Binance Listing Fuels PONS Momentum, But Whale Selling Pressure Looms

PONS tokens were listed on Binance Alpha on September 2nd, causing their price to surge to $0.52.

This listing helped amplify existing momentum in trading activity, but it didn't create the momentum itself.

The PONS buyback engine is now operational, with 80% of revenue going towards buying back tokens and supporting scarcity.

However, early whales holding large amounts of PONS are sitting on significant gains, which could be paid out by the project in the future.