Bonk Guy said on X that several developers tied to the Arc ecosystem have contacted him over the past few weeks as the network prepares for launch, with the goal of bringing meme-coin traders in during the chain’s early stage. In his view, the Arc team appears to have recognized that meme trading can be one of the faster ways for a new chain to lift on-chain activity, and it may be borrowing from the ecosystem bootstrapping approach previously used by Robinhood Chain.
He added that Arc had not been a major focus for him before, but that he has recently started a short-term position. According to his post, he has bought LONG, the native token of Arc’s main launchpad, as well as the top three meme coins by market capitalization on that platform. At the same time, he stressed that the Arc trade is only a short-term, high-risk attempt and does not change his longer-term preference for on-chain trading activity on Robinhood Chain, BNB Chain, and Solana. Earlier reports said Arc mainnet is scheduled to go live on Sept. 16.
Bonk Guy said in a post on X that several developers associated with the Arc ecosystem have reached out to him over the past few weeks, hoping to attract meme-coin traders during the network’s early launch phase.
He said the Arc team appears to have realized that meme trading is one way for a new chain to quickly boost on-chain activity, and may be taking cues from Robinhood Chain’s earlier ecosystem bootstrapping strategy.
Bonk Guy added that Arc had not previously been one of his main areas of focus, but that he has recently begun a short-term position. He said he has bought LONG, the native token of Arc’s main launchpad, along with the top three meme coins by market capitalization on that platform.
He also said the Arc position is only a short-term, high-risk trade and does not change his longer-term view, which remains more constructive on on-chain trading activity on Robinhood Chain, BNB Chain, and Solana.
Earlier reports said Arc mainnet is set to launch on Sept. 16.
This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan. Disclaimer:
The market information, project data, and third-party content displayed on this platform are for industry information sharing only and do not constitute any form of investment advice or return commitment.
Cryptocurrency trading carries high risks. Users should fully assess their risk tolerance and make independent decisions. All profits, losses, and legal responsibilities are borne by the users themselves.