Bro, it's dead—no one bought on Arc 😓
The context: last night, the on-chain community was fomo-ing with the newest L1 chain from Circle—$CRCL ARC—but for some reason, interest started dropping sharply after the Archain devs and team began livestreaming.
Unfortunately, this also affected the prices of most meme-launchpad tokens on Arc, which saw price declines too. Still, I kept trying to deploy a meme on this new chain.
It started with bridging $USDC (BSC) to USDC (ARC). Less than $1 was enough to create 5 meme tokens in Uniswap $UNI ’s Pools trade. But it was already too late—it ended up being quiet because Archain’s audience kept decreasing, and in the end, not a single buyer came except the token deployer himself. 😆
The context: last night, the on-chain community was fomo-ing with the newest L1 chain from Circle—$CRCL ARC—but for some reason, interest started dropping sharply after the Archain devs and team began livestreaming.
Unfortunately, this also affected the prices of most meme-launchpad tokens on Arc, which saw price declines too. Still, I kept trying to deploy a meme on this new chain.
It started with bridging $USDC (BSC) to USDC (ARC). Less than $1 was enough to create 5 meme tokens in Uniswap $UNI ’s Pools trade. But it was already too late—it ended up being quiet because Archain’s audience kept decreasing, and in the end, not a single buyer came except the token deployer himself. 😆
