$ARB - ARB PRICE PLUMMET OF ARBITRUM "CLINICALLY DEAD" COMMUNITY LOOKS FOR WAYS TO RESCUE 📉🆘
According to PANews, ARB token of Arbitrum PLUNGED A SHOCKING 71% in the past year, leading to a DRAMATIC decrease in DAO voting. Data indicates governance participation DROPPED by 50%, token price FELL 87% from the historical peak.
To "RESCUE", the community is CONSIDERING lowering the proposal approval threshold from 5% to 4.5% in order to "REVIVE" governance activities.
The MAIN reason: Holders suffer heavy losses, LOSE MOTIVATION to participate. The CORE issue is the ecosystem LACKS REAL VALUE to retain users.
Note: This information is for reference only and not investment advice. You all should stay updated and make your own decisions.
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