ARB Price Struggles to Recover After Massive Token Unlock
ARB's price has been stagnant since 92.65 million tokens unlocked nine days ago.
The token is currently trading at $0.0828, down 3% on the day.
This is not a standard dip, as there are no major catalysts driving demand or absorbing the fresh supply.
CoinCodex predicted a year-end target of $0.065 for ARB, which represents a 22.7% decline from current prices.