Circle turns Arc into a stablecoin settlement chain—its $410 million in trading on the first day really is intimidating.
Break it down and it looks even more alarming: the Meme launchpad takes up 82%, and an Arguspad accounts for about half. If you remove that casino-like segment, the portion related to institutional settlement is left with only about tens of millions—around 70 million.
Now over in the livestream chat, things are already flipping—ARGUS is slashed in half, and TOLLY has also dropped by nearly 60%. Sure, the first day is lively, but who will foot the bill on the second day is another story.
#Meme launchpad accounts for 82% of Arc's first-day trading #Robinhood将支持Circle的Arc网络
Break it down and it looks even more alarming: the Meme launchpad takes up 82%, and an Arguspad accounts for about half. If you remove that casino-like segment, the portion related to institutional settlement is left with only about tens of millions—around 70 million.
Now over in the livestream chat, things are already flipping—ARGUS is slashed in half, and TOLLY has also dropped by nearly 60%. Sure, the first day is lively, but who will foot the bill on the second day is another story.
#Meme launchpad accounts for 82% of Arc's first-day trading #Robinhood将支持Circle的Arc网络