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#Fed's March Rate Decision##ARBUSD
Arbitrum dropped to 0.2947$, the reason is token unlocks, the decline was stopped by a large dodgy, later the price returned to 0.3759$. Currently, the money flow is on the sellers' side, but later the price will move towards 0.44$-0.45$, primarily due to the fundamentals.
Arbitrum also launches buybacks (buyback), implementing methods of the traditional financial market (TradFi) to manage liquidity. The supply should decrease, but unlikely immediately due to unlocks.
Arbitrum developer, Offchain Labs, in collaboration with Arbitrum Foundation, has launched the incubator program Onchain Labs.
Robinhood listed Arbitrum.
On March 16, 92.65MM coins were unlocked.