This morning, #pons , there was some positive news: at 1 p.m. Beijing time, it will be listed on Upbit, Korea’s largest exchange. $CASHCAT , meanwhile, was listed on Bithumb in Korea. It seems Korean exchanges have been paying quite a bit of attention to the leading RH chain tokens lately. Koreans are well known for their enthusiasm for crypto trading, which could add considerable liquidity to PONS going forward. You can tell from the surge in trading volume when the positive news was announced that it was much greater than the volume following yesterday’s announcement of its listing on CB. Binance and Robinhood are now the only major exchanges left. The founder of RH took a neutral stance at the last summit, so we’ll have to wait for another statement of support for the RH chain—that would be truly positive news. The boost from a Korean exchange listing is only temporary; outside of a major bull market, listings rarely sustain a rally. I expect it to spike and then pull back after the listing. Although there have been several positive listing announcements over the past few days, it will still be difficult to reverse the trend in the short term given the broad weakness across the on-chain market. The overall market is also teetering, so it may take a long time for PONS to form a bottom. I still recommend watching more and trading less.

#marscoin After breaking below 0.1 yesterday, the decline accelerated. It hasn’t yet fallen close to a new low, but if it does, I’m planning to add a little to my position. #Stonk continued to fall yesterday, so I added a few thousand U.