Punch, inspired by a monkey from Ichikawa Zoo, nears its record $44M market cap with a 28.7% daily surge, reflecting intense market sentiment and volatility.
Punch, a Solana ecosystem meme coin, climbed 28.7% in the past 24 hours to reach a $40 million market cap, approaching its record $44 million. Trading volume exceeded $19.2 million during the surge. The token, themed after a popular monkey from Ichikawa Zoo, remains highly volatile and driven by market sentiment.