Pond0x DEX Claims $100M Trading Volume While Critics Claim It's a Scam

Pond0x reported that It is DEX reached $100 million In cumulative volume, quoting A Dune dashboard as proof.

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THE Pond0X decentralized exchange (DEX) has reached more that $100 million In total trade volume, according to has A Seven. 28 social media job Since It is official channel. Investors previously lost on $2 million In THE launch of THE Exchanges native token, PNDX, When he turned out has to have A function that allowed anybody has transfer he without THE the owners authorisation. But supporters claim these losses were not THE mistake of THE developer.

$108,000,000 Trade Volume ✅

And count.

What come the next one…?

pic.twitter.com/lpetFqJAkq

— Pond Piece of money (@Pond0x) September 28, 2023

As evidence For THE Pond0X trade volume, THE official channel quoted A Dune dashboard created by user Mogie, which watch on $111 million In all the time trade volume as of Seven. 29.

Total volume metric For Pond0X. Source: Mogie/Dune

THE PNDX token spear on July 28. HAS THE time, reviews accused THE project of be A carpet pull or exit scam. HAS issue was THE unorthodox path that THE projects founder, Jeremiah Cahen (Also known as "Pauly"), spear THE piece of money. In THE launch job on X (Previously Twitter), Cahen job THE URL has A application that allowed people has deposit A fixed Rising of Ether (ETH) has receive A fixed Rising of PNDX. He Also job THE contract address For THE token.

In answer, a few investors begin purchase THE piece of money on Uniswap, using It is contract address has identify he, while others deposit ETH In THE application has receive PNDX. THE price on Uniswap quickly pink above that...