Solana Memecoin ZCAT Pays Out $2.8M in Zcash Yield as ZEC Tops $1,200

A Solana-based memecoin called Anonymous Cat (ZCAT) has distributed roughly $2.8M worth of Zcash to its token holders. The system relies on a 3% tax applied to every ZCAT transfer, which is automatically converted into ZEC and paid to wallets holding at least $20 of the memecoin. These payouts are heavily amplified by a massive Zcash rally, with ZEC surging over 2,300% in the past year to break $1,200 late Sunday. ZCAT itself reached a market value of about $124M with $22M in 24-hour trading volume, though it recently sold off from a 19-cent weekend peak.