$PONS's revenue has been falling quite quickly lately.
Based on the data currently available, PONS generated around $214,000 in revenue over the past 24 hours, putting its daily revenue roughly back at late-August levels. By comparison, STONK is still above $800,000, while PUMP remains above $2 million—the gap is certainly significant.
A drop in revenue doesn't mean a project's thesis is immediately invalidated, but the market often reflects changing expectations in the price first. It's not surprising to see short-term holders take profits and exit. As for whether whales are continuing to accumulate, we'll need to look at on-chain data and changes in holdings; we can't judge based on gut feeling alone.
I bought a small starter position around $0.50, and I'm currently sitting on an unrealized loss. For now, I'm in no rush to draw conclusions. I'll keep watching the revenue trend and price structure. If it pulls back further and then trades sideways for a while, I'll consider adding in stages. If the fundamentals continue to weaken, I'll reassess.
I'll treat ORDI's drop from $27 to $3 as a risk reminder, not as a price benchmark for PONS. Each project's supply and demand dynamics and token mechanics are different, so there's no simple way to compare their declines.
Based on the data currently available, PONS generated around $214,000 in revenue over the past 24 hours, putting its daily revenue roughly back at late-August levels. By comparison, STONK is still above $800,000, while PUMP remains above $2 million—the gap is certainly significant.
A drop in revenue doesn't mean a project's thesis is immediately invalidated, but the market often reflects changing expectations in the price first. It's not surprising to see short-term holders take profits and exit. As for whether whales are continuing to accumulate, we'll need to look at on-chain data and changes in holdings; we can't judge based on gut feeling alone.
I bought a small starter position around $0.50, and I'm currently sitting on an unrealized loss. For now, I'm in no rush to draw conclusions. I'll keep watching the revenue trend and price structure. If it pulls back further and then trades sideways for a while, I'll consider adding in stages. If the fundamentals continue to weaken, I'll reassess.
I'll treat ORDI's drop from $27 to $3 as a risk reminder, not as a price benchmark for PONS. Each project's supply and demand dynamics and token mechanics are different, so there's no simple way to compare their declines.