CASHCAT Rebounds 4.9x From Lows; Address Nets $303.9K in Total Profit

CASHCAT, a meme coin built on the Robinhood Chain ecosystem, is changing hands at roughly $0.1605, giving it a market capitalization of about $159 million. That price marks a 4.9x gain from the lowest point seen in last month's pullback, and a ~280% jump from the low recorded 10 days ago. The token is up about 16% in the past 24 hours. A wallet address tracked by on-chain data accumulated CASHCAT during the recent downturn, including four separate buys at the low. The total net investment for those dip purchases came to about $89,700, with a weighted average cost of $0.0568. At the current price, that portion of the position has gained approximately $162,800, a return of 181.4%. As of writing, the same address still holds about 2.755 million CASHCAT, worth nearly $445,400 at the current price. Most of those tokens were bought during the first rally on July 7. The unrealized profit on the remaining position is around $289,800, while total profit stands at roughly $303,900, for an overall return of 338%.