robinhood FOMOed people so much that they are paying $40 for 1 usdc on
@arc mainnet via otcs
just to position for ARC memecoins in early
but its actually a scam there’s no such thing as receive real usdc on arc before mainnet is live (its not possible)
they will simply send you usdc after mainnet is live, so why pay 40x more that ?
also some ‘overly smart’ people are burning thousands of real usdc on base/eth towards ARC’s CCTP domain thinking when gate opens we will get arc usdc minted first
> best case : it gets stuck in flight indefinitely with no guarantee it ever mints
> worse case : you approved router and mint recipient sends it somewhere that isn’t you
tldr ?
there is no early gate to get ARC usdc dont burn your funds and fall for scams, just wait for mainnet
anyways, saw few early potential runners but yk its always risky to share super early one’s
the hype on arc is insane
are you positioned ?