Svmuu News: Pons announced on X that, eight days after its launch, 20% of the total supply of $PONS has already been burned. Officials stated that the Pons treasury will continue to use platform revenue to purchase $PONS in the future.
According to GMGN market data, PONS—the ecosystem token of Robinhood—currently has a market capitalization of $30 million, with an intraday gain of over 100%. Svmuu cautions that the token’s price is highly volatile, largely driven by market sentiment and trending events, and lacks underlying intrinsic value; investors should be aware of the risks.
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Pons: 20% of the PONS supply will be burned within 8 days; platform revenue will be used for ongoing buybacks
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Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
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