According to Odaily, a smart money address has reportedly made a profit of $2.92 million within five hours by sniping the CAT token. Monitoring data from Lookonchain revealed that the address spent 2,500 BNB, approximately $1.46 million, to purchase 318.87 billion CAT tokens. The gas fee for adding liquidity was 127 BNB, around $74,000. Subsequently, the address sold all 318.87 billion CAT tokens for approximately 7,639 BNB, valued at $4.45 million, resulting in a profit of 5,012 BNB, or about $2.92 million.