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![Arbitrum airdrop-related selling subsides, but Dapp use sustains while smart money accumulates ARB Arbitrum airdrop-related selling subsides, but Dapp use sustains while smart money accumulates ARB](https://images.cointelegraph.com/cdn-cgi/image/format=auto,onerror=redirect,quality=90,width=1200/https://s3.cointelegraph.com/uploads/2023-03/87487141-353a-4403-b648-d1b00d21fa8d.jpg)
Coin News
March 29, 2023
Arbitrum airdrop-related selling subsides, but Dapp use sustains while smart money accumulates ARB
The Arbitrum token airdrop led to a massive dump of ARB tokens and projects in the Arbitrum ecosystem in a “sell-the-news” type of event. However, the Ethereum Layer-2 activity remains strong, with the…