đĽ The biggest meme factory on Robinhood Chain is pulling back, but the coin-burning machine hasnât stopped.
PONS is the platform token of Pons, a platform on Robinhood Chainâessentially the Pump.fun of Solana: anyone can choose a name, add an image, and launch a meme coin on-chain in just one minute. Most of the chainâs meme coins come from this machine, but PONS itself follows a different model: the platform charges a 1% fee on every transaction, and 80% of the protocolâs share is used to buy back PONS on the open market and burn it directly. While others panic-sell during a downturn, it keeps burning its circulating supply according to the rules.
đ The numbers (tradeable on Binance Alpha)
¡ Price: $0.163
¡ 24h: -13.94%, range $0.1595 â $0.1910
¡ 24h trading volume: $4.98 million
¡ Market cap: $109 million ¡ Liquidity: $10.19 million
¡ Holders: 104,831
Why the buzz:
Pons is the most active application on Robinhood Chain. Within two months of V2âs launch, it recorded over 200,000 token launches and billions of dollars in trading volume. Meme coin hype may rotate, but as long as people keep launching and trading tokens on this machine, buybacks and burns will continueâan uncommon ârevenue-backed narrativeâ among meme coins. Todayâs 14% pullback has turned this into a real-time test of whether coin burning can withstand selling pressureâand one worth watching.
â ď¸ Meme coins are extremely volatile. A pullback doesnât mean the bottom is in. The above is for market information only and does not constitute investment advice.
Data source: Binance Alpha real-time market data (Nov 8, 21:40 UTC+8)
#meme #ĺ¸ĺŽAlpha #Robinhood
$PONS
PONS is the platform token of Pons, a platform on Robinhood Chainâessentially the Pump.fun of Solana: anyone can choose a name, add an image, and launch a meme coin on-chain in just one minute. Most of the chainâs meme coins come from this machine, but PONS itself follows a different model: the platform charges a 1% fee on every transaction, and 80% of the protocolâs share is used to buy back PONS on the open market and burn it directly. While others panic-sell during a downturn, it keeps burning its circulating supply according to the rules.
đ The numbers (tradeable on Binance Alpha)
¡ Price: $0.163
¡ 24h: -13.94%, range $0.1595 â $0.1910
¡ 24h trading volume: $4.98 million
¡ Market cap: $109 million ¡ Liquidity: $10.19 million
¡ Holders: 104,831
Why the buzz:
Pons is the most active application on Robinhood Chain. Within two months of V2âs launch, it recorded over 200,000 token launches and billions of dollars in trading volume. Meme coin hype may rotate, but as long as people keep launching and trading tokens on this machine, buybacks and burns will continueâan uncommon ârevenue-backed narrativeâ among meme coins. Todayâs 14% pullback has turned this into a real-time test of whether coin burning can withstand selling pressureâand one worth watching.
â ď¸ Meme coins are extremely volatile. A pullback doesnât mean the bottom is in. The above is for market information only and does not constitute investment advice.
Data source: Binance Alpha real-time market data (Nov 8, 21:40 UTC+8)
#meme #ĺ¸ĺŽAlpha #Robinhood
$PONS