For most of the launchpads and tech plays on ARC, I think we still need more time to observe them

Mainnet just went live, so day-one data doesn’t tell us much yet. Volume, users, revenue, and fees all need more time to prove whether they’re actually organic. On the first day, some of the activity could simply be dev/team money pushing things to create momentum

If you guys want to take a slightly riskier bet, $DUKE might be worth watching

The narrative is pretty simple: Duke is the dog of Arc’s CEO, and more importantly, someone from the Arc/Circle team has already mentioned it and given it a small shill

But at the end of the day, a memecoin is still a memecoin

Looking back at Robinhood Chain, $CASHCAT was one of the first memes in the ecosystem to really capture attention. If Arc actually wants to create a memecoin wave across its ecosystem, I think sooner or later they’ll need at least one “mascot” for the community to rally around

For $DUKE, I’m mainly betting on attention :

Will the Arc team keep mentioning it?

And further down the line, will Arc’s CEO directly acknowledge Duke himself?

If there are no further catalysts, this thesis could die pretty quickly

The current dip is still pretty shallow for me, and I think there’s a good chance it goes lower, so I’m only taking a small position here

If you want to play it safer, you can wait for the $2M–$2.2M area before considering an entry

If it breaks below $1M, the thesis is no longer attractive to me and I’ll move on

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