PONSPONSPons
$0.12
24h
-3.37%
27 Jul, 02:24

PONS fundamentals strengthening with attractive buyback ratio

Bullish+128.77%

AI Summary

The author presents a bullish fundamental analysis of PONS, highlighting strong revenue growth, attractive price-to-buyback ratio, and significant token burn.

Been a couple of days since I gave an update on this, but $PONS fundamentals are only getting stronger! Over 14 days, @ponsdotfamily has accrued over $1.7M of revenue ($45.6M annualized). At an 80% split and $41.1M FDV, this equates to a ~1.1x price-to-buyback ratio. Again, as a comparison, $PUMP currently trades at ~9.5x price-to-buyback ratio. This may come as a surprise to some, but despite the appreciation of PONS, it is actually trading at a *cheaper* price-to-buyback ratio than it was ~1 week ago (~1.5x)! Lastly, the buybacks have been absolutely absorbing supply, and total burnt is approaching 22%.

More Views About PONS