Relative to OP, ARB is still extremely cheap. Could make a case for the fact that OP (and ARB) are overvalued as it is but Arbitrum is soon going to be the chain transacting most volume out of everything so I think a high valuation is justified.
Obviously it's Fully Diluted Valuation (FDV) is quite high sitting at $16B. We have seen complete vaporware from Solana last cycle sit at 20-50B FDV's though so I think we got some room there.
Will start scaling in some ARB as a ・long-term-holds ranging from 1.53 to 1.33. Not sure we get it, depends on the overall market I guess.
I'm sizing it so that I will be comfortable holding this at least several months, potentially longer.
@Crypto_Signal_Leaks
