Meme coin ZCAT surged over 63% in 24 hours, with its market cap rising to $126.8 million.

BlockBeats news, September 17, according to GMGN market data, Solana ecosystem Meme coin ZCAT has surged over 63% in the past 24 hours, with its market cap rising to $126.8 million

ZCAT is a cat-themed Meme token on Solana, inspired by the privacy concept of Zcash (ZEC), with its mascot being an anonymous cat wearing a brown paper bag on its head. It purchases and airdrops bridged Zcash (ZEC) on the Solana chain to holders through a trading or transfer tax (about 3%).

BlockBeats reminds users that Meme coins mostly lack practical use cases, prices are highly volatile, and investment requires caution.