Cash Cat CASHCATMeme coin CASHCAT has rebounded 4.9 times from its low point, with a certain smart money topping up at the low point and earning up to 330% profit
BlockBeats news, on August 13, according to GMGN monitoring, Robinhood Chain ecosystem Meme coin CASHCAT is currently priced at about $0.1605, with a market cap of approximately $159 million; it has rebounded about 280% from the low point 10 days ago, reaching 4.9 times the lowest price of last month's decline, and has risen about 16% in the past 24 hours. Trader 0x44df is one of the biggest beneficiaries of this rebound, having continuously accumulated during the downturn. They bought CASHCAT in 4 transactions at the low points, with a net investment of about $89,700 and a weighted cost of about $0.0568. Calculated at the current price, this net increased position has gained about $162,800, a return of approximately 181.4%. As of the time of writing, this trader still holds about 2.755 million CASHCAT, valued at about $445,400 at the current price, with most of the position bought during the first major surge on July 7. The unrealized profit is about $289,800, with total profit around $303,900, and an overall return rate of about 338%. BlockBeats note: Meme coin trading is highly volatile, largely dependent on market sentiment and hype, with no actual value or use case. Investors should be aware of the risks.