Bonk Guy said on X that PONS was still “extremely undervalued” when its circulating market capitalization reached $590 million, adding that the meme coin is the best trade of the current cycle. According to Odaily, he previously said USELESS, MARSCOIN, and PONS could be the three meme coins fastest to reach a $1 billion market cap in this cycle.

He also said his average entry return on PONS in his main trades was 11,108%, or about $7.5 million. He said MICRODUCK, DELTA, MARSCOIN, USELESS, and BASECAT returned 1,111%, 894%, 405%, 356%, and 108%, respectively.