PONS

Pons to bottom at .786 fib following uniswap new launch? Would be poetic

This post is not about Pons specifically, it’s about the whole RH chain in general. Not sure who is in charge at RH land but I’m gonna start handing out “come on now’s” because it’s getting a little _____ Almost looking like the Kaspa team. I know this message might not be well received or interpreted so we’ll go both ways of stating it. “What the ___is going on you got billions of dollars but no _____cents to invest in a billion dollar runner to support your ____ chain? Who the _____is running the show? The ex Kaspa dev? You seriously want to go down in history as the ___eth layer 2 launched in history with out anything running or touching 500m-1b and look like a ___compared to base!? Ok on to the curtailed lingual from a business exec… I noticed you recently expanded the chain during a crypto winter or bear and I would like to give some insight. You have a great opportunity that exists before your eyes that you have an opportunity to seize but time is fast in crypto and as much as you are waiting for the crypto clarity act to pass, ideally that’s not the best short term focus for the long term company expansion. Seconds are years in crypto. If you want to win or die as a chain it’s now that you must increase marketing revenue but not in the literal sense. You must start buying into and listing your top RH chain tokens before the clarity act. If your CEO is dead set on waiting, it’s time to fire and re hire. History repeats itself and we already saw what happened in a similar situation in Asia. At the end of the day stop being cheap and running RH like a Ch sweat shop because we all know how that turns out.

Pons stay on

Did anyone fumble $PONS? Hope not, I checked the data and it is still same, revenue is high around 150k, market share - dominance. Price dropped 30%, it was a nice dip to buy. Also at the same dip we had massive buybacks, 22.35% is burnt already. I still think the project is undervalued, keep in mind that seems like little number of people believe in RH chain, the liquidity is still low (10x lower than on base) if that changes, then current risk you are taking over the potential reward is negligible. I am happy to hold couple of thousands and waiting. To be fair it was too smooth ride for now.