Meme Coin Punch Surges Over 200% in One Day, Top Wallet Shows Over 90x Unrealized Gain

BlockBeats News, February 20th, according to GMGN market data, the Solana ecosystem meme coin Punch surged more than 2 times in a single day, with a current market value of 31.07 million US dollars and a 24-hour trading volume exceeding 24.10 million US dollars.

The data shows that the top one address of this coin has invested an average of 87,800 US dollars in market value, totaling 10,700 US dollars in position opening, and the current single coin profit is 1.1 million US dollars.

Public information shows that Punch was inspired by a viral monkey in the Ichikawa City Zoo in Japan. Moonshot has listed the token.

BlockBeats reminds users that meme coin trading is highly volatile, largely dependent on market sentiment and conceptual speculation, without actual value or use case. Investors should be aware of the risks.