Arc-based meme coin LONG hits new high with market cap exceeding $12 million

According to GMGN data on September 16, the Arc-based meme coin LONG reached a new all-time high with a market capitalization of over $12 million, currently trading at $12.6 million with a 24-hour gain of 345%. The token previously faced community scrutiny regarding security and token concentration following promotion by trader Bonk Guy.