PunkStrategy (PNKSTR) rose over 87% in a single day, with market capitalization reaching an all-time high.

On September 24, according to GMGN market information, PunkStrategy (PNKSTR) rose over 87% in a single day, with a current market capitalization of 36.4 million USD, reaching a historical high. It is reported that this coin was created by TokenWorks, which charges a 10% transaction fee for trading. The fees are used to purchase Cryptopunk NFT and sell the NFT at a price 1.2 times higher. The profits from the sale are used to repurchase PNKSTR. BlockBeats reminds users that the prices of related tokens fluctuate greatly, and users should invest with caution.

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