💰 PONS hits $430M market cap as Robinhood Chain activity surges
PONS, the native token for the Pons meme coin launchpad, has surged over 18,000% from its July lows. Trading at $0.5978, the asset has officially become the largest cryptocurrency on the Robinhood Chain network, flipping the previous leader CashCat.
The platform generated $5.95 million in fees on September 3, ranking as the 4th highest-earning protocol in all of crypto, briefly out-earning the underlying network itself. Pons operates as a factory for new tokens, allowing users to deploy meme coins instantly without writing code.
Growth is driven by aggressive tokenomics where 80% of platform revenue is used to buy back and burn PONS. So far, 288 million tokens, representing 29% of the total supply, have been permanently destroyed to increase scarcity.
#PONS #RobinhoodChain #MemeCoins #CryptoNews
PONS, the native token for the Pons meme coin launchpad, has surged over 18,000% from its July lows. Trading at $0.5978, the asset has officially become the largest cryptocurrency on the Robinhood Chain network, flipping the previous leader CashCat.
The platform generated $5.95 million in fees on September 3, ranking as the 4th highest-earning protocol in all of crypto, briefly out-earning the underlying network itself. Pons operates as a factory for new tokens, allowing users to deploy meme coins instantly without writing code.
Growth is driven by aggressive tokenomics where 80% of platform revenue is used to buy back and burn PONS. So far, 288 million tokens, representing 29% of the total supply, have been permanently destroyed to increase scarcity.
#PONS #RobinhoodChain #MemeCoins #CryptoNews