# Ignas Says PONS and STONK Investors Should Track Revenue and Adoption

By Token Post

Canonical URL: https://www.tokenpost.com/news/insights/52409
Published: 2026-11-09T16:06:35.000Z
Updated: 2026-11-09T16:06:35.000Z
Section: Insights & Views

> He described token launchpads as cyclical and said a token-price decline alone does not show whether a platform can regain adoption.

DeFi researcher Ignas described Pons (PONS) and Stonk (STONK) as down and said investors should assess their launchpads through fees, revenue and user adoption. He argued that lower token prices alone do not show whether the platforms can sustain use.

He cautioned investors against buying PONS or STONK solely because their prices had fallen. He presented fees, revenue and adoption as indicators to watch.

He characterized token launchpads as cyclical products that often lose popularity. Ignas cited Polkastarter and Avalaunch as examples of platforms he viewed as having faded, and described Pump.fun and MetaDAO as exceptions that continued to perform.