PONS at $0.56, are you going to cut your losses?
First, look at the surface: bad news bombardment, but the price firmly holds at 0.55.
In the past 24 hours, it dropped 9%-12%, falling from the September 5 ATH of 0.968 to 0.56, a 42% retracement. Trading volume remains high at $76 million. 0.55 is a critical watershed; RSI is already in the 34-42 oversold zone, and a short-term rebound window is opening. It's oversold, but the trend hasn't reversed yet.
First thing: a whale dumped, but the burn mechanism is still working
On September 19, a whale withdrew 2.25 million PONS from Binance and directly dumped them, exchanging for $1.29 million USDG+ETH. The price crashed 12% that day.
But if you look at the other side—
PONS has cumulatively burned 300 million tokens, accounting for 31% of the total supply. Circulating supply dropped from 1 billion to 686 million. 80% of protocol revenue is used for automatic buyback and burn; in 30 days, fees contributed $132.9 million, with $14.5 million directly burned.
Second thing: Meme hype fades, but the launchpad is still printing money
Robinhood Chain fees dropped from a peak single-day $8 million in early September to $230,000, a 97% plunge. PONS weekly trading volume fell 37%, protocol revenue dropped from $10.7 million to $5.8 million.
Daily fees still amount to $830,000. PONS has cumulatively launched hundreds of thousands of tokens, with peak single-day revenue close to $6 million, once surpassing pump fun.
The Meme craze has cooled, but the launchpad is not dead. It has just shifted from "crazy money printing" to "normal money printing."
Third thing: Uniswap is increasing positions, OKX launched perpetuals
Uniswap Labs previously bought PONS and deepened cooperation; V2 graduation tokens directly entered Uniswap V4 pools. OKX perpetuals launched on September 5, spot on September 15, liquidity comprehensively improved.
PONS is the strongest launchpad on Robinhood Chain, bar none. Robinhood Chain is an Arbitrum-based L2, mainnet launched in July, backed by Robinhood with 24 million users.
You may not believe in Meme, but you can't ignore Robinhood's traffic.
Bull vs. Bear, you decide
On one side:
A whale dumped 2.25 million tokens, short-term selling pressure is real
Meme hype fades, fees plunged 97%
Fed raised rates by 25bp, risk assets under pressure
Circulating supply is not small, early holders still have selling pressure
On the other side:
31% of supply burned, deflation mechanism is real
Daily fees still $830,000, protocol is alive
Uniswap cooperation + OKX listing, liquidity improved
0.55 key support held multiple times, RSI oversold
Resistance above: 0.61-0.63 (recent highs) → 0.70 (channel upper edge) → 0.80+ (return to strength)
Support below: 0.55 (bull-bear watershed) → 0.52-0.50 (psychological level) → 0.44-0.45 (deep support)
Trading strategy
Short-term traders:
Light long positions near 0.56, stop loss below 0.52. Target 0.61-0.63, breakout to 0.70. If volume breaks below 0.55, do not bottom fish, wait for 0.5.
Swing traders:
Wait for daily close above 0.63 before entering, target 0.7-0.8. Or wait for volume surge with bullish candle + bottom divergence near 0.5 before entering.
Long-term believers:
DCA below 0.5. Betting on Robinhood Chain ecosystem explosion + continuous buyback and burn.
The biggest problem for PONS now is not the whale, not the Meme fade—
It's whether it's worth this price.
From 0.0038 to 0.97, it rose 255x. From 0.97 to 0.56, it fell 42%.
When it rises, you think it's too high; when it falls, you fear death. So when will you buy?
Here's a fact:
The lifeline of launchpad tokens is only one: whether the platform is still printing money.
As long as daily fees of $830,000 continue and burns keep happening, this flywheel hasn't stopped.
If 0.55 holds, it's a golden pit. If 0.55 breaks, it's a bottomless pit.
What's your PONS cost?
At 0.56, do you dare to bottom fish or cut losses? $BTC$ETH$PONS
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