Meme coin Stamp hits $14 million in just 6 hours, with trading volume reaching $24.4 million in the same period.

BlockBeats news, September 21, according to GMGN market data, Solana ecosystem Meme coin Stamp was launched only 6 hours ago, its market cap briefly surged past $14 million, now falling back to $9 million, with trading volume reaching $24.4 million.

Stamp is a concept coin under the Zcash privacy coin + Shielded Assets (ZSA) narrative. Users burn tokens on Solana to "stamp" on the Zcash mainnet to generate unique Stamps (similar to inscriptions/proofs), achieving one-to-one mapping without the need for bridges or custody. This is an early gameplay ahead of the official launch of Zcash's Shielded Assets (ZIP 226/227, currently still a draft, not yet live on the mainnet).

Stamp itself is also the core token of a Zcash-related launchpad: fees from tokens subsequently issued on the launchpad will be used to buy back Stamp; developers are also pushing features like holder crates and paired coin issuance.

BlockBeats reminds users: Most Meme coins have no practical use cases and market volatility is high, so invest with caution.