Ignas: Cautious Bottom Fishing for PONS and STONK as Token Issuance Platforms Face Decline

DeFi researcher Ignas pointed out that PONS and STONK have recently seen significant declines, which may attract investors to bottom fish. However, token issuance platforms typically have short lifecycles and are cyclical, often exiting the market eventually. Taking Polkastarter and Avalaunch as examples, most platforms struggle to recover after the hype fades, with only a few successful cases like Pump.fun and MetaDAO continuing to thrive. Ignas advises investors to pay attention to the fee income and actual revenue of PONS and STONK, and to consider investing only after user adoption rates and market demand rebound, rather than blindly bottom fishing due to price drops.