PONKE Price Jumps 27% as Trading Volume Explodes
$PONKE is seeing a strong bullish move today, with its price rising to $0.06971, up 27.23% in the last 24 hours. One of the main drivers behind this surge is a sharp increase in market activity. The token recorded a 24-hour trading volume of $59.87 million, which is significantly higher than its $38.73 million market capitalization. This results in a volume-to-market-cap ratio of 154.58%, a level that typically signals intense trader interest, short-term speculation, or a reaction to broader market momentum.
Another factor supporting today’s price action is PONKE’s supply structure. With a circulating supply of 555.54 million tokens, nearly identical to its maximum supply of 555.55 million, there is minimal inflation risk from future token unlocks. This fixed-supply dynamic can amplify price movements when demand rises suddenly.
Community growth also plays a role. PONKE is now held by approximately 74.89K holders, reflecting expanding awareness and participation. Increased holder count often improves liquidity and social traction, especially during periods of heightened volatility.
Overall, PONKE’s price increase today appears to be fueled by a combination of surging volume, tight supply conditions, and strong market engagement rather than fundamental changes.
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