Trader Bonk Guy said he is not loyal to PONS, or to any other token position or community he holds. In a public statement, he said he has never been paid by the PONS project team and is not a member of that team, arguing that his support for and holdings in PONS should not be read as allegiance to the project itself. He said his positive view on PONS comes from what he sees as the token’s fairness and from his belief that it offers on-chain traders a chance to build generational wealth. Bonk Guy added that he still sees PONS as a trade that has not fully played out, and said its market capitalization could still reach several billion dollars in the future, whether the market agrees with that view now or not. He said the same principle applies to his other positions as well: he sees himself first as a trader and chooses opportunities where he believes the risk-reward setup is the most asymmetric.
According to ChainCatcher, well-known trader Bonk Guy said in a post that he is not loyal to PONS or to any other position or community.
He said he has never been paid by the PONS project team and is not a member of the team. As a result, he said his holdings in and support for PONS should not be interpreted as loyalty to the project.
Bonk Guy said he is bullish on PONS because of the fairness he believes the token represents, and because he sees it as offering on-chain traders an opportunity to create generational wealth.
He added that he views PONS as a trade that has not fully played out yet, and said its market capitalization could still reach several billion dollars in the future regardless of whether the market currently agrees.
He also said the same principle applies to his other holdings: he sees himself first as a trader, not someone loyal to any token or community, and will only choose trades where he believes the risk-reward profile is most asymmetric.
This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan. Disclaimer:
The market information, project data, and third-party content displayed on this platform are for industry information sharing only and do not constitute any form of investment advice or return commitment.
Cryptocurrency trading carries high risks. Users should fully assess their risk tolerance and make independent decisions. All profits, losses, and legal responsibilities are borne by the users themselves.
