TLDR Arbitrum announced the release of more than 1.11 billion ARB tokens on March 16 of this year. Circulation supply is expected to reach 2.375 billion. Unlocks can act as bearish catalysts, as per The Tie, causing massive inflationary pressures. ALGT appears as an alternative after a $1.1 Million private seed raise within two days. Arbitrum announced the release of more than 1.11 billion ARB tokens, estimated at $1.24 billion, on March 16 of this year. Arbitrum will gradually unlock a certain number of tokens every four weeks, commencing a four-year period of phased unlocking of its digital tokens till
The post Arbitrum Price Set to Face Pressure as Over 1 Billion Tokens Unlock in March 2024 appeared first on The Merkle News.