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PONS Could Target $5B Market Cap This Cycle



Crypto KOL Bonk Guy has predicted that PONS could break out of its current consolidation phase as its protocol fundamentals continue to strengthen.

PONS has generated more than $1 million in daily revenue over the past two weeks. Around 80% of protocol revenue is being used for token buybacks and burns. More than 30% of the total token supply has already been burned.

PONS also holds around 75% to 80% market share on the Robinhood Chain token issuance platform.

Based on these figures Bonk Guy estimates PONS has annualized fees of around $829 million and annualized revenue of about $159 million. Its current market cap is around $430 million.

For comparison PUMP has annualized fees of around $1.115 billion and revenue of $460 million with a market cap of about $1.75 billion.

Based on the stronger fundamentals and this comparison Bonk Guy believes PONS could potentially reach at least a $5 billion market cap during this cycle.
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PONSPONS-14.15%
PUMPPUMP+0.42%


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Crypto_Buzz_with_Alex
18 hours ago
How much upside is left ?
0
Crypto_Buzz_with_Alex
18 hours ago
That move is wild 🔥
0
HighAmbition
a day ago
First Review
How much upside is left ?
0