Anonymous Cat

Anonymous

Solana

Rewards

<p>Anonymous Cat (<a href="https://x.com/search?q=%24ZCAT&amp;src=cashtag_click" rel="noopener noreferrer nofollow">$ZCAT</a>) has climbed 25% over the past 24 hours, pushing its market cap to around $57 million. The move offers some relief to holders, though it has not fully offset a roughly 30% decline over the prior month.</p>
<h2 id="how-the-reward-mechanism-works">How the Reward Mechanism Works</h2>
<p><cite>$ZCAT is a Solana meme token launched through the StonkFun launchpad and built on Solana's Token-2022 standard. It charges a 3% tax on every transfer, converts most of that tax into Zcash, and airdrops the ZEC to wallets holding at least $20 worth of ZCAT.</cite> The setup creates what its community describes as a "hold ZCAT, earn ZEC" dynamic, though payouts depend entirely on sustained trading activity.</p>
<p><cite>About 2,320 ZEC, worth roughly $2.8 million, has been distributed across more than 470,000 payouts.</cite><cite>The ZEC rewards come from other people buying, selling, and transferring ZCAT, not from a business or investment that produces income.</cite> If trading volume drops, so do the payouts.</p>
<p><cite>Rewards are automatically airdropped directly to holder wallets, with no staking, claiming, or wallet connection required.</cite><cite>The amount distributed varies based on token activity and is not a fixed or guaranteed yield.</cite></p>
<h2 id="privacy-in-name-only">Privacy in Name Only</h2>
<p>Despite its branding, $ZCAT carries no technical privacy features of its own. <cite>ZCAT is not a privacy coin in the technical sense. It is a standard Solana token, and Solana transactions, including every ZCAT transfer, are fully visible on the public blockchain.</cite><cite>ZCAT's connection to privacy is thematic and financial, borrowing Zcash's name recognition and paying real ZEC rewards, rather than technical.</cite></p>
<p>The token's earlier trajectory illustrates how quickly sentiment can shift in the memecoin market. ZCAT launched in early September and surged almost immediately, reaching a market cap of around $170 million before pulling back. The latest move to $57 million, while a near-term positive, still leaves the token well below that peak. As with all memecoins, volatility remains high and investors should proceed with caution.</p>
<p><strong>Sources:</strong><br><a href="https://www.coindesk.com/markets/2026/09/07/this-cat-memecoin-has-paid-holders-usd2-8-million-in-zcash-as-zec-tops-usd1-200" rel="noopener noreferrer nofollow">CoinDesk: This cat memecoin has paid holders $2.8 million in Zcash</a><br><a href="https://www.coingecko.com/en/coins/anonymous-cat" rel="noopener noreferrer nofollow">CoinGecko: Anonymous Cat (ZCAT) Price and Market Data</a><br><a href="https://cryptoslate.com/coins/anonymous-cat-zcat/" rel="noopener noreferrer nofollow">CryptoSlate: Anonymous Cat Price Today</a></p>

Anonymous Cat Rebounds Despite Monthly Losses

Table of Contents

BSCN

Other articles published on Oct 6, 2026

Join our free newsletter for daily crypto updates!