Meme coin ZCAT surges nearly 40% in 24 hours, market capitalization exceeds $82 million.
55 minutes ago
According to GMGN market data, the Solana ecosystem meme coin ZCAT has rallied nearly 40% over the past 24 hours, with its current market capitalization hitting $82.98 million. ZCAT is a cat-themed meme token built on Solana, drawing inspiration from Zcash’s (ZEC) privacy concept and featuring an anonymous cat mascot with a brown paper bag over its head. The token levies a roughly 3% transaction and transfer tax, which is used to purchase bridged Zcash (ZEC) on the Solana blockchain and airdrop it to holders. BlockBeats reminds users that most meme coins lack real use cases, exhibit high price volatility, and investors should exercise caution.
A whale or institutional investor continues to take profits on 30,825 ETH, logging total accumulated profits of $72.83 million.
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A whale withdrew 18.34 million ENA tokens from CEX, valued at approximately $5.13 million.
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