ARB’s value has dropped by over 85% since launch. Daily transactions count on Arbitrum have begun its downward trend. Arbitrum’s [ARB] value has taken a hit after the token AirDrop on 23 March, with a surge in sell-off activity. According to the on-chain data provider Glassnode, the decline in value commenced soon after ARB was
![Arbitrum [ARB]: Debut hit by sell-offs, what’s next for the token?](https://images.cryptocompare.com/news/default/ambcrypto.png "Arbitrum [ARB]: Debut hit by sell-offs, what’s next for the token?")
