The $RAIN token just launched on Arbitrum via Uniswap, and here's what the on-chain metrics are showing. Contract address: 0x25118290e6A5f4139381D072181157035864099d.

Trade activity over the past 24 hours reveals a cautious market entry—buy volume sits at $0 while sell volume reached $325, suggesting early stages of price discovery. Liquidity stands at $2,618, which is relatively shallow for the current market cap valuation.

The circulating market cap is sitting at $2.335 billion, which is a significant figure for a fresh listing. This kind of valuation-to-liquidity ratio warrants attention from traders monitoring emerging opportunities on Arbitrum. The gap between market cap and actual trading volume raises questions about token distribution and early holder concentration.

For anyone tracking new token launches on Arbitrum's ecosystem, this project represents the kind of early-stage entry point that requires careful due diligence before committing capital.