Spoke to a friend recently and something he said really stuck with me
“I don’t invest in a token unless I’ve personally spoke with the team and the founder. Bad founder gud token usually means the token follows sooner or later”
Def gonna try do more of this this cycle
$PONS revenue continues to base out after that incredible run up in early September
token price continues to show resilience around the 0.5-0.6+ levels which is very encouraging
with attention on RH eco the next week and Ozzy hinting at some new stuff being built + PONS v3, i think these numbers can easily pick right back up
rn the market is still pretty hopeful that revenue will climb back based on the xRev chart. so the bet here is no longer the market underpricing a revenue resurgence, but rather a bet that PONS revenue inflect higher. xRev current read is 3.60 and has been climbing up ever since revenue started its decline
the risks here are flipped as well
if revenue doesnt pick up, xRev multiple should fall and because xRev = mcap/rev, and revenue has already fallen down while price stayed elevated, price should be the one that drags xRev back down to earth
as of now, the market is currently pricing that PONS start to see higher revenue numbers. lets see if the market is right
$TAO battling the ichi cloud rn + 1W volatility expanding + stochs still angled up and potentially breaking structure
bullish continuation to the $500+ levels if we get above 350 imo. Still holding my longs since 220+, havent TPed yet as i think there is much more upside
Fwiw $BUN mcap on dexscreener / gecko are wrong. Only 20% float rn since ~80% supply is permanently locked
So real mcap is 0.2 x price, which currently equals ~$16M instead of $22M on DS
has the right numbers
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