- 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.
Read also:
disclaimer read moreCrypto News Land (cryptonewsland.com) , also abbreviated as “CNL”, is an independent media entity — we are not affiliated with any company in the blockchain and cryptocurrency industry. We aim to provide fresh and relevant content that will help build up the crypto space since we believe in its potential to impact the world for the better. All of our news sources are credible and accurate as we know it, although we do not make any warranty as to the validity of their statements as well as their motive behind it. While we make sure to double-check the veracity of information from our sources, we do not make any assurances as to the timeliness and completeness of any information in our website as provided by our sources. Moreover, we disclaim any information on our website as investment or financial advice. We encourage all visitors to do your own research and consult with an expert in the relevant subject before making any investment or trading decision.
