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Bonk Guy: PONS Buyback Momentum Strengthens, Wallet Balance Approaches $3 Million

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Odaily News: Well-known trader Bonk Guy said on the X platform that PONS' daily revenue over the past week has mostly been above $1.3 million to $2 million, with no day below $1.1 million in the last 7 days. Meanwhile, the PONS buyback wallet has accumulated nearly $3 million in funds, which are used for continuous buybacks of PONS via TWAP, and the replenishment rate from fee income is currently faster than the rate of buyback fund consumption.

In addition, PONS' market share on Robinhood Chain recently hit an all-time high of 80%, maintaining between 75% and 80% for most of the past week; on Saturday, the number of tokens launched in a single day reached 28,560, and in the past 24 hours, approximately 27,600 tokens were launched. Bonk Guy believes that despite the cooling of Robinhood Chain's popularity, PONS' market share, token issuance volume, and revenue continue to rise, indicating that its dominant position in the on-chain launchpad sector is further consolidated.

This content is for informational and educational purposes only and does not constitute investment advice related to BTCC. BTCC makes every effort but cannot guarantee the truthfulness, accuracy, or originality of the content above.