#Crypto Market Rebounds #ARBUSD

Arbitrum is climbing up despite significant emission pressure, the price has already returned to $0.3534. An ascending Elliott model is forming, but it lags behind similar models on other coins. The fifth wave could raise the price to $0.38, and a signal from the cash flow allows for this scenario to be realized.
The Arbitrum project may launch another initiative to support its reputation. Following a recent token buyback, a proposal has emerged to conduct an airdrop for early participants to thank those who supported the project from the very beginning.
On May 16, Arbitrum will unlock 92,650,000 ARB tokens, which is approximately 2.01% of the total circulating token supply. Also, on April 16, Arbitrum unlocked 92,650,000 ARB tokens,
There were meetings in Hong Kong and Tokyo, as well as participation in the Hong Kong Web 3 festival. Plus listings on smaller exchanges.