The originate of memecoin Pond0x has ended in thousands and thousands of dollars in losses for investors, according to a number of stories on social media on July 28. Recordsdata from the Maestro shopping and selling app shows that the Pond0x (PNDX) token reached a label of $0.36 earlier than collapsing to come zero in a span of 5 minutes.
The originate of Pond0x became announced on July 28 by “Pauly,” the pseudonymous founding father of No longer Larva Labs who’s assumed very top by his Twitter username. No longer Larva Labs is the developer of a nonfungible token shopping and selling app for CryptoPunks and for a separate parody sequence known as CryptoPhunks. It’s no longer connected to Larva Labs, the creators of CryptoPunks.