Markets· ★★· bearish·

CASHCAT drops 21% in a week as hacker steals tokens and airdrop adds selling pressure

  • —CASHCAT fell 14% in 24 hours and 21% on the week, with a 40% monthly drawdown
  • —Trading volume jumped 84% as selling pressure intensified
  • —A hacker stole 3.7 million CASHCAT and swapped them for ETH, BNB and SOL
  • —A whale bought $145,710 worth of CASHCAT at a $135 million market cap
Why it matters: Meme tokens remain vulnerable to hacks and airdrop-driven sell-offs, raising risks for holders amid a weak market.
Source: AMBCrypto