{"id":49834,"date":"2026-07-14T17:05:14","date_gmt":"2026-07-14T17:05:14","guid":{"rendered":"https:\/\/cryptd.in\/viral-cat-themed-meme-coin-explodes-by-2000-in-a-week-whats-behind-the-madness\/"},"modified":"2026-07-14T17:05:14","modified_gmt":"2026-07-14T17:05:14","slug":"viral-cat-themed-meme-coin-explodes-by-2000-in-a-week-whats-behind-the-madness","status":"publish","type":"post","link":"https:\/\/cryptd.in\/uk\/viral-cat-themed-meme-coin-explodes-by-2000-in-a-week-whats-behind-the-madness\/","title":{"rendered":"Viral Cat-Themed Meme Coin Explodes by 2,000% in a Week: What\u2019s Behind the Madness?"},"content":{"rendered":"

The broader cryptocurrency market has endured a persistent bearish phase in recent months, with countless leading digital assets, including Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Solana (SOL), Cardano (ADA), and more bleeding heavily.<\/span><\/p>\n

The sector, though, consists of thousands of tokens, and few have defied the ongoing carniage by charting substantial gains. Cash Cat (CASHCAT) is one of the most notable examples, with its price skyrocketing by 2,000% over the last week. Below is a detailed breakdown of its performance and what may lie ahead.<\/span><\/p>\n

The Impressive Pump<\/b><\/h2>\n

At the start of July, the cat-themed meme coin was basically worthless, trading well below $0.01 with a market cap of around $3 million. Over the past few days, though, there has been a remarkable uptick, and now CASHCAT stands at around $0.17, with a capitalization of just under $200 million. This makes it the 176th-largest cryptocurrency.<\/span><\/p>\n

\"CASHCAT<\/a>
CASHCAT Price, Source: CoinGecko<\/figcaption><\/figure>\n

Perhaps the most evident reason for the price explosion is that the meme coin is affiliated with the official Robinhood platform, which recently<\/span> launched<\/span><\/a> its own blockchain. Following the move, CASHCAT dominated the network with massive transaction volume, thousands of traders, and high liquidity.<\/span><\/p>\n

Another main factor is the backing from Binance. The world\u2019s largest crypto exchange<\/span> \u0434\u043e\u0434\u0430\u043d\u043e<\/span><\/a> the token to its perpetual services, allowing traders to use up to 10x leverage.\u00a0<\/span><\/p>\n

Investor interest is also quite high. The analytics platform Lookonchain<\/span> revealed<\/span><\/a> that an anonymous market participant spent 519 ETH (over $920,000) to purchase 6.12 million CASHCAT coins. Prior to that, the entity<\/span> \u0440\u043e\u0437\u043a\u0440\u0438\u0442\u043e<\/span><\/a> that another investor had successfully cashed out $1 million in the meme coin after investing less than $1,000. Of course, this<\/span> triggered<\/span><\/a> speculation of potential inside information.<\/span><\/p>\n

However, a separate individual sold too early and made \u201conly\u201d 10x on their initial $69 investment. Should they have held a bit more, they could have made a fortune, Lookonchain noted.<\/span><\/p>\n

CASHCAT is indeed on fire lately, with many analysts predicting further gains in the near future. Some even<\/span> \u043f\u0440\u0438\u043f\u0443\u0441\u0442\u0438\u0442\u0438<\/span><\/a> that Coinbase could be the next big exchange to support the token, potentially adding more fuel to the rally.<\/span><\/p>\n

Beware the Risks<\/b><\/h2>\n

Despite the overall enthusiasm, though, traders and investors must be extremely careful when dealing with such meme coins since they are often driven purely by hype, and once that momentum fades, the price usually follows.\u00a0<\/span><\/p>\n

The crypto community is well aware of other tokens of that type that recently charted substantial gains only to collapse by double digits in a matter of minutes. One example is MemeCore (M), whose price hovered around $3 in late June\u00a0<\/span>before\u00a0nosediving<\/a><\/span>\u00a0to around $0.50 following allegations of manipulation.<\/span><\/p>\n

Siren (SIREN) should also be mentioned. Last month, the token<\/span> experienced<\/span><\/a> a whopping crash from approximately $1.30 to $0.05 after its controller supposedly sold roughly 94% of the supply.<\/span><\/p>\n

\u041f\u043e\u0441\u0442 Viral Cat-Themed Meme Coin Explodes by 2,000% in a Week: What\u2019s Behind the Madness?<\/a> \u0432\u043f\u0435\u0440\u0448\u0435 \u0437'\u044f\u0432\u0438\u043b\u0430\u0441\u044f \u043d\u0430 CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

The broader cryptocurrency market has endured a persistent bearish phase in recent months, with countless leading digital assets, including Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Solana (SOL), Cardano (ADA), and more bleeding heavily. The sector, though, consists of thousands of tokens, and few have defied the ongoing carniage by charting substantial gains. Cash Cat (CASHCAT) […]<\/p>\n","protected":false},"author":1,"featured_media":49836,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-49834","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-feeds"],"yoast_head":"\nViral Cat-Themed Meme Coin Explodes by 2,000% in a Week: What\u2019s Behind the Madness? - cryptd.in<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptd.in\/uk\/viral-cat-themed-meme-coin-explodes-by-2000-in-a-week-whats-behind-the-madness\/\" \/>\n<meta property=\"og:locale\" content=\"uk_UA\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Viral Cat-Themed Meme Coin Explodes by 2,000% in a Week: What\u2019s Behind the Madness? - cryptd.in\" \/>\n<meta property=\"og:description\" content=\"The broader cryptocurrency market has endured a persistent bearish phase in recent months, with countless leading digital assets, including Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Solana (SOL), Cardano (ADA), and more bleeding heavily. 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