Meme Coin Punch Market Cap Surges to $40 Million Briefly, 24-Hour Gain Reaches 51%

BlockBeats News, February 25th, according to GMGN monitoring, the Solana ecosystem Meme coin Punch reached a market capitalization of 40 million U.S. dollars this morning, followed by a slight decline, with the current market value temporarily reported at 37 million U.S. dollars and a current price of 0.037 U.S. dollars, a 51% increase in the past 24 hours, with a trading volume during the same period exceeding 19.4 million U.S. dollars.

BlockBeats reminds users that Meme coin trading is highly volatile, relies heavily on market sentiment and concept speculation, has no actual value or use case, and investors should be aware of the risks.