Solana meme coin ZCAT market cap exceeds $94M, reaches all-time high

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Meme coin news: The Solana-based ZCAT market cap reached $94 million, a new all-time high. The token is now valued at $87.9 million, up over 240% in 24 hours. Built on Zcash’s privacy theme, ZCAT features an anonymous cat and distributes ZEC rewards from transaction fees. Market news indicates rising interest, with crypto KOL Ansem frequently sharing updates on X. Odaily warns of high volatility and urges caution.

According to GMGN data, the Solana ecosystem meme coin ZCAT briefly surpassed a market cap of $94 million, hitting a new all-time high, and is currently trading at $87.9 million with a 24-hour increase of over 240%.

It is reported that ZCAT is a meme coin built around Zcash’s privacy narrative, featuring an anonymous cat wearing a paper bag over its head. Its core mechanism continuously distributes transaction revenues to ZCAT holders in the form of ZEC, creating a “hold the meme coin and earn ZEC” yield narrative. Today, crypto KOL Ansem repeatedly shared and commented on content related to ZCAT on X.

Odaily reminds users that meme coin prices are highly volatile; investors should participate with caution.

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