Tokens of Interest: $AI16Z, $ARC

On February 11, according to on-chain monitoring, a wallet created 7 days ago withdrew 38,138 SOL from Coinbase, approximately worth 7.57 million USD.

Recently, this address:

Spent 15,000 SOL to purchase 5.48 million AI16Z;

Spent 11,250 SOL to purchase 7.31 million ARC.

The wallet still holds 11,889 SOL and may purchase more tokens.

As of today, ARC announced on platform X: a new token issuance mechanism is coming, which differs from traditional liquidity and inefficient fee management mechanisms, focusing on capturing the potential of the ecosystem.

This may herald the second spring of AI memes.