ARBITRUM TOKEN

The market bottom for crypto may not be in yet because people are still calling for lower lows. We just have to be careful before investing in crypto. The year was a huge year for Polygon, with so many partnerships from Starbucks to Instagram and many more. Over 37,000 dApps currently running on Polygon, and it is a major player in the dApp space. Polygon has even flipped to Binance smart chain in daily transactions. The big question is, Can this year be another huge year for Polygon? I have no idea what massive partnership Polygon has lined up and what it going to be announced. But what we do know is coming is Polygon zkEVM.

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This is the layer 2 scaling solution for Ethereum. This could be a whole major catalyst for major tokens. Although Ethereum will be used for gas fees on the zkEVM network, Matic will be used for staking and governance. Layer 2s are the talk of the town right now, so I expect the release of zkEVM. When it does come, we expect it to be big deal but we don't know the release date yet. Speaking of Arbitrum, there is no Arbitrum token yet but there will be very soon. There will be a huge airdrop when their token is out.

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There are so much money on Arbitrum and many whales, something with your few thousand in their account will not get a huge Airdrop. They might get a huge Airdrop depending on how Arbitrum decided to do it in the end. We do need to keep expectations in check about the size of this airdrop because everyone is expecting this airdrop for a while and everyone is been using Arbitrum. Many are positioning themselves to get a huge payday when it happens. Arbitrum has been a lead player for the Ethereum network. Although, currently optimism is doing slightly more daily transactions than Arbitrum. Arbitrum has been maintaining twice the value lock on Defi when you compare it to optimism.

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It is good not to buy a listing FOMO pump when we do get an Arbitrum token. If you do not get the airdrop, then listing when everyone who does gets the airdrop is cashing out. I will be keeping an eye on the Arbitrum season narrative and the new launches and farms on this hot layer 2. Right now, Aptos is down badly seen launched in the bear market but it remains me of Solana. When Solana launched, it was trading for like a dollar and then went down like 50 cents. It was just another blockchain but no one want to buy anything in the crypto space. It was the bear market and pandemic period but Solana has big VC backing. The VC dumped so much money into Solana and it pumped so much. I feel like they going to try to do the same thing with Aptos. Probably be the swiss network when it comes up. They want an ROI on their investment, they are going to dump a lot of money to try that ecosystem thus pumping the Aptos coin just like they did with Solana.