There isn’t much new on-chain stuff over the weekend, but one thing that showed up is “Fugui,” which hit nearly 10m at its peak.
CA：0xceebf25b318201f1f949be2fabbfcee231737139
Its narrative is: the founder of PONS once bought a token with the same name, Fugui, hoping for great wealth; later, he turned the PONS launchpad into a leading project on the Robinhood chain. Also, since he’s bullish on the Chinese community, Fugui is considered a Chinese leader on the Robinhood chain as well.
Now the market cap has pulled back from its high, but it’s still around 3m. The founder has burned the transaction fees, taxes, and the tokens that others transferred in—about 10% has already been destroyed. Overall, it’s all centered around the concept of the PONS founder. If the coin performs well afterward, he might add more to Fugui. You can keep an eye on it and consider positioning around 3m for a potential setup.
CA：0xceebf25b318201f1f949be2fabbfcee231737139
Its narrative is: the founder of PONS once bought a token with the same name, Fugui, hoping for great wealth; later, he turned the PONS launchpad into a leading project on the Robinhood chain. Also, since he’s bullish on the Chinese community, Fugui is considered a Chinese leader on the Robinhood chain as well.
Now the market cap has pulled back from its high, but it’s still around 3m. The founder has burned the transaction fees, taxes, and the tokens that others transferred in—about 10% has already been destroyed. Overall, it’s all centered around the concept of the PONS founder. If the coin performs well afterward, he might add more to Fugui. You can keep an eye on it and consider positioning around 3m for a potential setup.
