The market value of the Arc chain token ARGUS briefly surpassed $40 million, hitting a new high.

BlockBeats news, September 16, according to GMGN data, the market cap of ARGUS, the token of Arc chain issuance platform ArgusPad, briefly surpassed $40 million, hitting a new high. It is now reported at $38.57 million, with a 24-hour increase of 1109.7% and a trading volume of $17.7 million.

BlockBeats reminds users that the Arc mainnet has just launched, early speculation risks are relatively high, most tokens have low trading volumes, liquidity is too low, and price fluctuations are large. Investment requires caution.