Meme Coin ZCAT Surges Over 63% in 24 Hours

The Solana-based meme coin ZCAT has risen more than 63% in the last 24 hours, reaching a market capitalization of $126.8 million. ZCAT is a cat-themed token inspired by Zcash (ZEC) privacy concepts, featuring a tax mechanism that distributes bridged ZEC to holders. Investors are advised to exercise caution due to the high volatility and lack of practical utility typical of meme coins.