The Arbitrum project continues to face disappointment from the crypto community, with persistent token unlocks adding pressure to an already shaky sentiment. Today, 92 million Arbitrum tokens (approximately 0.93% of the total supply) will be unlocked, fueling concerns about further price drops. In addition to this, the project is dealing with the pressure of 4.28 billion locked ARB tokens, which could be unlocked over time, adding more downward pressure on the token’s value. While the Arbitrum project continues to disappoint everyone, the token unlocks persist without slowing down. Today, 92 million Arbitrum tokens will be unlocked, which is approximately 0.93%
The post Arbitrum Unlocks 92 Million Tokens As Pressure Mounts On Multiple Projects appeared first on The Merkle News.
