ASTOCK surged from the 100k level to the million level in just a few days: on Arc’s “stock layer”—is there a second chapter?
Over the past couple of days, I’ve been digging through the Arc ecosystem. A STOCK is the one I think is most worth taking out and discussing on its own. A few days ago, it was still a small project in the tens of thousands to hundreds of thousands of dollars range; recently it has already entered the million-dollar tier, and at one point its valuation surged even higher during that period. In the first round of price discovery, clearly something already happened. So now I’m not really too concerned about how much A STOCK has gone up. What I really want to know is: A coin that has already risen more than tenfold—do the product behind it, the capital, and the users behind it all rise together? If not, then it may just be that the price has moved too fast.