A US cryptocurrency stock, QMMM Holdings, experienced an extraordinary surge of over 1,700% in a single trading day. This rapid rise follows news about the company’s plan to establish a $100 million crypto treasury, allocating assets to Bitcoin, Ethereum, and Solana. Despite the potential for substantial growth, analysts are questioning whether this dramatic increase is sustainable. QMMM’s stock charts show signs of overheating, raising concerns about the possibility of a sharp correction. 70% as interest weakened. 70% as interest weakened. The article delves into factors that contributed to QMMM’s meteoric rise and highlights potential risks associated with such explosive price movements in the volatile cryptocurrency market.