
Altcoins2m read
Trader 'CASHCAT' Turns $800 into Over $1 Million on Robinhood's New Blockchain with Memecoin
A trader known as 'CASHCAT' has turned an initial $800 investment into over $1 million on Robinhood's new blockchain by trading a memecoin.

A trader known as 'CASHCAT' has turned an initial $800 investment into over $1 million on Robinhood's new blockchain by trading a memecoin.

Memecoin project BONK has suffered a **$20 million** treasury drain after an attacker exploited its governance mechanism by purchasing **$4 million** in tokens.

BonkDAO, the entity behind the memecoin project, has reported a $20 million theft resulting from a malicious governance proposal.

Nansen analysis reveals that holders of Donald Trump-linked memecoins have collectively lost over $3.8 billion, with the majority of buyers in the red.

MemeCore's M token plummeted 80% in hours, wiping out nearly $3 billion in market value without any clear explanation.