After the Ethereum ecosystem meme coin PunkStrategy (PNKSTR) rose over 370% in a single day, it has now fallen back, with a market capitalization currently reported at 22.8 million USD.

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On September 15, according to GMGN market information, the Ethereum ecosystem meme coin PunkStrategy (PNKSTR) rose over 370% in a single day before retreating, with a current market capitalization reported at 22.8 million USD and a 24-hour trading volume exceeding 8.6 million USD. It is reported that this meme coin was created by TokenWorks, with a 10% transaction fee that is used to purchase Cryptopunk NFT, and the NFT is listed for sale at 1.2 times its purchase price, with the sale profits used to repurchase PNKSTR. BlockBeats reminds users that meme coin prices are highly volatile, and users should invest cautiously.

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