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Ponytail palm is a tall, palm-like plant that is not a true palm but is closely related to agave. It has an upright, fleshy, trunk-like stem that becomes swollen at the base, where it stores water. This is topped with clusters of long, curved, sword-shaped leaves that hang down giving the appearance of a pony's tail. When mature, it produces panicles of fragrant cream colored flowers that are pollinated by bats.