What is Arbitrum (ARB)

in #crypto2 months ago

*Arbitrum native token in known as ARB and is uses for governance token for the Arbitrum blockchain.

*It is an ERC-20 token which gives power to its holders to participate in the decision making process of network and has a stand in development and direction in ecosystem.

*It has designed to enchance scaling solution for Ethereum.

*Its holders has the power of vote on governance decision, allocation of funds and technical charges.

*Holders can also vote on electing members for the security council, a team responsible for Arbitrum's treasury wallet.

Founder of ARB

*Arbitrum was founded by three people who met at Princeton University, these three people are Ed Felton formerly president Obama's deputy chief technology Officer, Steven Goldfeder (CEO) and Harry Kalodner (CTO).

Circulation of ARB

*Arb usdt has a total supply of 10,000,000,000 ARB tokens.

*As per now in May 2024 has a circulating supply of 2,653,939,384 ARB tokens.

*Arb usdt is ranking at 36th with a market cap of $3,168,631,048 in May 2024.

Where to buy ARB

*if any body wants to invest in Arb usdt then they can just invest in many exchangers like -Binance, Bybit, Upbit, OKX, HTX, Kraken, Kucoin, Gate.io, Coinbase exchange and Uniswap v3.

Technical and Future of ARB

*As I have shown below in my chart of Arb usdt it went up in October 2023 and left the liquidity at level of 0.800$.

*If market falls down then you can just buy at the liquidity level for future holdings.

*It will went up again by taking its liquidity level and moving towards to making its new all time high in this bull run.

*If anybody wants to invest then wait for its right time to take entry and earn good profit from your investment.

Technical and Future of ARB

*As I have shown below in my chart of Arb usdt it went up in October 2023 and left the liquidity at level of 0.800$.

*If market falls down then you can just buy at the liquidity level for future holdings.

*It will went up again by taking its liquidity level and moving towards to making its new all time high in this bull run.

*If anybody wants to invest then wait for its right time to take entry and earn good profit from your investment.

Screenshot 2024-05-01 at 5.49.23 PM.webp

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