According to reports from Bitget crypto news, PONS has demonstrated exceptional performance with a 49% surge in 24 hours and 425% increase over seven days. The altcoin reached a new peak value of $0.49 while maintaining high trading volume of approximately $116 million. The token has been in a 10-day bullish streak since August 23rd, consistently making new highs each day. As reported by Bitget crypto news, PONS has generated the highest fees of any launchpad on-chain with over $500 million in daily revenue. The platform's increasing market reach has been a key driver behind the sustained surge, with the token being listed on several decentralized exchanges (DEXs) and centralized exchanges (CEXs).
As reported by Bitget crypto news, PONS debuted on Robinhood Chain after several launchpads became operational on the platform. The altcoin has emerged as the leading platform in terms of volume, revenue, and price surge among other launchpads. According to the report, PONS has been listed on several decentralized exchanges (DEXs) and centralized exchanges (CEXs), with a day after debuting on Hyperliquid DEX, PONS got listed on Bybit with perpetual pairs offering up to 20x leverage. On Robinhood, PONS holds 7% of the platform's mindshare, ranking behind Ethereum, Bitcoin, and Solana. The platform's dominance is evident as two-thirds of every token launched on Robinhood Chain went through PONS, demonstrating its leadership position in the launchpad ecosystem.
According to Bitget crypto news, over 517K tokens have been created with their total trading volume surpassing $4 billion. The platform's strategy includes 80% of fees going to buying back the token, which has resulted in almost a third of the supply being permanently cleared through burning. The report indicates that two-thirds of every token launched on Robinhood Chain went through PONS, demonstrating the platform's dominance in the launchpad ecosystem. This tightening of supply through the token buyback mechanism has been a key factor in driving the token's price appreciation and maintaining capital flow even for whale investors.
As reported by Bitget crypto news, notable whale activity includes a trader who bought both CASHCAT and PONS for $113K and still holds 9.1 million PONS worth $4.20 million in unrealized profits. After cashing out all his CASHCAT position and locking his initial stake on PONS, he continues to hold substantial profits. Additionally, Bonk Guy, who purchased 1% of the supply at a $6 million market cap, is still holding with $5 million in profits last week. The report suggests that whales and KOLs remain deeply interested in the token, with potential for a $1 billion valuation if the psychological level of $0.50 can be cleared. The CVD reinforces buying activity with more than 2.18 million PONS bought at press time, indicating strong institutional and retail interest in the token.
