Aribtrum's New Token Value Estimated Between $0.64 and $2.07

anant-kumar@newsletter.paragraph.com (Anant Kumar) — Mon, 20 Mar 2023 14:44:19 GMT

Arbitrum recently announced the launch and airdrop of its native governance token called ARB. Analysts are estimating the token's value by comparing it to Optimism's OP token, which has a market capitalization of $839 million and a circulating supply of 314.8 million. ARB's circulating supply will be approximately 1.275 billion, with the total supply being 10 billion tokens.