Bonk Guy: If Robinhood Chain is deemed to have bottomed, one should heavily invest in PONS.
Oct 28, 11:25
October 28: Well-known trader Bonk Guy posted that if one believes the bottom of Robinhood Chain has appeared, one should heavily position in PONS at this stage. He stated that PONS currently holds an 88% market share on the Robinhood Chain Launchpad and is expected to capture a larger proportion of the value flowing into the chain going forward.
Bonk Guy also stated that Robinhood's earnings report has bolstered bullish sentiment on on-chain markets, with the crypto business being the best-performing segment, and its CEO Vlad Tenev also clearly signaled further investment ahead. After PONS retraced approximately 77% from its recent peak market cap of about $960 million, there is still substantial upside potential.