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Monster crypto trade turns $5,000 into $5.69 million

Monster crypto trade turns $5,000 into $5.69 million

As the Pons (PONS) token, the native utility and governance token for the Robinhood chain-based Pons Launchpad, rocketed by nearly 2,000% over the past 30 days, crypto trader Ogle, an advisor at World Liberty Financial (WLFI) and America.Fun, has made $5.69 million from $4,997.

Ogle successfully purchased 10.607 million PONS on July 14, 2026, for about $4,997, according to on-chain data analysis from Robinhood Chain by Arkham Intelligence. As of September 3, PONS price hovered at approximately $0.53699, thus putting Ogle’s holdings at $5,695,852.93.

Ogle’s PONS trade action. Source: Arkham 

Consequently, this crypto trader has made a profit of around 5,690,855.93 at the time of writing, representing a return of nearly 1,140 times.

Why is Ogle bullish on this crypto asset?

This trader based the bullish thesis for PONS on the strong fundamentals of the launchpad platform. With Pons Launchpad using part of its rising protocol fees to buy back and burn PONS, Ogle expects further gains as Robinhood Chain’s memecoin space evolves.

“$500 million market cap here is actually only $330 million, because of burns – we’re a lot earlier still than it seems. Pons generated more fees today than each group COMBINED: Hyperliquid + Polymarket + Fomo and Robinhood + BSC + Solana,” Ogle noted

As of press time, the Pons Launchpad has reported 30-day fees of $40.84 million, out of which its revenue is $7.93 million, based on updates from DeFiLlama. This platform used about $1.62 million in token repurchases and burns over the past 30 days, thus fueling the bullish hype.

Pons financial outlook. Source: DeFiLlama 

PONS price performance 

Over the past 30 days, PONS price has surged by 1,957.78%, thus outpacing its peers, including Pump.fun (PUMP), a Solana (SOL)-based memecoin launchpad.

PONS 30-day chart. Source: Finbold

With Robinhood Chain having seen its memecoins grow to a market cap of $934,851,754, up 56% in 24 hours, PONS is well positioned to attract more volume amid the ongoing broader crypto bullish outlook.

Featured image via Shutterstock

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