The ZCAT token surged 35.4% in 24 hours, reaching around $0.1515 with a market cap of approximately $150 million. The project distributed 2,320 ZEC, equivalent to $2.8 million, through a reward system funded by a 3% fee on every transaction. To be eligible, wallets must hold at least $20 worth of ZCAT. Over 470,000 individual payouts have been made, though this figure represents individual payments rather than unique holders, as the same wallet may have received multiple payments. The mechanism rewards token activity rather than profit-generating business, exposing the system to the risk of reduced rewards if trading volume declines.
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