$SOL Gate News report: On March 17, Punch, a Meme coin on the Solana chain, experienced a sharp rise this morning, with its market cap surging from $10 million to $16.5 million at peak, now trading at $13.7 million, up 49% in 24 hours, with trading volume reaching $3.5 million in the same period. This round of gains was driven by the Meme coin receiving a community listing vote on a certain trading platform, with voting currently reaching 73.61% of the minimum requirement. It should be noted that Meme coin trading is highly volatile, largely dependent on market sentiment and concept speculation, with no actual value or utility cases. Investors should be aware of the risks.