Trader Bonk Guy bullish on PONS: $202M annualized revenue with $434M market cap

Trader Bonk Guy (@theunipcs) reported that the Robinhood Chain protocol PONS generated $1.34 million in daily revenue on September 10. The protocol currently sees an annualized revenue of approximately $202 million against a market cap of $434 million. The protocol's buyback wallet holds $3.7 million and continues to grow, with the protocol utilizing TWAP to conduct ongoing buybacks of PONS tokens on the open market.