Source: Maurice NORBERT / Shutterstock.com
Up more than 11% today, ARPA (ARPA USD) is certainly one of the small-cap tokens whose interest is surging today. Investors may want to know where the experts place the ARPA price predictions given the sharp rise. We’ll get to that in a moment.
The key catalyst for today’s move is the release of ARPA’s first on-chain game. The team behind ARPA announced that its online crypto game “dear.game” has seen an impressive increase in user activity. Sentiment around this token is improving and many seem to like what they see.
Investors will hardly find any information about the game. But it appears is said to aim to “give players the opportunity to explore their relationships within the game environment.” In an environment where blockchain gaming could see a rise, this announcement was timely.
Notably, some whale activity was also noted (large investments from well-known investors). Prior to the announcement, a single trade worth more than $2.2 million was placed on ARPA, and that investment has since increased by more than 50%. Other investors looking to follow these successful whales appear to be rushing to grab the rest of the alpha with this move.
So how much alpha is left? Let’s explore where ARPA could go from here according to some of crypto’s top experts.
For context: ARPA is currently trading at $0.099 per token at the time of writing.
At the time of publication, Chris MacDonald did not hold, directly or indirectly, any positions in the securities mentioned in this article. The opinions expressed in this article are those of the author and are subject to InvestorPlace.com’s publication policies.
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