Trader says Circle’s Arc may offer short-term memecoin opportunities

Circle’s USDC-optimized layer-one blockchain Arc could draw early interest from memecoin traders, well-known trader Bonk Guy said, pointing to social trading app FOMO’s planned support for the chain within days of Arc’s launch. Bonk Guy said Robinhood, BNB and Solana are likely to be key drivers in this cycle, while noting FOMO does not yet support Hyperliquid’s HYPE, Tron’s TRX or TON. Assets on those chains have already surpassed a $100 million market capitalization without FOMO integration, Bonk Guy said. Against that backdrop, support for Arc from the early days of its launch could create meaningful short-term profit opportunities for trenchers, according to the trader. Bonk Guy added this differs from a view that Arc could become the next BNB, Robinhood or Solana, and said the key point is that FOMO would be integrating a non-mainstream chain immediately after launch, making Arc a notable testing ground.