A cryptocurrency trader has turned a $5,200 investment in the Bundle Cat (BUN) token into a holding worth about $377,000.
The trader, identified by wallet address 0x955, bought BUN on the token’s launch day when its market capitalization was roughly $265,000.
The position is now valued at approximately $377,200, representing an unrealized gain of more than 7,100%, according to on-chain data shared by Arkham on September 28.
The data shows the wallet still holds 3.69 million BUN tokens and has not sold any portion of the position despite the asset’s rapid appreciation.
How the BUN surged
Bundle Cat is a meme coin launched on Robinhood Chain, an Ethereum layer-2 network that went live in July 2026.
The network was originally designed to support tokenized stocks and real-world assets, but meme coins and launchpad projects have emerged as major drivers of early activity.
BUN serves as the flagship token of Mosh, a token-launch platform developed by UV Labs. The project uses a model that locks a significant portion of the token supply in smart-contract vaults managed by automated market-making agents.
According to project data, more than 70% of BUN’s 1 billion token supply is locked, leaving a relatively small circulating supply. The reduced float has helped support price appreciation as demand increased.
Robinhood Chain meme coin rally
The BUN rally has coincided with growing activity across the Robinhood Chain ecosystem, where meme tokens have attracted significant trading volume and user interest.
Notably, throughout September, BUN recorded sharp gains, with the token climbing from a micro-cap valuation to a fully diluted valuation that briefly exceeded $100 million. By press time, the token was trading near $0.10, giving the trader’s holdings a value of more than $377,000.
The wallet’s early entry highlights the potential rewards associated with emerging meme coin projects.
However, BUN remains a highly speculative asset, with its valuation heavily dependent on continued demand within the Robinhood Chain ecosystem.
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