Lucky Trader Turns $85 Into $2 Million on Robinhood Chain Meme Coin

From decrypt.co

A patient meme coin investor turned less than $100 into a small fortune on a new meme coin on Robinhood Chain, the new Ethereum layer-2 network from the brokerage and crypto exchange Robinhood. A user with the Ethereum address beginning in “0xeEE2,” bought 0.05 ETH or around $85 worth of CashCat on June 18, a few weeks before the company formally announced the public launch of its network mainnet. At the time, the purchase was good enough for around 17.4 million CashCat tokens. Just over three weeks later, the dollar amount on paper has ballooned to more than $2.3 million as the token exploded to a more than $138 ... (full story)