Pons: 20% of PONS supply burned in 8 days; platform revenue will be used for continuous buybacks
2026-07-21 07:32
Odaily reported that Pons announced on X that since its launch 8 days ago, 20% of the total supply of $PONS has been burned. The team stated that the Pons treasury will continue to use platform revenue to purchase $PONS in the future.
According to GMGN market data, the market cap of the Robinhood ecosystem token PONS is now reported at $30 million, with an intraday increase of over 100%. Odaily reminds that the price of this token is highly volatile, largely driven by market sentiment and hot topics, and lacks substantial value backing. Investors should be aware of the risks.
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