Cash Cat (CASHCAT) has reached a new all-time high by temporarily surpassing $0.31 on MEXC perpetual futures, with its market valuation peaking at approximately $314 million before correcting to $276 million. This surge is part of a broader speculative rally in Robinhood-linked meme tokens, including PONS valued at over $700 million, Basecat at roughly $58 million, and Index at around $75 million. After rising from below $0.05 in early August, CASHCAT experienced a significant correction of approximately 15% in one day, falling back toward $0.25. Despite this pullback, the token remains well above its major moving averages, with the 20-day EMA near $0.186 and the RSI at approximately 62, indicating potential stabilization ahead.
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