According to lookonchain monitoring, the SimonsCat team appears to have made $2.92 million in just 5 hours by sniping CAT. The SimonsCat team is adding liquidity and buying 318.87 billion CATs at a gas fee of 127 BNB ($74,000) for 2,500 BNB ($1.46 million). It then sold all 318.87 billion CAT worth 7,639 BNB ($4.45 million) for a profit of 5,012 BNB ($2.92 million).