- A crypto investor and trader shares his plan to leverage the Arbitrum airdrop.
- On a Twitter thread Patrick reveals a big chunk of his Arbitrum portfolio.
- The Arbitrum ecosystem is already thriving, it will likely boom further after the airdrop.
It’s no secret that the crypto community is waiting with high anticipation over the distribution of Arbitrum’s native token ARB. Many are expecting the price of the token to be strong. It is almost time for the big reveal and one crypto advisor shares his plan to prepare for this momentous reveal.
As we can see from the tweet above, a popular face in the Twitter crypto community shares his take on how to prepare for the arrival of the ARB airdrop. He says this airdrop has the potential to fuel an ecosystem that is already thriving.
Indeed, the Arbitrum ecosystem has been making a ton of headlines lately. It is no surprise that its native token drop is creating such a buzz. In particular, Patrick says he looked at on-chain metrics, potential catalysts, and ARB allocations to prepare himself for the big moment.
Specifically, Patrick very kindly goes into a thread where he shares how he’s working to position himself in the Arbitrum ecosystem. Firstly, the thread continues to reveal, Patrick says he’s looking for a certain type of framework in Arbitrum projects.
In detail, he wants protocols that can meet a multitude of criteria. These include having favorable on-chain metrics, high ARM allocation, and upcoming catalysts. Most importantly, the project must be positioned so it can benefit from ecosystem growth.
He then goes on to elaborate how being positioned to benefit from ecosystem growth could mean. Here he says it would first mean that other projects set to build on top of it will make them a primitive ecosystem. If not, it could also benefit from the success of the entire ecosystem. In fact, it could even become a leading DEX.
Lastly, Patrick goes on to reveal what he believes to be the top projects from the ecosystem that have made it onto his Arbitrum portfolio. These include $GMX, $MAGIC, $GRAIL, and $PLS. He says the sole reason behind this portfolio is due to their strong growth, importance in the ecosystem, and their ARB allocations.
