Arbitrum

ARB

USD

$1.18739 ≈ $ 1.18739

+￥5204,24 3.6% 1D

1D 1M 1Y ALL

Updated: 2023-06-07

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Market Cap (USD)	1.51B
24H Volume	328.08M
Circulating Supply	1.28B ARB
Maximum supply	10B ARB
All Time High	8.67
Rank	38

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About Arbitrum (ARB)

Arbitrum is a rollup chain designed to improve the scalability of Ethereum. It achieves this by bundling multiple transactions into a single transaction, thereby reducing the load on the Ethereum network. Arbitrum is conducting an airdrop of its native token, ARB, to users who have previously used certain Ethereum-based applications. This is being done to incentivize users to try out the Arbitrum network and to increase adoption of the protocol. The trading volume of Arbitrum (ARB) is $114,379,448.69 in the last 24 hours, representing a 53.70% increase from one day ago and signalling a recent rise in market activity. The highest price paid for Arbitrum (ARB) is $8.67 , which was recorded on Mar 23, 2023 (about 2 months). Comparatively, the current price is -87.10% lower than the all-time high price. The lowest price paid for Arbitrum (ARB) is $1.06 , which was recorded on May 08, 2023 (13 days). Comparatively, the current price is 5.60% higher than the all-time low price. Market capitalization of Arbitrum (ARB) is $1,423,050,278 and is ranked #39 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of ARB tokens (1.3 Billion tokens are tradable on the market today). The fully diluted valuation (FDV) of Arbitrum (ARB) is $11,161,178,651 . This is a statistical representation of the maximum market cap, assuming the maximum number of 10 Billion ARB tokens are in circulation today. Depending on how the emission schedule of ARB tokens are designed, it might take multiple years before FDV is realized. The community is bullish as more than 65% of users are feeling good about Arbitrum (ARB) today.

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Arbitrum Market

Currency	Price	24h Change	Action
ARB /USDT 3X Margin	$1.18739	+3.6%	Trade
ARB /USDT Perpetual	$1.1799	+3.50%	Trade
ARB /USDT Spot	$1.18739	+3.6%	Trade

Arbitrum(ARB) Links

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Arbitrum FAQs

1. What determines the price of Arbitrum?

There are two schools of thought in determining the price of Arbitrum.

By way of intrinsic value: This typically involves on-chain metrics, project metrics and financial metrics of Arbitrum, collectively known as fundamental analysis. The law of supply and demand, tokenomics, use case, project roadmap as well as regulations and governance involved would affect the value of Arbitrum from a long term perspective.

By way of price action: Primarily analyzed via candlestick chart patterns and technical indicators such as MACD, RSI and the bollinger bands, technical analysis forecasts the price of Arbitrum on the basis that history tends to repeat itself. As the candlestick charts are a general representation of the emotion of the market, news announcements and community sentiment can be significant price action drivers for Arbitrum as well.

HODLers tend to prefer the long term nature of fundamental analysis, whereas short term traders tend to rely on technical analysis more. In reality, both analyses may combine and create interesting scenarios for Arbitrum and the cryptocurrency market as a whole.
2. What is the highest price of Arbitrum in history?

Arbitrum achieved the all-time high of $8.67 in 2023-03-23, and is currently trading at $1.19.
3. What is the lowest price of Arbitrum in history?

In 2023-05-08, Arbitrum reached the all-time low of $1.06.
4. Should I buy Arbitrum now?

It is important to remember that Arbitrum, like all other cryptocurrencies, are subject to extreme market conditions, legal policies, project team management and other unpredictable factors. As such, cryptocurrencies fluctuate greatly and it is important to manage your own risk level. Users are advised to do your own research when making investment decisions in the crypto market.