Pons: 20% of PONS Supply Burned in 8 Days, Platform Revenue Will Be Used for Continuous Buybacks

Odaily reported that Pons stated on platform X that since its launch 8 days ago, 20% of the total supply of $PONS has been burned. The team claims 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 currently reported at $30 million, with a daily increase of over 100%. Odaily reminds that this token's price is highly volatile, primarily driven by market sentiment and trending events, lacking substantial value support. Investors should be aware of the risks.