Arbitrum Price Set to Face Pressure as Over 1 Billion Tokens Unlock in March 2024

• Arbitrum announced the release of more than 1.11 billion ARB tokens on March 16 of this year.
• Circulation supply is expected to reach 2.375 billion.
• Unlocks can act as bearish catalysts, as per The Tie, causing massive inflationary pressures.
• ALGT appears as an alternative after a $1.1 Million private seed raise within two days.

Arbitrum announced the release of more than 1.11 billion ARB tokens, estimated at $1.24 billion, on March 16 of this year. Arbitrum will gradually unlock a certain number of tokens every four weeks, commencing a four-year period of phased unlocking of its digital tokens till 2027.