Altcoins News

Story: ZCAT Memecoin Distributes $2.8M in Zcash as ZEC Surges Past $1,200

By Maheen Hernandez

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What happened. Can a memecoin actually make you richer in a coin you'd rather hold?

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The historical context. Memecoins doing weird things with tokenomics isn't new.

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Why it matters. What ZCAT is doing isn't just a gimmick, or at least it's trying not to be.

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What to watch. A few things matter here going forward. The total value locked in ZCAT over the next 90 days will…

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Can a memecoin actually make you richer in a coin you'd rather hold? ZCAT is betting on exactly that.

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The ZCAT token has carved out a strange little corner of the memecoin market with a mechanism that's pretty simple on paper: every transaction gets hit with a 3% tax, and that…

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Tying a brand-new memecoin to an established privacy coin like Zcash is a genuinely odd move. But odd moves get attention in this market. And ZCAT has gotten attention.

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Memecoins doing weird things with tokenomics isn't new. SafeMoon did something similar back in 2021 — charged transaction fees, redistributed them to holders, and watched its…

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Dogecoin tells a different kind of story. It started as a joke — genuinely, no one took it seriously — and then community momentum and internet culture turned it into something…

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The pattern across both cases is basically the same: clever tokenomics can get a project noticed fast. Staying noticed is the hard part.

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What ZCAT is doing isn't just a gimmick, or at least it's trying not to be. Paying holders in Zcash rather than in the token itself is a deliberate attempt to anchor value to…

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Related: New Jersey Escalates Battle with Kalshi Over Prediction Markets in Supreme Court

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But that's also the risk. ZCAT's payout model is now tied directly to Zcash's price. If ZEC drops below $1,000, the math on those distributions starts to look a lot less…

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Early adopters are clearly the winners here, if anyone is. They got in before saturation, before scrutiny, and they're collecting ZEC at $1,200-plus.

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There's also a broader thing happening here that's worth watching. Projects are leaning harder into complex tokenomics as a way to stand out.

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