PONS market cap briefly surpasses $39 million, setting a new all-time high

TechFlow reports, on July 21, according to GMGN market data, PONS, the token of launchpad Pons on Robinhood Chain, rose over 105% in 24 hours, with market cap briefly hitting a new high of $39.02 million, currently at $32.17 million.

PONS is the platform token of Pons, the native token launch platform on Robinhood Chain. The platform supports the creation and issuance of fixed-supply tokens, using collected WETH fees to buy back PONS while collected PONS fees are directly burned. It is regarded by some in the community as the pump.fun on Robinhood Chain.