ZCAT memecoin pays holders $2.8M in Zcash as ZEC tops $1,200

A new memecoin called ZCAT charges a 3% tax on every token transfer and uses the proceeds to pay its holders in Zcash (ZEC), which has now topped $1,200. The mechanism has already distributed roughly $2.8 million in ZEC to holders, a structure that ties a meme token's tokenomics directly to one of crypto's hottest assets.