$87 to $3 Million: Cash Cat (CASHCAT) Meme Coin Case Study

Originally published at mrnasdog.com/case-studies/how-did-this-guy-turn-87-into-3-million by MrNasdog. Case Study 001 — following the money.

How did this guy turn $87 into $3 million? And it's still growing.

Watch the case study as a 4:37 animated explainer: https://www.youtube.com/watch?v=r_9NvLqZkP4

1. The $87 ticket

Let us introduce you to Mr. A. That's what we call him, because nobody knows his name. On June 18, 2026, a brand-new meme coin appeared on Robinhood's new blockchain. It was called Cash Cat, and twenty-six minutes after it was born, Mr. A put in $87. That's less than dinner for two.

Then it started. By day 12, his $87 was worth $13,000. On day 13 it was $122,000, and on day 20 it was $1.9 million. On day 24, that little ticket was worth $3.8 million.

Figure 1 — What one $87 ticket was worth, day by day.

Then the coin crashed, three quarters gone in six days. Most people would run, but Mr. A bought more. Along the way he cashed out close to $900,000, and today his total stands at about $3.15 million. From $87.

Figure 2 — The ride: from $87 to $3.8 million, a 74% crash, and back to about $3 million.

So here's the question we couldn't let go of. How did he do it? Was he just lucky, or did he know something? We followed the money to find out.

2. Let's go back to June 16

To understand what Mr. A did, we have to rewind to June 16, 2026. Four names matter in this story, so let's meet them first.

Robinhood, you probably know. It's the stock trading app. In 2026 it was building its own blockchain, and the grand opening was set for July 1. What almost nobody knew was that the chain was already quietly running.

NOXA is a small website where anyone can create a meme coin in a few seconds. It likes to show up early on brand-new chains, and on June 16 it opened on Robinhood's.

Mr. A is our anonymous wallet, and here's the first surprise. That $87 was not all he had. He started with about $5,100 and spread it across lots of tiny bets on brand-new coins.

And Cash Cat is the joke coin that won. On June 16 it didn't even exist yet. It was born on NOXA two days later.

So here's how it played out. While the rest of us had no idea the chain was open, Mr. A was already inside. The moment NOXA opened, he started buying small pieces of the very first coins. Two days later Cash Cat appeared, and he bought his $87 ticket.

Then he waited. After the public launch on July 1 the crowd rushed in, and he sold part of his coins in small slices. Later he bought some back. Today his wallets are worth about $3.15 million.

Figure 4 — Mr. A's moves, from the day he got in to today.

3. Five questions

Put like that, it sounds simple. But when we looked closer, the story raised five questions, and every answer led somewhere more interesting.

Question 1 · How did he know the chain was open?

No news site had written a word. So we checked the clock. The first public post about the chain went up on X at 14:41. Mr. A was already trying to get in at 14:34, seven minutes earlier. He didn't read about it anywhere. Someone told him.

Question 2 · How did he get his money in?

There was no official way yet, only a small unofficial website that a few hundred people were passing around. His first three tries failed. That night, a wallet we call the friend sent him 1 ETH, right on the hidden chain.

Question 3 · How did he connect his wallet?

Robinhood hadn't published the settings. NOXA's own website came with them built in.

Question 4 · How did he find the new coins?

They all came out of one place. Thirteen of his fourteen early coins were made on NOXA.

Question 5 · Why Cash Cat, and was he an insider?

We checked every money link to Robinhood, to NOXA and to the side-door website, and found nothing. But one line did connect. The friend has a partner wallet, and that partner gave the Cash Cat creator its very first money, one day before Cash Cat was born. Mr. A wasn't an insider. He was one step away from one.

Figure 6 — The money trail. The friend's partner funded the wallet that created Cash Cat, the friend got Mr. A started, and Mr. A bought Cash Cat 26 minutes after launch. No link to Robinhood, to NOXA or to the side-door website.

4. Could we do it too?

Which brings us to the question that matters most to us. If we had been standing where Mr. A stood in June, could we have got in before the crowd, and turned a small ticket into $3 million too? With less than $20 a month? With less than $200?

We tested both against the real dates, with the exact sites, tools and prices. That answer is in Parts 3 and 4 of the full case study, on mrnasdog.com. Parts 1 and 2 are free to read there.

5. Cash Cat case study: quick answers

What is Cash Cat (CASHCAT)?

Cash Cat, ticker CASHCAT, is a joke meme coin created on the NOXA meme coin maker on Robinhood Chain, Robinhood's own blockchain, on June 18, 2026 — about two weeks before the chain's public launch on July 1.

How did one wallet turn $87 into $3 million with a meme coin?

The wallet we call Mr. A bought $87 of Cash Cat 26 minutes after it launched. That first ticket was worth $3.8 million at the top on day 24, then fell 74% in six days. He cashed out close to $900,000 along the way, bought more after the crash, and his wallets are worth about $3.15 million today. In total he started with about $5,100, spread over many tiny bets on brand-new coins.

Was the Cash Cat buyer an insider?

Not directly. We found no money link to Robinhood, to NOXA or to the side-door website. But a partner wallet of the friend who funded him gave the Cash Cat creator its very first money, one day before Cash Cat was born. He was one step away from an insider.

Is this a typical meme coin result?

No. It is one real wallet, traced on-chain and checkable by anyone. We chose it because it is extreme, not because it is normal.

Can you still make money with meme coins like Cash Cat?

That is the question the full case study tests: whether we could have got in before the crowd with less than $20 a month, or less than $200, using the real dates, sites and prices. The answer is in Parts 3 and 4.

MrNasdog Case Study 001 · Following the money. Research and explanation only — not financial advice. The full 18-page case study (wallet evidence, the method test) is on mrnasdog.com.