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that1618guy
@that1618guy
Markets @Delphi_Digital // BTC Game Theory Creator // Founder @Stateofblocks
加入 April 2018
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$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
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