PONS crypto revenue plunges 88% – Can price avoid a drop to $0.50?

More importantly, the shrinking launch activity seemingly reduced one crucial channel supporting $PONS utility. Besides, pressure from declining activity was also reflected in the platform’s revenue and buyback mechanism.

Revenue slump weakens the buyback engine

$PONS crypto’s revenue contracted 88% from its early-September peak as the Robinhood Chain activity deteriorated. Besides, the daily $PONS buybacks also collapsed from above $1 million to nearly $200,000.

The rapid reduction weakened the recurring source of demand within the economic model of the token. The fewer buybacks implied that the platform created substantially less purchasing support during the broader price contraction.

Notably, the declining revenue further accompanied the reduction in launches, connecting weaker market activity with reduced token purchases. Ultimately, this latest revenue decline introduced another challenge for buyers attempting to establish a durable price recovery.

Therefore, the token entered its next technical test as the fundamental demand conditions remained substantially weaker than the previous September’s levels.

Triangle support meets growing bearish pressure

On the daily timeframe chart, $PONS reached the rising boundary of its symmetrical triangle confinement after losing the $0.5808 horizontal support. The latest daily candle touched the $0.5216 level before price recovered toward $0.5447 at reporting time.