Arc Chain tops $144 million in first-day volume as copycat rug pulls emerge

  • GoPlus warned investors about copycat rug pulls on Arc Chain.
  • $144 million marked Arc Chain’s first-day trading volume.
  • ARGUS and TOLLY copycat rug pulls appeared as users learned cross-chain trading.

Arc Chain exceeded $144 million in trading volume on its first day, while imitation rug pulls emerged as users were still learning how to trade across chains. GoPlus warned investors about copycat versions of ARGUS and TOLLY, high-market-cap Launchpad platform tokens, and urged them to check contract addresses carefully before trading. A rug pull is a crypto scheme in which developers withdraw liquidity or abandon a project, leaving buyers with potentially worthless tokens.

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Arc Chain tops $144 million in first-day volume as copycat rug pulls emerge - CoinPost Terminal