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ZCAT jumps 35.4% as it rewards holders with Zcash from a 3% transaction fee system

Market News
07 Sep 2026
AMBCrypto
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Bullish
ZCAT jumps 35.4% as it rewards holders with Zcash from a 3% transaction fee system

ZCAT surged 35.4% in 24 hours by distributing 2,320 ZEC (worth $2.8 million) to holders through a unique reward system funded by a 3% fee on every token transfer. This fee buys Zcash (ZEC), which is then shared among wallets holding at least $20 in ZCAT, encouraging trading and holding. However, the rewards depend entirely on continued ZCAT activity, making the system self-funded and risky if trading slows. The token’s price has shown extreme volatility since launch, reflecting uncertain long-term demand despite interest driven by Zcash’s strong performance.

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