Thought it was a king, but turns out it’s just a bronze! Yesterday, the USDC stablecoin Circle’s public chain, Arc, went live. At first, it was pretty lively—several meme coins pumped to over a million. People thought it might steal some liquidity from Robinhood, but it flopped overnight. It launched and immediately became the second BSC. The highest market cap right now is actually just 2 million, belonging to solana:F9gvdBs5kmTuPAw8oyPkohRBvXLbtfGwUiFvgsjhpump, which had a peak of 8 million before crashing. Not a single project hit 10 million, and many even went to zero. Looking at it this way, the RH chain is still solid. Its liquidity isn’t going anywhere. Today, the market is rebounding overall, and even the leader PONS has started stabilizing and consolidating. My wallet is holding steady around 50 million. Moving forward, I’ll just stick to playing it safe with Robinhood!