Data: PunkStrategy (PNKSTR) surged over 87% in a single day, reaching an all-time high market capitalization

PunkStrategy (PNKSTR) has surged over 87% in a single day, with a current market cap of $36.4 million, reaching an all-time high. It is reported that this token was created by TokenWorks, with a 10% transaction fee applied to trades. The fees are used to purchase Cryptopunk NFTs, which are then listed for sale at 1.2 times the purchase price, and the profits from the sales are used to buy back PNKSTR.

ChainCatcher reminds users that the prices of related tokens are highly volatile, and users should invest with caution.