it's always funny watching people overreact and irrationally panic dump high-conviction plays

yesterday, many panic sold their $PONS tokens because a Robinhood partner launched a new launchpad
so how did the day end for Pons?
1. 18,707 tokens were launched on Pons yesterday
that's 56.71% more tokens than the day before and 67.63% more than two days earlier
that's also a 6-day high for new tokens launched on Pons
2. Pons ended the day with $101.4 million of the total $138.2 million in launchpad volume across Robinhood chain
that's 73.4% of all launchpad volume on Robinhood chain
for context:
• there are about 59 launchpads on Robinhood chain, yet Pons still did nearly 3x more volume than the other 58 launchpads combined yesterday, even after this new launchpad went live
• just one week ago, Pons had a 53% market share. over the past week, it has averaged a 62.5% market share
3. Pons ended the day with $162.5k in revenue
• this is more or less in line with what it has been generating over the past week
• it's even more impressive considering yesterday was a weak day for both BTC and equities, while Robinhood chain activity also cooled somewhat
4. Pons burned 4.29 million tokens over the last 24 hours
• that's above the 7-day average of 3,353,716 tokens per day
• there's still roughly $350k sitting in the buyback wallet, and it's being replenished very quickly through new fees
5. Pons v2 should turbocharge the Pons narrative
• v2 has the potential to increase Pons' market share and strengthen its dominance by allowing tokens to be paired with stocks, stablecoins, and a variety of other assets
• v2 should also maximize revenue for Pons and could potentially double revenue, all else being equal
• that could mean up to 2x more burns even if activity on the platform remains the same, which is remarkable considering Pons has already burned 22% of its token supply in just two weeks
• this is happening while $PONS trades at a 0.626x revenue multiple versus 2.4x for $PUMP , 5.57x for $AERO , 11.8x for $LDO , 22x for $HYPE , and 36.9x for $UNI
• in other words, $PONS is already significantly undervalued relative to other revenue-generating protocols, and v2 looks poised to make that valuation gap even wider
TLDR:
1. there is clearly room for several launchpads to thrive on Robinhood chain
2. every objective metric shows that Pons remains the clear leader and has so far been completely unfazed by the launch of a new competitor
3. if anything, Pons' fundamentals have only improved
and they're about to be turbocharged with the launch of v2 later this week
panic sellers will buy back higher