Punch, a meme coin on the Solana blockchain, briefly hit a market cap of $16.5 million. It surged 49

Meme Coin Punch Jumps 49% on Community Vote Buzz—Market Cap Hits $13.7M

Punch is punching higher. The Solana-based meme coin surged this morning, briefly touching $16.5 million in market cap before pulling back to $13.7 million—a 49% gain in 24 hours on $3.5 million volume. The catalyst? A community listing vote on a trading platform, now at 73.61% of the target. Classic meme coin play: all hype, no utility. Risk is real.