If you have been active on the arbitrum ecosystem you will notice that not only is $ARB token pumping but $ARB airdrop recievers are also eating good as new ARB memecoins are surfacing and airdropping this memecoins to eligible arb airdrop receivers. But these eligible arb airdrop receivers have to claim these airdrops on the site, unlike Solana airdrop that they found it in their wallet. The first ARB Memecoin to start the airdrop was ArbDoge AI.
All you had to do to claim this airdrop was to be a recipient of ARB airdrop and you will claim the airdrop. This meme coin decided to capitalise from the ARB airdrop hype, which I think I was a great idea, and they did something I have never seen before which was give out the entire supply of the memecoins token as airdrop. But selling it will require a 15% fee. When this airdrop was claimed, it was worth $2, I spent $0.25 claiming it, hit was funny to me, I was wondering what I would do with $2, spoke to one of my friend who also claimed the airdrop and we all joked about ti and said we were not going to sell. Its $2 airdrop we can afford to not take profit of $2 and leave it to pump above $50, at least that is worth considering.
Two days later, the $2 became worth $82, massive gain right? Someone tweeted that he risked $1k into the memecoin and made $40k, don’t know how true it is, but it was mind blowing. I know its possible, I mean, I watched my $2 turn $80 but I am not sure they risked the $1k. Hours later more ARB memecoins started surfacing for ARB airdrop receivers, just like we saw in the Solana memcoin airdrop trend. Lots of scammers decided to use the opportunity to to start creating fake airdrop projects just to scam people off minting fake eligibility NFTs. The same thing is happening right now, after the first ArbDogeAI airdrop, I feel the rest are fake. Although I participated in the airdrops just incase. I have nothing to lose though, except money I paid for gas fees which cost $0.16. if you re minting these ARB Memecoin eligibility NFTs, be careful and dont forget to revoke smart contract.