PONS revenue has continued to grow, with daily revenue over the past week mostly ranging from $1.3 million to more than $2 million and no day below $1.1 million, trader Bonk Guy said in an X post.
The project’s buyback wallet has accumulated nearly $3 million for continuous PONS repurchases via TWAP, while fee income is currently being replenished faster than buyback funds are being consumed. About 30% of PONS token supply has been repurchased and burned through fees, putting its actual circulating market cap at roughly $515 million at the current price of $0.736, compared with an FDV-based estimate of about $736 million.
PONS’s market share on the Robinhood Chain recently reached an all-time high of 80% and stayed between 75% and 80% for most of the past week. Token launches totaled 28,560 last Saturday and about 27,600 over the past 24 hours.
PONS Revenue Holds Above $1.1M Daily as Buyback Wallet Nears $3M
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