Tolly Token Market Cap Surpasses $25 Million Amid Data Discrepancies

BlockBeats reported that Tolly (TOLLY), the token of the Arc ecosystem, has surpassed a market capitalization of $25 million, with trading volume at $3 million. However, on-chain tracking services show figures ranging from $1.61 million to $2.12 million.

BlockBeats cited GMGN data indicating Tolly's market cap exceeded $25 million and trading volume reached $3 million, equivalent to approximately 34 billion KRW based on the September 16 exchange rate. BlockBeats warned that Arc mainnet's recent launch carries high initial speculation risks, with low token liquidity and potential for significant price volatility.

Meanwhile, Arcscan reported Tolly's market cap at $2.12 million as of September 16 at 00:57 KST, based on a circulating supply of 1 billion TOLLY tokens, equivalent to approximately 288 million KRW. ArcTools showed a market cap of $161,000, with liquidity of $83,900 and 1,716 holders, while 24-hour trading volume was reported as $0. KuCoin listed Tolly's market cap at $163,000 in its September 15 Arc token data release.

Concentrated ownership was noted, with the top 100 addresses holding 82.22% of total supply and the top 10 addresses holding 27.07%. The discrepancy between GMGN and on-chain services remains unexplained, likely due to differences in reporting time, target contracts, or circulating supply calculation methods.