PONS, a non-custodial token launchpad on Robinhood Chain, was listed on Binance Alpha on September 2, pushing its price to $0.52. Since launch, the protocol has processed over $5 billion in volume within two months. Its buyback mechanism absorbs 80% of revenue, representing $640,000 to $800,000 in daily buying power, with nearly $2 million ready for deployment and approximately 30% of total supply burned. However, early holders like Ogle, an adviser at World Liberty Financial, show 1,080x gains, representing a significant risk of massive selling potentially exceeding the buyback absorption capacity.
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