high possibility of growth for ARB.
It has been a week since the largest Ethereum layer-2 solution Arbitrum (ARB), distributed its long-awaited governance token to the community members. The users successfully claimed over $1 billion worth of tokens.
Arbitrum Shows Bullish Momentum
The Arbitrum has seen notable price movement in recent times. At the time of writing, the trading price of ARB is $1.38, with a 24-hour trading volume increase of 76.56%. Arbitrum is up 11.48% in the last 24 hours, according to CoinMarketCap. The increase brings it closer to the initial listing high.
At the time of launch, Arbitrum saw a price drop of around $5 to $1 in minutes, followed by a successful rebound. After the price decline, Arbitrum has now seen a huge increase in the last 24 hours.