PONS Rallies 41% to New Record as Traders See Mixed Fortunes

Pons (PONS) climbed to a record high of $0.73 on Friday after Uniswap Labs disclosed a purchase of the token, lifting the price roughly 41% in a day.

The milestone adds to a rally, which has lifted the meme coin 2534.7% in the past month and divided traders sharply.

Uniswap Purchase Follows Weeks of Launchpad Rivalry

Pons said the purchase deepens an existing relationship between the two…