The ARC20 token, Sophon, has reached a significant milestone with the completion of its minting process on January 22. According to reports, a total of 42 billion Sophon tokens have been minted, fulfilling the initial casting process that required casting to be done 420,000 times.
At the time of reporting, the single price of Sophon on the Atomic Market was $58.459, representing an impressive 24-hour increase of 18.74%. However, a critical note for investors is that many BRC20 and ARC20 tokens, which likely includes Sophon, do not yet have any specific use cases.