According to Lookonchain, a trader made $3 million in just 5 hours by strategically sniping the CAT token. The trader initially spent 2,500 BNB (approximately $1.46 million) to purchase 318.87 billion CAT tokens at the moment liquidity was added. Subsequently, the trader sold all the CAT tokens for around 7,639 BNB (approximately $4.45 million), resulting in a profit of 5,139 BNB (around $3 million).