PONS market cap surpassed $500 million, on-chain data shows. A trader deposited $54,000 six hours ago, opened a 4x leveraged long position on 447,100 PONS tokens worth $226,000, and now has an unrealized profit of $8,600, representing a 15% return.
PONS has pushed past a $500 million market cap, based on Lookonchain tracking. Six hours ago, one trader (address 0xe3b...aB62) sent $54,000 to Aster DEX and then took a 4x leveraged long on 447,100 PONS tokens. Position value: $226,000. Right now, the trader is sitting on an unrealized profit of $8,600, good for a 15% return.
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