Daily Hot Topics Recap - September 14
▰ $PONS ’s largest short has begun partial closing. At the moment, there are still 27,042,489 PONS left to be closed. On CMC, the circulating supply shown as effective (what can actually be bought and sold in the market) is about 691 million. 27 million makes up 3.9%. If it continues closing slowly, the PONS price may rise slightly. But if the market interprets its reduction as the shorts taking a “seat” at the table—leading to large-scale buying—then this could significantly push the price.
▰ The stablecoin payment L1 project Arc, backed by Circle, is going live on the mainnet on September 16 (the day after tomorrow). This round, the Unipcs that profited heavily from $PONS (in Chinese communities they call him the “Little Yellow Man,” and in English communities the “Bonk Guy”) bought into Arc’s ecosystem narrative play (an unofficial set of positions), such as LONG, LONGCAT, etc., and transferred them to its Fomo address.
▰ Binance’s flexible saving product for U will be renewed for another month. It starts tomorrow (9/15) at 8:00 AM. For regular users, the maximum allotment is 8,000 U, offering a 6% fixed annual yield. It’s first come, first served. If you’re worried you won’t be able to get in, you can deposit in advance to reserve a spot.
Written at the end: Wishing everyone big profits!
▰ $PONS ’s largest short has begun partial closing. At the moment, there are still 27,042,489 PONS left to be closed. On CMC, the circulating supply shown as effective (what can actually be bought and sold in the market) is about 691 million. 27 million makes up 3.9%. If it continues closing slowly, the PONS price may rise slightly. But if the market interprets its reduction as the shorts taking a “seat” at the table—leading to large-scale buying—then this could significantly push the price.
▰ The stablecoin payment L1 project Arc, backed by Circle, is going live on the mainnet on September 16 (the day after tomorrow). This round, the Unipcs that profited heavily from $PONS (in Chinese communities they call him the “Little Yellow Man,” and in English communities the “Bonk Guy”) bought into Arc’s ecosystem narrative play (an unofficial set of positions), such as LONG, LONGCAT, etc., and transferred them to its Fomo address.
▰ Binance’s flexible saving product for U will be renewed for another month. It starts tomorrow (9/15) at 8:00 AM. For regular users, the maximum allotment is 8,000 U, offering a 6% fixed annual yield. It’s first come, first served. If you’re worried you won’t be able to get in, you can deposit in advance to reserve a spot.
Written at the end: Wishing everyone big profits!
