PONS token fell more than 10% in 24 hours due to large whale selling and a sharp drop in network activity, which caused revenue and token burn rates to decrease significantly. A whale sold 5.34 million PONS for $3.6 million, signaling a rotation to more stable assets like Ethereum. The token is now approaching a key support level at $0.55, with potential to rebound toward $0.95 if it holds, but risks falling to $0.34-$0.37 if the support breaks. The market sentiment remains cautious as selling pressure persists.
Following the sharp drop in PONS token due to whale selling, Ethereum shows steadier trading on Pluang as of Sep 24, 2026 21:47 WIB, with a price of Rp47.843.613 and a modest 1-day gain of 0.46%. Ethereum's market cap stands at Rp5.844,47 trillion, supported by a 24-hour trading volume of Rp293,2 trillion. Pluang users currently favor buying Ethereum, with 73% of order activity on the platform being buy orders and a typical hold time of 106 days, highlighting a preference for more stable assets amid volatility.
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