Investor Turns 85 Dollars Into 2 Million on Robinhood Chain Meme Coin

An investor transformed 85 dollars into over 2.3 million dollars by purchasing CashCat on Robinhood Chain, an Ethereum layer-2 network. The user, with an Ethereum address starting with '0xeEE2,' bought 0.05 ETH worth of CashCat on June 18, acquiring approximately 17.4 million tokens. Three weeks later, the token's market cap surged to over 138 million dollars, valuing each CashCat at around 0.138 dollars. The trader has sold about 4 million tokens for profits of 585000 dollars, retaining a balance of 12.3 million tokens worth approximately 1.6 million dollars. Meanwhile, another meme coin, 'The Black Bull' (ANSEM), has seen a decline of over 37% from its all-time high, currently trading at 0.26 dollars with a market cap of 260 million dollars. Trading activity on Robinhood Chain has increased, with at least two other meme coins ranking in the top 20 by trading volume in the last 24 hours.