Jumped up to $0.434 and you’re already rushing to buy the rebound? No new announcements, no new exchange listings, and even spot trading volumes haven’t moved. This long upper wick is nothing more than a short squeeze in perpetual futures.
The buyback logic is even more baseless. PONS relies solely on platform-issued token fees to burn tokens. After the peak in mid-September, the token-issuance data for the entire October period has nearly gone silent—there’s basically no new revenue to prop things up.
The moving averages are deadlocked overhead, pressing down firmly. And the fundamentals can’t produce real cash either. That blind pumping without spot buy-side support is simply handing liquidity back to shorts so they can re-enter.
#IMF称代币化市场仍小且碎片化 #PONS $PONS
#MET $MET
#IMF称代币化市场仍小且碎片化
👇
The buyback logic is even more baseless. PONS relies solely on platform-issued token fees to burn tokens. After the peak in mid-September, the token-issuance data for the entire October period has nearly gone silent—there’s basically no new revenue to prop things up.
The moving averages are deadlocked overhead, pressing down firmly. And the fundamentals can’t produce real cash either. That blind pumping without spot buy-side support is simply handing liquidity back to shorts so they can re-enter.
#IMF称代币化市场仍小且碎片化 #PONS $PONS
#MET $MET
#IMF称代币化市场仍小且碎片化
👇