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One thing I find interesting about $PONS: The market is judging it after a large drawdown, while $PUMP also went through a period where sentiment was extremely weak. That doesn't mean PONS will follow the same path. But both have a similar angle worth studying: a launchpad token tied to platform activity and token buybacks/burns. For me, the interesting part isn't calling the bottom. It's watching whether the fundamentals can eventually bring attention back.

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