With PONS falling nearly 70%, the value of Bonk Guy’s holdings in the token dropped from $10.3 million to $3.47 million.
On X, on-chain data platform Lookonchain shared the sharp decline in the value of the portfolio held by Bonk Guy, who uses the account “theunipcs.” According to the data, the investor’s 10.9 million PONS are worth approximately $6.83 million less than their previous valuation of $10.3 million.
Portfolio falls 60% from its peak
Bonk Guy’s total portfolio value also fell from its $26 million peak to $10.4 million. These figures indicate a decline of $15.6 million, or 60%, from the peak.
The current value of the PONS holdings accounts for about one-third of the reported total portfolio. The figures reflect changes in the value of the holdings; no information was shared about realized losses from sales.
Pons revenue also drops sharply
Alongside the price decline, Lookonchain also reported that Pons’ revenue fell from a peak of $11.42 million to $103,600. The post draws attention to a notable decline in both the token price and the project’s revenue.
The post did not specify the period covered by the revenue data, so these amounts cannot be described as daily or weekly revenue.
Not investment advice.