Solana Chain Meme Coin Punch Market Cap Surges to $16.5 Million Short-term, 24-Hour Gain of 49%

GateNews

2026-03-17 02:27:25

Gate News, March 17 — On the Solana blockchain, Meme coin Punch experienced a brief surge this morning, with its market capitalization rising from $10 million to a peak of $16.5 million. It is currently valued at $13.7 million, up 49% over the past 24 hours, with a trading volume of $3.5 million during the same period. The recent increase was driven by a community voting on a listing on a certain trading platform, which has now reached the minimum required votes of 73.61%. It is important to note that Meme coin trading is highly volatile, often driven by market sentiment and hype, and lacks intrinsic value or practical use cases. Investors should exercise caution.

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