Six Meme Coins on Arc Public Mainnet Have FDV Ranging from $14M to $40M with 5-13% Liquidity

Six major meme coins traded on the Arc Public Mainnet launched by Circle ($CRCL) have fully diluted valuations (FDV) ranging from $1.02 million to $2.94 million (approximately KRW 14 billion to 40 billion), according to data from BlockTempo's analysis of DexScreener and Arc mainnet node data on September 17. The liquidity in the primary trading pools stands at 5-13% of their FDV.

Arc, a layer-1 blockchain that uses USDC for transaction fees, officially launched its public mainnet on September 16. It positions itself as a platform for financial markets, real-time fund movement, and tokenized asset trading. The official announcement highlighted that 11 institutions including BlackRock, DTCC, Visa, and Mastercard participated as founding validators.

The six tokens analyzed all have a total supply of 1 billion tokens each. FDV is calculated by multiplying the token price by the total supply, distinct from circulating market cap which only reflects circulated tokens. Among them, UpSideDownCat (USDC) has the highest FDV at approximately $2.94 million (KRW 40 billion), with primary pool liquidity of about $176,000 (KRW 24 million). The Duke of Arc (DUKE) follows with an FDV of around $2.75 million (KRW 38 billion) and liquidity of $233,000 (KRW 32 million), while its trading pool saw a 24-hour volume exceeding $19.2 million on the morning of September 17.

Other tokens include Arc-man (ARCMAN) with an FDV of approximately $2.32 million (KRW 32 billion) and liquidity of $122,000 (KRW 17 million), experiencing a 25.8% drop within six hours after its pool opened on the evening of September 16. usdc is cool (COOL) has an FDV of about $1.97 million (KRW 27 billion) and liquidity of $206,000 (KRW 28 million), with a 24-hour decline of 70%. The token's official website states it was inspired by a sunglasses-wearing USDC character from Circle CEO Jeremy Allaire's post.

Build on Arc (BOA) has an FDV of roughly $1.91 million (KRW 26 billion) with liquidity of $135,000 (KRW 18 million), while ARCAT shows an FDV of approximately $1.02 million (KRW 14 billion) and liquidity of $135,000 (KRW 18 million), with a 71% decline in the past 24 hours.

Token platforms like Arguspad's ARGUS ($16.45 million FDV) and Tolly's TOLLY ($5.51 million FDV) have higher FDVs than the six meme coins, but also saw significant drops of 51% and 65% respectively in 24 hours. Tokens like COOL and ARCAT that were traded before the mainnet launch declined around 70% over the same period, while newer tokens launched after September 16 showed more upward momentum.