ChainCatcher report, according to Arkham monitoring, trader David (@heylittlechef) purchased $2,600 worth of PONS on its first day of listing, when its market cap was $1.607 million. Two months later, PONS rose approximately 500-fold. He has since cashed out $77,400 and still holds $1.08 million worth of PONS.
Early PONS investor's $2,600 position surges to $1.2M, with $77,000 profit taken
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Summary
An early PONS investor’s $2,600 stake has grown to $1.2 million, with David (@heylittlechef) cashing out $77,400 in profits. The altcoins to watch list may need updating, as PONS surged 500-fold in two months. Investor sentiment remains strong, with David still holding $1.08 million in the token. The token’s market cap was $1.607 million at launch.
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