CASHCAT market cap drops below $100 million, 24-hour decline exceeds 30%

According to GMGN market data, the Robinhood Chain Meme coin CASHCAT's market cap has fallen below $100 million, with a 24-hour decline of over 30%.

Odaily reminds investors that Meme coin prices are highly volatile, largely driven by market sentiment and hot topics, and lack solid value backing. Investors should be mindful of the risks.