PONS briefly rose more than 12% on Oct. 8 before retreating, with HTX market data showing the token at $0.4212 and a market capitalization of $281.3 million at the time of reporting. The move appeared to track a listing update involving South Korean exchange Upbit, which is set to add PONS trading pairs in KRW, BTC, and USDT markets. The price spike did not hold, and the token later gave back part of the gain. The latest move came one day after Coinbase said it would list spot trading for Pons (PONS). Taken together, the two exchange developments put PONS in focus across multiple trading venues within a short window, with the market reacting quickly to the new listings.
PONS rose more than 12% briefly on Oct. 8 before pulling back, according to HTX market data. The token was last quoted at $0.4212, with its market capitalization standing at $281.3 million.
The move appeared to be linked to news that Upbit will list PONS in its KRW, BTC, and USDT markets.
Earlier, on Oct. 7, Coinbase announced the launch of spot trading for Pons (PONS).
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