Arbitrum's ARB Token Generates Buzz with Airdrop and DAO Allocation.

1 min read
Source: CoinDesk
Arbitrum's ARB Token Generates Buzz with Airdrop and DAO Allocation.
Photo: CoinDesk
TL;DR Summary

Over 42 million ARB tokens were claimed in the first hour of Arbitrum's token airdrop, with 23,000 individual wallets claiming the tokens. The majority of claimers received an airdrop of fewer than 2,000 ARB tokens. ARB has a total supply of 10 billion and traded at just over $1.30 at the time of writing. The long-awaited Arbitrum token made its market debut on Thursday, trading at $3.99 on Uniswap as volatility spiked on decentralized exchanges.

Share this article

Reading Insights

Total Reads

0

Unique Readers

1

Time Saved

2 min

vs 3 min read

Condensed

82%

42575 words

Want the full story? Read the original article

Read on CoinDesk