PONS market cap rebounds above $830 million, surging over 10% in 1 hour

BlockBeats News, September 9 - According to GMGN market data, the market cap of PONS, the token issuance platform coin on Robinhood Chain, has surged past $830 million, with a 1-hour increase of 10.89%.

PONS is the platform token of Pons, a native token issuance platform on Robinhood Chain. The platform supports the creation and issuance of tokens with a fixed supply, uses collected WETH fees to buy back PONS, and directly burns PONS fees collected. It is regarded by some in the community as the Pump.fun on Robinhood Chain.