Big news in the world of cryptocurrency! Robinhood, a popular app for buying and selling digital money, added a new cryptocurrency called Arbitrum (ARB). This caused the price of ARB to go up! It's like when a store puts a toy on sale – more people want it.
- Arbitrum's price jumped 12% after being listed on Robinhood.
- Other cryptocurrencies like XRP, Shiba Inu (SHIB), and Bonk (BONK) also saw price increases.
- Arbitrum is a special type of cryptocurrency network that helps other cryptocurrencies work faster.
Fact | Number |
---|---|
Current ARB price | $0.42 |
ARB's all-time low | $0.35 |
24-hour trading volume | $400 million |
Arbitrum's total value locked | $2.8 billion |
Even though the price increased, Arbitrum's price is still much lower than its highest point. This is partly because more Arbitrum coins were created. It's like having more slices of cake – each slice is worth a little less.