Meme coin Punch surges over 400% in a single day, top holder sees profits exceeding 46 times.
ChainCatcher News, according to GMGN market data, Solana ecosystem meme coin Punch surged more than 4 times in a single day, with a current market capitalization of $14.75 million and a 24-hour trading volume exceeding $16.1 million.
Data shows that the top address on the leaderboard invested nearly $10,000 to build a position at $81,800, and now has an unrealized profit of $455,000, a gain of more than 46 times. Public information indicates that Punch was inspired by a popular monkey at the Ichikawa City Zoo and Botanical Garden in Japan. Moonshot has launched this token tonight. ChainCatcher reminds users that meme coin trading is highly volatile, mostly driven by market sentiment and hype, and lacks actual value or use cases. Investors should be aware of the risks.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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