Anonymous address turns $85 into $2.3M with Robinhood Chain memecoin CASHCAT

An anonymous Ethereum address (starting with 0xeEE2) turned an $85 investment into $2.3 million with the Robinhood Chain-based memecoin Cashcat (CASHCAT), Decrypt reported. The address purchased approximately 17.4 million CASHCAT for 0.05 ETH (about $85) on June 18, several weeks before the Robinhood Chain mainnet went live. After the launch, CASHCAT emerged as the ecosystem's leading memecoin, with the value of the 17.4 million tokens surging to over $2.3 million, representing a return of approximately 3,000,000%. The investor has since sold four million CASHCAT for $585,000 and currently holds about 12.3 million CASHCAT, valued at around $1.6 million. According to CoinMarketCap, CASHCAT is trading at $0.1346 with a market capitalization of approximately $134.6 million.