According to ChainCatcher, in the past 7 days, the price of the dead old project ARbit (ARB) has risen from $0.00024 to $0.027, a hundredfold increase. Today, the price of ARbit (ARB) has fallen back to $0.016, and the 24-hour trading volume is only $8,977.

The price of ARbit (ARB) has skyrocketed abnormally, just because some traders mistook it for the token of Arbitrum (ARB). According to the official website, ARbit (ARB) is a cryptocurrency used in the AR (augmented reality) industry. It was launched in 2015 and has not made any sound in the past 8 years. It has long been considered a dead project. (Source link)