The cryptocurrency space frequently sees the creation of new hype-driven assets that bring immense joy to a handful of early adopters, or, in most cases, insiders.
The latest such sensation was CASHCAT – a highly speculative, community-driven meme coin built on the Robinhood Chain, the Ethereum Layer 2 network. It references an early piece of company lore, and current data from CoinGecko shows that it has exploded by over 3,200% in the past week.
Its market capitalization briefly tapped $200 million earlier after this spectacular rally, which led to the latest interesting stories in the community.
However, the participant, who might be Brian Jung, according to some of his posts, didn’t make the most of the CASHCAT investment, as a few more days of diamond hands would have yielded an even more impressive profit of $2.9 million.
The second story is also successful, as it didn’t lose money, but the ‘what if’ question is a painful one here. Another user sold 20 million meme tokens for $711. Although that’s still a 10x return from the initial $69 investment, Lookonchain noted that if they had held for just a few more days, they would have been able to retire.
This is because CASHCAT exploded in the following hours and the initial investment of $69 would have rocketed to over $2.7 million. Nevertheless, realized profit is still profit, so let’s not feel too sorry for that investor.
This guy sold 20M $CASHCAT too early for just $711, missing out on a $2.7M+ profit.He spent 0.04 $ETH ($69) to buy 20M $CASHCAT, then sold it for 0.415 $ETH($711), making a 10x return.If he had held until today, he could have retired.https://t.co/ujTWQSKCzbpic.twitter.com/DLl2iSpXJ7— Lookonchain (@lookonchain) July 10, 2026
Disclaimer: The market is risky, and investment needs to be cautious. This article does not constitute investment advice. Users should consider whether any opinions, views, or conclusions in this article are in line with their specific circumstances. Investment based on this is at their own risk.