Probably the most revered, respected and the most sought after of all the arowanas that is why it commands a high price. There are many kinds of red arowanas such as the BLOOD, CHILI, PURPLE RED, the 1.5 grade etc. This is due to the recent technology in arowana breeding that is why there are many different tones of red arowanas available today than let us say, 10 years ago. The chinese believe that the red arowana is the reincarnation of the dragon so that is why many chinese establishments keep a red arowana as a sign of prosperity. Here in the Philippines, a red arowana with the size of 6-7 inches would cost at around PHP 5000 for a 1.5 grade red to as high as PHP 35,000 for a chili red arowana.