PONS Crypto's Revenue Plunge Threatens Short-Term Growth

PONS crypto's price has been struggling to break above $0.8 after bouncing 11% on Tuesday.

The altcoin's value is tied to revenue and ecosystem traction, having launched as a memecoin on Robinhood's platform, similar to Pump. fun for the new L2.

PONS saw an explosive 2600% increase between late August and early September, but subsequently retraced 46% to a crucial golden zone above $0.5.

Despite building momentum to retarget $1, PONS' fundamentals have weakened with a 5x daily revenue fall to $2M, which could delay its strong surge to $1.