$PONS
- Generated $37.54M weekly fees
- Burned 31.2% of original supply (312M of 1B)
- No token unlocks, raised $0
- Trading at ~$400M mcap
$PUMP
- Generated $29.08M weekly fees (combined protocol)
- Bought back $455M / burned 16.6% of max supply (166B of 1T)
- Ongoing team + investor unlocks (next cliff $24M)
- Raised $1.3B
- 2+ years live (long term sustainability)
- Trading at ~$1.40B mcap
If PONS sustains this momentum I think it can go on a good run to a 1B
Because for $STONK it's a bit rough right now
$PUMP is not looking good
My short position with 5x leverage is around 10% profit
First target to take a profit is $1.4B, where is blue horizontal support line
App is still blocked in US + India App Store, and Pons leading with 24h/7D generated fees
It could be wayy bigger and longer short if support will gets broken