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Standard Chartered forecasts Arbitrum to surge to $10 by 2030

The Motley Fool +1 · ·by G4L

ARB
ARB AltShares Merger Arbitrage ETF
$30.09 -0.09%
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  1. 1Standard Chartered forecasts a predicted price of $10 for Arbitrum by 2030.
  2. 2A potential profit multiple of 50 times the current price of approximately $0.20 exists.
  3. 3Arbitrum collected more than $5 million in fees during the month of September.

So what's the key point?

Standard Chartered expects the price of Arbitrum to rise significantly to $10 by 2030. This means there is a possibility of it increasing 50 times from its current price.

Source The Motley Fool +1 · View original ↗

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