The airdrop of Arirum tokens has caused a lot of ARB tokens and projects to be dumped in the Arirum ecosystem, which is a kind of event of "selling news reports". However, the Etherum Layer-2-themed activity is still strong, and the work pressure on the sale of ARB tokens is likely to be over, making induction in a useful influence and preparing for further improvement.

Arirum ecosystem tokens see market sales news reports types of events

The airdrop of ARB is expected to be announced on March 16, which has led to a rapid increase in the price of native tokens for new projects in the Abilem ecosystem, such as GMX (GMX), Magic (MAGIC), GAINS Network (GNS) and Radiant Network (RDNT).

The main reason behind the pump is that ARB airdrops catalyze the growth of the Arirum ecosystem. However, according to an An Ape's Prologue message, my paper seems to be in the forefront because the price spike often occurs between the announcement of airdrop materials and the specific airdrop materials on March 23.

The report added: "on the day of airdrop supplies, it means that the price of ecosystem tokens is gradually falling with the introduction of $ARB tokens, which shows that this is a classic 'selling news reports' thing."

In addition, Arirum airdrops include 1.1% of ARB's total supply of $12.75 billion for DAO in the ecosystem. That's one reason behind the upside argument that surrounds the Arirum ecosystem, as DAO will be able to drive applications based on ARB encouragement.

However, the operation scale of airdrop materials for Arirum ecosystem engineering project is much smaller. Just two leading new projects-- GMX and Magic-- won more than $10 million in use value. Most new projects receive less than $500000 in ARB tokens, which does not encourage liquidity with a large user base.

The preface to Ape adds, "optimists are significantly more likely to develop the disease than Arirum. Although $OP governance stock funds account for about 5.4 per cent of supply, $ARB is only 1.1 per cent. "

The user activity and liquidity are consistent after the airdrop.

Even so, all Internet activity continues to soar. The number of transactions in Arirum reached 2.77 million, 2.7 times that of the ether, while the number of airdropped goods on that day was 1.08 million.

Since the beginning of 2023, Arirum's market share in buying and selling between Ethernet, Arirum and optimists has increased from 12.7% to 30.7%. This trend shows that the high throughput of layer 2 blockchain technology is gradually changing from a heavier and more expensive Ethernet backbone, but Arirum is at the forefront of the Ethernet backbone.

With the occurrence of the airdrop incident, Arirum's Defi working capital also soared to an all-time high of US $2.18 billion. Most of the increase in savings will be on Uniswap and Arirum Exchange, an additional working capital pool that actively matches ARB.

It is encouraging that after the airdrop, the liquidity of the loan businesses AAVE and Radiant Network and their derivatives trading platforms and other applications of GMX and Gain Trade have not decreased.

ARB token is discharged after the airdrop.

ARB tokens carried large-scale market sales on the day of the airdrop, and the price fell from $10.29 to $1 in a few hours.

A week after the token was released, 87% of the up-to-standard wallets had already received airdropped supplies. By comparison, only 63.2% of the cheerful airdrops carried out in May last year were picked up. This shows that the Internet is close to the maximum claim settlement regulations, which means that the work pressure of participants in the sale of airdropped materials may dissipate.

Some "super airdrop hunters" plant ARB tokens in large quantities with more than one etheric detailed address, greatly increasing the selling of ARB. Most importantly, the logo opened by investors or elite teams will not be diluted for the next four years.

However, companies such as LookOnChain and Arkham Intelligence have released multiple reports on dolphin accumulation.

Nansen determined that the smart wallet received a total of 15.2 million ARB tokens, accounting for 1.19% of the total open supply. Intelligent currency logos are used to identify the ETH addresses of financial derivatives, institutional investments and dolphins.

The total ARB account balance of the wallet exceeds the claimed 15.5 million ARB token, which means that the smart wallet's detailed address enhances the additional ARB token in their wallet.

Although the Abilem airdrop is the original token of Abilem and the "propaganda and reporting" theme activity of the ecosystem engineering project, the etheric layer 2 network activity and liquidity remain strong. With the major market share of airdrop participants selling ARB likely to be carried out, the focus will once again shift to Arirum growth.