$PONS has accrued $190K in protocol revenue. AFAIK, all protocol revenue is used for token buybacks, resulting in 18.35% of the supply being burned. At $3M FDV, PONS is trading at roughly 0.17x buybacks annualized. As a comparison.
$PUMP trades at roughly 9.7x buybacks annualized ($1.4B FDV / $142.2M buybacks). At current prices, protocol revenue would need to fall *98%* for PONS to just match PUMP's price-buyback ratio. Furthermore, that would equate to ~$1K in daily protocol revenue, which seems easily attainable given that PONS is currently operating at 47.5x that ($47,500).
0x39dBED3a2bd333467115dE45665cC57F813C4571
https://dexscreener.com/robinhood/0x10cc6bd38112cac182db90b6a71d8bb5939526ba
Post #9086
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CryptoDeus Gems 💎🦍 GM EVERYONE $PONS 🔥 So we have the winner, absorbing the volume. Its token reached a market cap of 16 million, and is now in a dip. $PONS is the only Launchpad token that takes all platform fees and uses them to buy and burn PONS. Every other launchpad…
