Bonk Guy says PONS should be worth at least $200 million, with a Robinhood listing likely a matter of time

Trader Bonk Guy argued that the market is starting to price in the potential of PONS, pointing to its revenue profile, token buyback model, and activity on Robinhood Chain. He said PONS is generating about $56 million in annualized revenue, with 80% of that allocated to buying back and burning PONS tokens. For comparison, he cited Pump.fun at roughly $460 million in annualized revenue, with 50% used for PUMP buybacks and burns, and a current valuation of about $2 billion for PUMP. On that basis, Bonk Guy said that even if PONS were valued at just 10% of PUMP’s valuation, its market capitalization should still come in around $200 million. He also said Pons previously accounted for about half of on-chain activity on Robinhood Chain, and that at least five tokens launched through Pons have exceeded a $10 million market cap, while at least 20 have topped $1 million. On recent speculation over a potential Robinhood listing, Bonk Guy said Pons is one of the main meme coin launch platforms on Robinhood Chain and that a PONS listing on Robinhood is, in his view, inevitable. He added that the current rise is not being driven solely by listing expectations.