Arc mainnet meme coin activity heats up with million-dollar valuations

Following the launch of the Circle Arc mainnet on September 16, several meme coins have emerged with fully diluted valuations (FDV) ranging from $1.02 million to $2.94 million. Notable tokens include USDC, DUKE, ARCMAN, COOL, BOA, and ARCAT. While these assets have seen significant trading volume, liquidity in primary pools remains low, often representing only 5% to 13% of the total valuation, leading to high price volatility. Investors are advised to verify contract addresses due to the prevalence of duplicate token names.