Arc team's public livestream sparks FUD due to 'amateurish setup,' ecosystem platform tokens and MEME coins plunge collectively.

BlockBeats news, September 17: After the new public chain Arc launched its mainnet, the team held a livestream this morning. According to screenshots disclosed by the community, multiple core members were identified by netizens as of Indian appearance during the livestream, and the video background was sloppy and cluttered. On-chain MEME coins and related platform tokens immediately suffered massive sell-offs, with some tokens dropping 40%-75% within 12 hours.

The community widely attributed the decline to the existing stereotype that "Indian team = high rug risk," viewing it as "pattern recognition" based on multiple similar rug pull cases in the past. Meanwhile, some pointed out that on the launch day, multiple founders simultaneously promoted different Meme coins and competed against each other, further intensifying the negative narrative.

Similar expressions appeared in both Chinese and English community discussions, saying "the moment Indians show up on a livestream, all MEMEs are done for." Some voices criticized this as bias, calling for judging projects by actual performance rather than nationality.

Currently, ARC ecosystem liquidity is generally low, early speculation risk is high, and the subsequent trend remains to be seen.