- Justin Sun donated $100,000 to the viral baby monkey, Punch.
- The donation came after the Punch meme coin soared past its $30 million cap.
- Sun welcomes Sal as an official HTX brand ambassador.
TRON founder Justin Sun has pledged a whopping $100,000 to support a baby Japanese macaque named Punch whose touching story recently went viral online. Sun’s announcement comes as the monkey-inspired Punch meme coin has soared, rising 200% in just 24 hours and reaching a market cap of $34 million.
Sun and HTX said they were deeply moved after seeing a video of a young monkey clinging to a stuffed orangutan after being abandoned at birth. The donations will be donated to the Ichikawa City Zoo, where Punch is being rescued.
Sun also noted that Sal will be appointed as the “official HTX brand ambassador.” This shows that he intends to turn the once-abandoned baby monkey into a global symbol that fuses viral internet culture and the crypto world.
Viral Monkey receives $100,000 donation from Justin Sun
Justin Sun contacted X earlier today and announced that he would be donating $100,000 to Punch, the baby monkey who was abandoned by the virus. of ×post read,
“Punch, the bravest little monkey, has captured the hearts of the world. HTX.com is deeply moved by his resilience. To ensure he receives the best care at Ichikawa City Zoo, HTX is pledging a $100,000 donation to support Punch’s growth and habitat. We are also honored to name Punch as an official HTX brand ambassador.”
Punch is a Japanese macaque born at the Ichikawa City Zoo in July. Immediately after birth, he was abandoned by his mother. Soon, zookeepers gave him a soft orangutan toy they named “Olamama.”
The baby monkeys were often seen carrying toys around their enclosure and cuddling them when they were alone. Videos of these scenes quickly went viral online, making him one of the most talked about animal stories of the year. Zoo caretakers even called the toy Punch a “surrogate mother.”
new video It also shows Punch trying to protect his stuffed animal from other monkeys who are making fun of him. In one clip, Punch runs away and a larger monkey even tosses him around before quickly returning to hug the toy.
Punch meme coin becomes a hot topic
Interestingly, Justin Sun’s donation came in response to the sudden rise in popularity of Punch meme coins. After the monkey story went viral, the cryptocurrency community launched a meme coin that quickly gained traction.
Punch Meme Coin is currently trading at $0.03456, an increase of 204% in one day. Its market capitalization has soared above $34 million, sparking optimism. Over the past seven days, the meme token has seen a massive rally of nearly 20,000%. There is a fixed supply of 1 billion coins. They claim that the transaction tax is 0%, liquidity is locked away and ownership is relinquished.
The project is inspired by baby monkeys and is described as a community-driven coin built around themes of emotion, comfort, and camaraderie.
Blockchain data revealed by analysts shows that one wallet purchased approximately $226,000 worth of PUNCH meme coins. The data also shows that holdings related to celebrities have increased by nearly 90% over the past week. At the same time, balances held by “smart money” investors and large whale wallets have declined.
