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Meme Coin Punch Surges Over 400% in a Single Day, Top Wallet Address Sees Over 46x Unrealized Gains

2 hours ago

February 15th – GMGN market data (via https://gmgn.ai/sol/token/i_m4TE56o8_NV2RYH954cTJ3ckFUpvfqaQXU4ARqqDH3562nFSpump) shows Solana ecosystem meme coin Punch surged over 4x in a single day. It currently holds a market cap of $14.75 million, with 24-hour trading volume exceeding $16.1 million. Data further indicates the token’s top holder invested nearly $1,000 when the price was around $18,180, and now has an unrealized gain of $455,000 – a return of over 46x. Public info notes Punch is inspired by a viral monkey from Japan’s Ichikawa City Zoo. Moonshot has already listed the token tonight. BlockBeats reminds users that meme coin trading is extremely volatile, heavily reliant on market sentiment and hype, and lacks tangible value or use cases. Investors should be mindful of the associated risks.
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