PunkStrategy Achieves ATM Market Capitalization of $150M Fueled By Flywheel Model

Tekedia | 03-10-2025 12:25pm |

PunkStrategy ($PNKSTR), an automated trading protocol tied to CryptoPunks NFTs, recently achieved a new all-time high market capitalization of approximately $150 million, driven by its innovative “flywheel” mechanism that uses 10% transaction fees to buy floor-priced NFTs, relist them at 1.2x, and reinvest proceeds into token buybacks and burns. This surge aligns with broader momentum

Stay Updated with the Latest News!

Don't miss out on breaking stories and in-depth articles.