$PONS launched on 13th July when Bitcoin price was ~$63k.
Since then they have become the dominant launchpad on RH after beating significant competition.
However one hurdle $PONS hasn’t had to deal with is a decline in majors. This will be the next big test.
If we see a $BTC drop of 20%, how will $PONS price and more importantly revenue react?
This is probably the last test $PONS and more importantly RH have in determining if they are here to stay.
If $PONS can continue to pump out solid revenue number (relative to $PUMP) while majors are down there is little stopping them from hitting billions.