Bonk Guy: If Robinhood Chain is deemed to have hit a market bottom, investors should go heavy on PONS.
Renowned trader Bonk Guy posted that if one believes Robinhood Chain has hit its bottom, one should go heavy on PONS at this stage. He noted that PONS currently holds an 88% market share on Robinhood Chain’s Launchpad, and is poised to capture a larger share of value flowing into the chain going forward. Bonk Guy added that Robinhood’s financial results have boosted bullish sentiment toward on-chain trends, with its crypto business being the top-performing segment, and CEO Vlad Tenev has also sent clear signals of future investment. PONS still has significant upside potential after pulling back roughly 77% from its recent peak market cap of around $960 million.
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Former head of large model development at Shanghai AI Lab raises hundreds of millions of yuan in funding, aiming to enable AI to independently conduct research and improve models.
According to Beating AI Express, Super Evolution Intelligence, founded by Chen Kai, former head of the Large Model Center at Shanghai AI Lab, has recently completed a multi-hundred-million-yuan angel round of financing led by BlueRun Ventures, with participation from SenseTime Guoxiang Capital, Legend Star, and other institutions.
The company officially launched operations at the end of August this year, aiming to build a foundational model capable of independent research and continuous self-improvement. Chen Kai previously led the development of the Shusheng series of large models and has hands-on experience training trillion-parameter models. For his latest startup, he will not start by training a trillion-parameter model from scratch; instead, he will first conduct post-training based on open-source models, starting with a scale of hundreds of billions of parameters before gradually exploring mid-training and pre-training.
Currently, the firm is building a self-evolutionary training loop, preparing research data and verification environments, and establishing corresponding evaluation systems. Chen Kai plans to launch its first model adopting the new paradigm by mid-2027.
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Unitree Technology's rally extended further to 14.5%, with its share price breaking through 730 yuan.
According to Bitget market data, Yushu Technology’s gains further expanded to 14.5%, with its share price breaking through 730 yuan. Meanwhile, the intraday gains of the A-share humanoid robot concept sector widened; Fulai New Materials notched 5 consecutive daily limit boards in 8 trading days, hitting a new all-time high. Earlier, more than a dozen stocks including Henggong Precision, Ningbo Dongli, Wuzhou Spring, Wanxiang Qianchao, and Dongbei Group hit their daily limit.
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PONS market cap rebounds to surpass $290 million, with a gain of over 23% in the last 24 hours.
According to GMGN market data, PONS has rebounded to a market cap of over $290 million, rising more than 23% in 24 hours, with trading volume hitting $17.1 million over the same period. Earlier, prominent trader Bonk Guy posted that if the bottom of Robinhood Chain has been reached, investors should go heavy on PONS at this stage. PONS currently holds an 88% market share on the Robinhood Chain Launchpad, and after a roughly 77% pullback from its recent peak market cap of around $960 million, it still has significant upside potential. PONS is the platform token of Pons, a native token issuance platform on Robinhood Chain. The platform supports the creation and issuance of fixed-supply tokens, uses collected WETH fees to repurchase PONS, and directly burns the PONS fees it receives. BlockBeats reminds users that token prices are highly volatile, so invest with caution.
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A trader opened a new short position of approximately $2.3 million on the S&P, and forecasts no interest rate hike.
According to TradingBeats' monitoring, cross-market trader ps5 opened new positions on Hyperliquid and Polymarket between last night and today, holding S&P 500 short positions and a "Fed holds rates unchanged in October" Yes prediction market position. Early today, he established 300 S&P 500 short contracts at an average price of $7,720, currently valued at around $2.3171 million, with an unrealized loss of approximately $1,140, his only current derivatives position. During the same period, the address spent $7,812 to buy 8,400 "Fed holds rates unchanged in October" Yes contracts, with the purchase price corresponding to an implied probability of 93%. The current implied probability stands at 95.85%, and the remaining position has an unrealized profit of about $211. The Federal Reserve will announce its latest interest rate decision at 2:00 AM Beijing time on October 29.
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