24 hours ago we flagged $PONS down 18.5% while its buy-and-burn kept running, $58.4K of tokens burned in 48 hours. Since then price is up 9.9% to $0.204. The burn did not pause through the dip. One green day does not make a floor. But the sell pressure that took it to $0.185 met a bid that did not fold. What we watch next: whether the 7-day burn pace holds above $205K while price stays over $0.20. Desk is long $PONS, disclosed. https://t.co/JSfeAR1qnh
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