Contract: 0x41358defd0dedc90528b3f1835715e907b686e6a
Overview
The Duke of Arc ($DUKE) launched on the opening day of the Arc chain and recorded an all-time high of approximately $7,600,000.
Origin
A marketing manager at Arc posted an AI-generated image that, in effect, declared the chief executive's dog the "Duke of Arc". Other Arc employees joined in with posts of their own, and the joke was tokenised almost immediately.
Reception
The combination of apparent internal participation and the launch-day timing of the new chain gave the token unusual visibility for a first-day listing.