Oh wow, contract $PONS is racing right along the intraday high.

On Binance PONSUSDT perpetuals, over the past 24 hours it’s up about +16%. Current price is around 0.838, low 0.65, high about 0.840.

Trading volume is about 189 million USDT, with trade count breaking 2 million.

CoinGecko hot searches are being held down by the #2 spot right now; market cap is about $591 million, ranking around #99.

The target is a non-custodial launchpad coin on the Robinhood Chain—launched on Binance contracts on September 6; before that, it already ran through Alpha.

The launchpad narrative is still burning, while the contract side is first maximizing the volatility.