Arbitrum (ARB) Hits Rock Bottom, But Market Cap Soars To $2B – What’s Behind This Disconnect?

The price of Arbitrum’s governance token, ARB, has been experiencing a significant slump, nearing its all-time low. However, despite this downward trend, the market capitalization of ARB has witnessed substantial growth, expanding by over 75% to reach $2.23 billion. Market Cap Defies Price Decline Over the next three years, an additional 36% of Arbitrum’s total

Source: Bitcoinist