Anonymous Cat Rally Accelerates as Holders Receive $8M Zcash

ZCAT Surges 50% as ZEC Distributions Cross $8 Million

Anonymous Cat (solana:HcRLc9VDgjLeK154xDawfb1dmVJ98DoSqcwTHGqiDeJR), the Solana-based memecoin trading under the ticker $ZCAT, has gained roughly 50% in the past 24 hours as cumulative Zcash distributions to holders crossed $8 million. ZCAT has paid out approximately 5,963 ZEC tokens to holders, a sum worth roughly $8 million at prevailing market prices as of September 16.

The reward mechanism is straightforward. Every ZCAT transfer or trade is subject to a 3% tax, and those proceeds are automatically converted into ZEC and airdropped to eligible holders. The tax is converted into Zcash and rewards wallets holding at least $20 worth of ZCAT. No staking or manual claiming is required.

The pace of distributions has accelerated sharply. By September 7, the project had already distributed over 2,320 ZEC across roughly 470,000 individual payouts, valued at approximately $2.8 million. The pace accelerated from there.

StonkFun, ZEC Pairing, and the Risks Involved

ZCAT launched in August 2026 and has a short price history, thin liquidity relative to established assets, and the price behaviour typical of a new memecoin. It launched through StonkFun, a Solana launchpad that lets new tokens use assets other than SOL or stablecoins as their trading pair, and now also trades through Raydium's LaunchLab.

The ZCAT/$ZEC pairing is central to the project's identity, tying the memecoin's fortunes directly to Zcash's price. Reward value depends on the ZEC price, so a fall in ZEC reduces the value of distributions even if ZCAT itself holds steady. The token previously reached a market cap near $168 million before experiencing sharp valuation swings.

The rewards depend on continued ZCAT trading rather than income from a business or investment, meaning payouts could fall sharply if activity and liquidity decline. Prospective holders should weigh those risks carefully before participating.

Sources:
CoinDesk: This cat memecoin has paid holders $2.8 million in Zcash as ZEC tops $1,200
Crypto Briefing: Zcash surpasses $8M in ZEC distributions to Solana holders through ZCAT memecoin
MEXC Learn: What Is Anonymous Cat (ZCAT)? The Solana Meme Coin Paying ZEC