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On the first day of Arc mainnet launch, popular tokens collectively retraced, with LONG dropping over 70% from its peak.

Sep 16, 22:59

September 16, according to GMGN monitoring, popular tokens on the first day of Arc mainnet launch generally pulled back after spiking, with the current market conditions as follows:

ARGUS: ArgusPad platform token, market cap fell from a peak of about $38 million to $24.24 million, a pullback of about 36% from the high;

LONG: Long.supply platform token, market cap fell from a peak of about $17 million to $4.69 million, a pullback of about 72% from the high;

TOLLY: Tolly platform token, market cap fell from a peak of about $25 million to $9.36 million, a pullback of about 63% from the high;

COOL (usdc is cool): Arc early community meme coin, market cap fell from a peak of about $7.9 million to $5.4 million, a pullback of about 32% from the high.

reminds users that Arc mainnet has been live for a short time, early token liquidity and holding concentration are subject to significant uncertainty, price volatility is high, and investment requires caution.