Deep Dive Into Pond0x Ecosystem
Pond0x ecosystem promises crypto 2.0 for users. Let us examine its features to see what it has to offer.
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The cryptocurrency industry is filled with several projects. While some are big names, several lesser-known projects have been attracting attention. Pond0x is one such project.
Pond0xis a crypto ecosystem created by Pauly0x, and it comprises PondCoin, Pond DEX, and Pepe Fork (PORK) memecoin. Here, we will discuss everything you should know about the PondOx ecosystem before investing in it.
Who is Pauly0x
Pauly0x, also known as Jeremy Cahen, is the creator of the Pond0x project. The crypto entrepreneur and artist is also behind Not Larva Labs, a non-fungible token studio that has issued NFTs such as the CryptoPhunks collection.
Before launching Pond0x, Cahen was already a well-known crypto personality. This is primarily because of his lawsuit with Ryder Ripps against Yuga Labs over the BAYC copyrights. However, he now appears to focus exclusively on the Pond0x since the launch of the Pond Coin token in 2023.
All About Pond0x
Pond0x is a DeFi ecosystem launched in July 2023. At the time, it was meant for users to take advantage of the PEPE memecoin by allowing users to mint Pond Coin.
Now, it positions itself as crypto 2.0 and has other features besides the PNDC token. These include the Pepe Fork (PORK) memecoin, Pondwater program and highly innovative Pond Dex.
Pond0x Tokens
There are two tokens currently associated with the Pond0x project. These are:
PNDC Token
Pond Coin (PNDC) is the native cryptocurrency for the PondOx ecosystem. The token was launched in July 2023 and has a total supply of 420.689 trillion. According to data from Etherscan, it currently has only about 17,000 holders and a circulating market cap of $74.5 million.
Its current price is $0.000000833, over 70% down from the peak in September 2023. The token has also shed about 20% of its value in the last 24 hours.
PepeFork
PORK is a memecoin fork of the original Pepecoin. According to Pauly0x, it was launched due to the PEPE team's lack of transparency. With PepeFork, the creators want to redefine what a decentralized project should be.
The token has been around for less than two weeks but has already gained attention with listing on centralized exchanges such as MEXC. Its price peaked on February 2 and has dropped 47% since then. Like PNDC, it also has a total supply of 420.69 trillion. However, the circulating supply is around 330 trillion.
