PONS drops 12.3% as platform revenue plunges 88%
- —PONS trades near $0.56 after a 12.3% daily decline
- —Daily token launches on Robinhood Chain fell from 36,000 to 6,000
- —Platform revenue contracted 88% from its early-September peak
- —Daily PONS buybacks collapsed from $1 million to $200,000
Why it matters: Weaker revenue and buybacks remove a key source of demand; a break of triangle support could expose the $0.50 area.
Source: AMBCrypto