ARC chain Meme coin USDC briefly surpassed a $4 million market cap and is now valued at about $4.2 million, with intraday gains exceeding 964 times. According to Odaily, the token narrative came from a previous USDC official advertisement featuring a hat-wearing "Fat Cat Bat Rat" character, and the community later turned it into a related Meme coin. Odaily also reminded readers that Meme coin prices are highly volatile and can be affected by market sentiment and hot events.