My thesis on
$SPON. Whether you buy the narrative or the tech or neither, statistically this is a wildly asymmetric trade.
- The first and only Pons-native token that turns trading fees into automatic
$PONS rewards and recurring
$SPON buybacks and burns.
- Native on Pons matters more than it sounds.
@ponsdotfamily is about to ship its mobile app, and logically it will list the tokens launched on Pons. That is new liquidity and new retail landing straight on the chain, before you count anything
@vladtenev does to push retail on chain. The
$SPON team's goal is top 5 memes on the launchpad, and with this flywheel it is easy to see why it belongs in that cohort.
- Trades everywhere, right now. Fomo, GMGN, Axiom, Uniswap. No limits anywhere.
- Pays
$PONS every 2 hours AND buys
$SPON on the market and burns it every 30 minutes. Nobody else on the chain does this. 2.5% of supply already gone.
- The only other token paying
$PONS on Robinhood Chain (NOT launched on Pons) trades at $6M (ATH $11M) -
$COUPONS. No buybacks, no burns, not on Pons, not tradable on some terminals like Fomo, and flagged as a honeypot on some trading terminals (e.g. GMGN).
$SPON is at $160k.
- On Stonk, the reflection token
$KNOTS trades at $12M on a $254M
$STONK. Pons is at $660M. By that logic the Pons-native one should be the same size or bigger, not 75x smaller. Even if
$SPON only reached 20% of
$KNOTS over market dynamics, which is excessively and extremely conservative, that is about 15x from here.
- The team has not stopped adding value since launch with constant updates to the website, new features, and active on socials.
If Pons fails, sure,
$SPON fails with it. But if Pons just holds these levels, let alone recovers its ATH, there will be a handful of memes representing the chain and feeding the launchpad itself.
$SPON is built to be one of them.
Do the math.
0xba356353542ed5564f8b9e48fc6c8d5e6c14a1a8