Markets· ★★· neutral·

Bonk Guy: Arc memecoins should be held for no more than a few days

  • Bonk Guy bought Arc memecoins on September 16 but will hold them for a few days at most
  • Arc positions itself as a blockchain for stablecoins, not a Solana or BNB Chain analogue
  • Arc launchpads named include Argus, Tolly, Lift and Long
  • The influencer warned that viewing Arc as a "new Robinhood" will lead to losses
Why it matters: A signal of the speculative nature of memecoins on Arc: traders should separate short-term trading from long-term assessment of the network.
Source: TokenPost