PNKSTR, an NFT strategy token series by TokenWorks, has reached a new milestone with its market cap surpassing $201.1 million. This marks a 41.92% increase in just 24 hours, setting a new all-time high. PNKSTR operates by charging a 10% trading fee, which is used to acquire Cryptopunk NFTs and resell them at a 20% premium, with profits reinvested into repurchasing PNKSTR tokens. Despite the impressive growth, the token is noted for its high volatility and low trading volume, prompting caution among investors.