Robinhood Chain Launchpad Token with Buyback Mechanism

What is the ceiling for $pons? Why is it rising? Latest data: As of now, the platform's total trading volume is 3B, protocol revenue is 4m, total tokens launched are 320k+, and creator earnings are 17m. As the leading launchpad on the Robinhood chain, its main narrative focuses on the currently hottest crypto stocks and memes, positioning itself as version 2.0 of http://pump.fun. If we compare $pons to $pump, $pump currently has a market cap of $4.8 billion, while $pons has a market cap of $130 million—a difference of over 30 times. The $pons flywheel is as follows: Trading fees are approximately 1%, currently split as 70% to creators and 30% to the protocol. Approximately 80% of protocol revenue is used to buy back and burn $PONS, with the remaining 20% going to the Treasury. Current $pons buyback and burn status: According to the chart below: Approximately 287.9 million PONS have been burned, accounting for 28.79% of the total supply, leaving only 712 million in circulation. This means the actual circulating supply is now only about 70%. Buyback plan frequency: 20% of market cap annually. Based on the analysis above, the actual market cap of $pons is less than $100 million; the higher the trading volume, the more buybacks occur, and the fewer tokens remain. If you don't know what to buy, just buy $pons.