PONS got dumped along with the broader market today, with a wick down to 0.178. It’s climbed back to 0.19 now.

But guys, take a good look at what caused that wick. U.S. stocks plunged, the Nasdaq dropped several points in a day, and over a billion worth of BTC and ETH positions were liquidated. The whole market was selling off. PONS was dragged down with the broader market; nothing went wrong with the project itself.

It dipped, then recovered within a few hours. There were buyers stepping in all along the way down.

Dachao added to his position right at 0.178. While others were selling, I was buying.

Its fundamentals haven’t changed at all. It’s the leading launchpad on the Robinhood chain, all tokens are in circulation with no unlocks hanging over it, and it’s listed on major exchanges like Coinbase and Upbit.

It fell from 0.97 to 0.18, down 80%, and now has a market cap of 120 million. Dachao sees that wick, caused by the broader market sell-off, as another chance to get in. #美股走弱加密货币市场普遍承压
$PONS