Bonk Guy: Arc Is Not the Next Robinhood or Solana, Advises Users to Participate with Caution

On September 16, well-known trader Bonk Guy posted on his personal channel, stating that for a long time, Arc has been one of the "best-executed" public chain launches, with the project integrating key platforms such as FOMO and DEX Screener early on, with major launch platforms including Argus, Tolly, Lift, and Long.

However, Arc is not the next Robinhood, BNB, or Solana, and users should participate with caution, noting that treating it as a similar public chain could lead to losses. Bonk Guy added that Arc is essentially a stablecoin-focused public chain, and while it may find suitable applications such as stablecoin use cases in the future, it is currently difficult to see how Meme coin traders can stay on the chain long-term. He also revealed that he has bought Meme coins on the Arc chain but plans to hold them for at most a few days, emphasizing that if participating in Meme coin trading on Arc, it should be viewed as a short-term opportunity.

[TechFlow]