PONS market capitalization recovered above $500 million, reaching $523 million after a gain of more than 12% over 24 hours, according to GMGN data. Pons said 29.34% of the token's total supply has been burned, reducing the amount in circulation, while 80% of protocol fees will continue to fund PONS buybacks. Odaily cautioned that meme coins can experience sharp price swings and urged investors to participate carefully.