PONS Cracks the Top 100 as Whales Come Back to the Trenches
BTC rips back to $80,300 live on air, PONS clears $400M, and Nachi and Darren return to Robinhood Chain
Tyler walks the Bitcoin chart as majors flip green ahead of Friday's payroll report
Bitcoin was up 2% at $78.9K at the open, crossed $79.7K mid-show and hit $80,300 live on stream, with Glassnode still flagging $83-86K as heavy overhead supply — 'clear skies' only past that, per Tyler. ETH added 1% to $2,430, BNB and XRP rose about 4%, SOL reclaimed $100 at $101.40 and HYPE ground to $82.80, while spot BTC ETFs flipped back green with a $100M inflow and ETH's three-week inflow streak ended on $48M of outflows. The macro setup is Friday's payroll report — with Fed governor Waller saying he supports holding rates steady in September — plus a Labor Day lull that has Kraken pushing its IPO window to Q2 2027 and Strategy CEO Michael Saylor defending the 60K sell / 80K rebuy as 'the right decision at the right time.'
PONS is up 20X in 30 days, broke into the CoinMarketCap top 100, and cleared a $400M market cap — up 35% at 55 cents early and 57% at 57 cents by the later read. The fundamentals backing the run: a new-high $544M day of trading volume, about $1.1M a day in revenue with roughly $880K (80%) going into buybacks, and 1% of the supply burned in the last four days alone. Tyler, who capitulated in at 13 cents last Thursday, says it's 'not a meme coin trade,' and the crew roasted Clemente's liquidation at 47 cents for shorting a protocol with provable on-chain revenue.
Robinhood Chain keeps printing records: the dashboard Tyler tweeted out hit another all-time high of $1.8B on the day, total RWA value on the chain is climbing $15-20M a day on meme-driven market-maker demand, and chain revenue sits around $4M a day — third behind Tether and Circle, ahead of pump.fun at roughly $1.8M with PONS eighth at about $1.24M. The stock is feeling it: HOOD was up 12% and bounced exactly off its old high-turned-support on the weekly chart, and at a 50X earnings multiple the crew's 'moon-boy math' says a billion-dollar-a-year revenue line should start showing up in the share price.
Nachi broke a long silence to say he's 'going deep into Robinhood Chain, back into my meme roots,' calling meme stonks the newest game crypto is playing and noting TVL still looks low for the chain — he's positioned in PONS, AI and CASHCAT, the anointed 'big three.' Darren, who talked only stocks for a year, is back calling Robinhood memes 'meme stocks for plumbers' and platform plays, with AI and PONS his platform bets and CASHCAT his hood meme. The crew read it as the Ethereum crowd finally having a home again — RH Chain is EVM-aligned, Arbitrum is 'mega Ethereum aligned,' and the richest ETH whales starting to play could spark 'DeFi Summer 2 on Robinhood Chain.'
The tier below the leaders reshuffled: BONER ran from a $2M to a $90M cap and pulled back to the 50s, where Tyler bought size at a ~$55M average — down $50,000 the night before airtime, roughly flat by show's end — with the token available around $42M for 36 hours and 'if AI goes to $3B, this is a billion-dollar token' the bull case. NUDES is up 250% to a $16M cap on its Snap pairing, with Tyler up about $17K from a ~$200 pump call (75X) and locking a million tokens; HOTDOG, paired with Costco stock, ran to $5M yesterday — 120X for early entries — and quant Jeebs booked a 3X on PEPTIDES. AI sits at ~$260M after a 14% rebound, MU is the number-three long.xyz coin at $23M, and on this board 'the 20th biggest is bigger than the biggest' Solana stock-meme.
The Bonk Guy is 'the main character' again: he pounded the table that USELESS is this cycle's meme winner, and the coin went sideways at $70M through late August before ripping 150% to $180M. The crew used it to ask what happens to legacy memes — FARTOK has fallen behind USELESS, CASHCAT and the rest in the rankings ('not for me,' per Tyler), while SBX is having a run, Pingu is surviving and Pepe is still a $2B coin.
The BSC board caught fire — UTILITIES +100% to $120M, MARSCOIN +100% to $109M and NEELAW (as-transcribed) +40% to ~$94M — with Ovi's CZ-academy mascot play (as-transcribed: Giggle) the talk of the trenches. On Solana, STONK took a nasty whale-driven sell-off when the VITA-stock token got sniped but is grinding back up ahead of its LaunchLab launch, and on the NFT side Argonauts doubled back to 0.32 while Tyler admitted selling his FOUR PFP at 1.3 into a bid — 'basically sold the bottom' — right before the floor got swept overnight; FOUR's custom pools are coming and PFP holders get exclusive launch rights.
A listener asked if you can buy Robinhood-chain coins on Pump — yes, cross-chain, plus BSC and everything else — which the crew called the payoff of years of chain-abstraction work: Apple Pay and credit-card deposits, social trading apps solving onboarding, and 'when your buddies turn crypto again in six to 12 months, we're gonna be using social trading apps to do it.' The flip side, per Tyler: a bull market sucks the air out of prediction markets, gacha and even sports betting — Pacauci is smartly pushing its legal perps product instead. Tomorrow's show (10 a.m. ET) brings Andy from The Rollup for a pull-back-up-the-risk-curve conversation on macro and revenue-generating protocols.