Punch just hit $40M market cap and I'm seeing it everywhere right now. This Solana meme coin is up 28.7% in the last day alone with trading volume over $19M. Honestly kind of wild how fast these things move. It's already approaching that $44M all-time high and people are definitely watching to see if it breaks through. So apparently it started from some viral monkey clip out of a Japanese zoo? That's the whole story behind this meme coin. I get that meme coins are basically pure sentiment and FOMO at this point, zero utility or fundamentals backing it up. But when you see volume like that on a meme coin, you start wondering if you're missing something. The volatility is insane though, could dump just as fast as it pumped. Risky play for sure but the market is clearly interested in Punch right now.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin