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Solana Meme Token ZCAT Gains 76.33% as Market Cap Reaches $68.17 Million

The cat-themed token uses a roughly 3% transaction tax to buy bridged Zcash on Solana and airdrop it to holders.

By Enna Lee
Published
Mentioned assets
A masked cat token beside a small stack of silver coins / TokenPost.ai
A masked cat token beside a small stack of silver coins / TokenPost.ai

ZCAT, a cat-themed meme token on Solana, gained 76.33% over 24 hours and reached a market capitalization of $68.17 million, alongside a mechanism that directs part of transaction activity toward Zcash airdrops for holders.

The token’s concept draws on Zcash (ZEC) and its privacy features. Its mascot is an anonymous cat wearing a brown paper bag.

ZCAT uses a transaction or transfer tax of about 3% to buy bridged Zcash on Solana, which is then airdropped to token holders.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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