Cash Cat (CASHCAT) gained more than 29% in 24 hours to reach a new peak of $0.30 and a $287 million market capitalization, surpassing its earlier record of $267 million at $0.265 after a 16% gain. The token ranked second on Robinhood Chain behind PONS as elevated memecoin activity, derivatives participation and short liquidations supported the advance. More than $377,000 in short positions were liquidated in under an hour, while total short liquidations exceeded $611,000 during the day. CASHCAT’s weekly gain surpassed 40% after it broke above the prior high of $0.2592 following a week of consolidation between $0.17 and that level. Technical analysis identified $0.217-$0.225 as the next demand zone, with $0.17 and potentially $0.16 as important downside levels. The rally remained exposed to sentiment-driven volatility and a possible bearish shift if $0.17 failed.