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Crypto DeFi

PONS daily revenue $1.3M+, buyback wallet nears $3M

Trader Bonk Guy reported on X that PONS has seen sustained revenue growth, with daily revenue mostly between $1.3M and $2M over the past week, never falling below $1.1M. The buyback wallet has accumulated nearly $3M for TWAP buybacks, with fee income replenishing faster than buyback spending. About 30% of supply has been burned via buybacks, putting actual circulating market cap at ~$515M vs $736M FDV at $0.736.

Original source

AI take

The revenue stability above $1M daily, paired with a buyback wallet that outpaces spending, signals that the token's deflationary mechanism is running ahead of its cost basis. The 30% supply burn materially tightens the gap between circulating and fully diluted valuation, which could shift how the market prices the asset. The key question is whether fee income can sustain this pace as buyback pressure grows, or if the spread between FDV and actual float narrows through price action rather than further burns.

Generated by AI for reference only.

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