Solana's ecosystem token ZCAT has surpassed a market capitalization of $119 million, setting a new record.

According to GMGN data, ZCAT, a meme coin in the Solana ecosystem, has surpassed $119 million in market capitalization, setting a new all-time high. It is currently trading at $116 million, a 24-hour increase of 389.4%. ZCAT is a meme coin built around Zcash's privacy narrative, represented by an anonymous cat wearing a paper bag over its head. Its core gameplay involves continuously distributing transaction profits in ZEC to ZCAT holders, creating a "hold meme coins to earn ZEC" narrative. Crypto KOL Ansem has repeatedly shared and commented on ZCAT-related content on X today. Odaily reminds users that meme coin prices are highly volatile; investors should participate with caution.