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Arbitrum lost over 16% in the last two trading days.
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The governance proposals within Arbitrum’s decentralized autonomous organization (DAO) can be one of the potential reasons for the price decline.
The cryptocurrency market has an inherent issue of volatility and it’s not a rare case when a crypto asset loses significant value within a short time span. The instance of Arbitrum (ARB) falling up to 15% recently would not be an issue only if the decline did not make the token’s lowest trading point. ARB token’s price fall led the crypto token to attain its lowest price.
Arbitrum is among the top players across Ethereum-based Layer-2 scaling solutions and ARB is the native governance and utility token. The token lost over 16% of its price in the last two days of trading. Before falling, ARB was trading at around $0.90
on September 10 while it attained $0.746. The price was the lowest trading price for the cryptocurrency.
However, by the ti
We współpracy z: https://www.thecoinrepublic.com/2023/09/12/arbitrum-arb-price-at-lowest-level-following-15-sharp-decline/
