CoinMeta data: On October 28th, the market value of PONS rebounded to exceed $290 million, with a 23% increase within 24 hours, and the trading volume during the same period reached $17.1 million. Traders BONK and guy stated that if they believe the bottom of Robinhood Chain has been reached, it is advisable to increase positions in PONS at this stage. PONS currently holds an 88% market share in Robinhood Chain Launchpad, and has retraced from its recent high market value of around $960 million by about 77%. PONS is a token issued by Robinhood Chain, a platform that supports the creation and issuance of tokens with a fixed supply. The WETH fees collected are used for repurchasing PONS, while the PONS fees collected are directly destroyed.