Cash Cat (CASHCAT) extended its explosive rally to another all-time high on September 4, 2026, as speculative demand accelerated around a new generation of Robinhood-linked meme tokens. On MEXC perpetual futures, CASHCAT briefly traded above $0.31, peaking near $0.315 after an almost uninterrupted climb from its August lows below $0.05.
The surge pushed the token's valuation into the $300 million range. Tracking data showed CASHCAT at approximately $314 million before it retreated to around $276 million. The move was not isolated: Index, MOS, Basecat, HYPE, Plumber and PONS also gained attention as speculative capital rotated into newer meme assets. PONS was reported above $700 million, Index near $75 million and Basecat around $58 million.
After the record high, CASHCAT entered a sharp correction on MEXC futures, falling toward $0.25 and posting a daily decline of roughly 15%. Despite the pullback, the token remained well above its major moving averages. The 20-day exponential moving average was near $0.186, while the longer available moving average sat around $0.123. Momentum also cooled, with the relative strength index around 62 after repeatedly testing overbought conditions during the rally.
The immediate technical focus is whether the $0.23–$0.25 support area can hold. Stabilization there could open another attempt at $0.30 and the newly established high near $0.315, while a breakdown may lead to a deeper retracement toward $0.19–$0.20. CASHCAT remains one of the standout beneficiaries of the Robinhood meme rally, but the MEXC correction highlights how quickly momentum can reverse after such aggressive expansion.
