This is the part people are missing.
$PONS isn’t just pumping because Robinhood Chain is hot.
The platform is generating REAL revenue, that revenue creates REAL buybacks, the buybacks reduce supply, and meanwhile PONS is actually GAINING market share.
That’s a completely different setup from a token running purely on narrative.
If Robinhood Chain keeps growing and PONS maintains anything close to this level of dominance, the question isn’t whether $PONS has already pumped too much.
The real question is:
How much is the dominant launchpad of a potentially massive new onchain ecosystem actually worth?
Markets don’t care where you came from.
They care about where the cash flows are going.
And right now, the numbers are making the bull case for $PONS louder than CT ever could. 🫡
LOCK IN. @theunipcs
$PONS revenue has almost DOUBLED since my last post btw
it has done $1.3M-$2M+ in DAILY revenue for most of the past week
and it hasn't had a SINGLE day below $1.1M in revenue over the last 7 days
let that sink in
but here's the part i think the market is massively underestimating:
THE BUYBACK
the $PONS buyback wallet now has almost $3M READY TO TWAP INTO $PONS
and it's being replenished from fees faster than it can currently be exhausted
this is an absolutely INSANE amount of organic buy pressure
and until now, it was difficult to track because the data wasn't readily available
so i suggested to @MEADGod that he put the buyback data directly on the analytics page
the man literally made it happen in minutes
what a chad! 🫡
you can now see the BUYBACK WALLET yourself on the Pons analytics page:
https://t.co/XWwAi8hURz
100% of the fees you see there go towards $PONS buys/burns
and there are TWO other things here that i think the market is seriously sleeping on:
1. $PONS' ACTUAL MARKET CAP IS MUCH LOWER THAN THE FDV MAKES IT LOOK
price at the time of writing is $0.736
everyone looks at the $0.736 FDV price and thinks:
'$736M market cap'
WRONG!
~30% of the $PONS supply has ALREADY been bought and burned through fees since launch
which means the actual market cap at this price is closer to $515M
you're getting THE dominant launchpad on Robinhood chain at roughly a $515M actual market cap
think about that
2. PONS IS NOW CEMENTED AS THE LAUNCHPAD OF ROBINHOOD CHAIN
and it's not even close
the meme/stock meta has been THE biggest trend on Robinhood chain over the past week
so you'd naturally expect PONS' market share to get diluted
instead:
PONS MARKET SHARE HIT AN ATH OF 80% YESTERDAY!
it's been sitting around 75%-80% for most of the past week
AND:
Pons also hit an ATH of 28,560 TOKENS launched on the platform IN ONE DAY last week Saturday
27.6K new launches happened on the platform in the LAST 24 HOURS
even as Robinhood chain cools off slightly after its recent parabolic move
read that again
the chain cools off
PONS dominance goes to ATH
token launches go to ATH
revenue stays above $1.1M/day
buyback wallet approaches $3M and is being topped up at a much faster rate than it's getting depleted
and this is happening RIGHT as the market is finally waking up to the fact that Robinhood chain could be THE CHAIN OF THIS CYCLE
just before the bull run fully IGNITES
so what do you actually have here?
-> exploding Robinhood chain growth
-> an increasingly dominant PONS
-> $1M-$2M+ daily revenue
-> $3M of buyback ammunition
-> 30% of supply already burned
-> no VC unlock overhang
-> a cult-like early community
that is an absolutely ridiculous setup
and IMO the closest comparable is obviously $PUMP
and plenty of people already (and rightly, btw!) think PUMP is insanely undervalued by crypto standards
so i've been asking everyone who tells me:
'but why would i buy $PONS after it has already pumped so much?'
one simple question:
'if you were given another opportunity to buy $PUMP at a $500M market cap, would you?'
the answer is usually YES
except $PONS arguably has an even better setup
-> no VC unlocks
-> no massive supply overhang
-> an organic cult community that got in early and desperately wants the project to win
-> and the first onchain PvE environment that is literally being fueled by the platform itself
and here's the funniest part:
while crypto twitter is obsessing over how many X $PONS has already done
my tradfi quant is telling me his tradfi network is starting to catch FOMO
they're not asking how many X it already did
they're waiting for an opportunity to SIZE INTO $PONS
that's the difference between chasing a pump
and recognizing a fundamental repricing
i genuinely think $PONS might be THE TRADE OF THE CYCLE
and my bet is simple:
dips continue getting aggressively bought
until $PONS is trading in the BILLIONS
where i believe it belongs
LOCK IN!
Original CCTV footage of where this story all began. From thief to having his own IP & becoming mascot for over 1,100 7/11 locations back by DFI.
https://t.co/LV4AKYLtDj
18bro the black cat, going viral in Hong Kong for stealing a bag a chips. Became 7/11 mascot for over 1,100 locations. Merchandise coming soon.
0xccfbcd3bf85d8657a6bbd10b8c81c99f13207777
🚀🚀
@theunipcs@0xblaqdice@faithfulman Could you post a notice to help me find the black cat that stole french fries from the 7-Eleven in Hong Kong? His name 18bro.