Before it was抢头矿 (sniping the first blocks/mining rewards), now it’s抢头币 (sniping the first coins)—the times have changed 😌

Before the mainnet went live, a crew of young “P” guys on Arc mainnet “sneaked in early” by charging a 80%–100% premium on $USDC. For the selected targets to break even, their market cap would need to double—but based on the current situation, making money shouldn’t be too hard.

Just 2 hours after launch, the total USDC supply on the Arc network has already reached 371,674,275 coins, accounting for 0.05% of the total USDC supply.

There are currently 176,000 total addresses. Meme speculation sentiment is running hot, and there’s yet another player who wants to go head-to-head with Robinhood.