Ignas: Be Cautious About "Buying the Dip" on PONS and STONK; Most Token Launch Platforms Are Likely to Face Cyclical Decline

Odaily reports: DeFi researcher Ignas posted that the recent sharp decline in PONS and STONK may tempt investors to buy the dip. However, token launch platforms are typically short-lived, cyclical products that ultimately tend to fade out of the market. Citing projects such as Polkastarter and Avalaunch as examples, most platforms struggle to recover after hype subsides. Currently, only a few projects such as Pump.fun and MetaDAO have successfully achieved sustained development.

Ignas suggests that if investors remain bullish on PONS and STONK, they should focus on their fee revenue and actual income, and consider investing only after user adoption and market demand pick up again, rather than simply buying the dip due to price declines.