Pons, a launchpad in the Robinhood Chain ecosystem, said on X that its cumulative trading volume has exceeded $12 billion since going live two months ago. At the same time, data from GMGN showed that PONS had a market capitalization of about $356 million at the latest reading. That figure is down roughly 48.4% from its previous all-time high of around $690 million. The update puts a large platform trading figure next to a sharp pullback in the token’s valuation. Odaily, which carried the item, also warned users that Meme coin prices can swing sharply and said investors should participate with caution. No additional details on the trading breakdown or token performance were provided in the source item.
Pons, a launchpad in the Robinhood Chain ecosystem, said in a post on X that cumulative trading volume on the platform has surpassed $12 billion since its launch two months ago.
GMGN data showed that PONS had a market capitalization of about $356 million at the latest reading, down roughly 48.4% from its previous all-time high of around $690 million.
Odaily said Meme coin prices can be highly volatile and warned investors to participate with caution.
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