ZCAT Token Distributes $2.8 Million in Zcash to Holders
- The new ZCAT token imposes a 3% tax on transactions.
- Proceeds from the tax are used to distribute ZEC to holders.
- Holders have received a total of $2.8 million in Zcash since the token’s launch.
- The price of ZEC has recently surpassed $1,200, boosting interest in related tokens.
The ZCAT token’s unique structure links it with the performance of ZEC, encouraging holders through monetary incentives while contributing to its popularity as a memecoin. This model highlights innovative approaches within the cryptocurrency market.
To date, ZCAT has successfully paid out $2.8 million in Zcash to its holders, reflecting the growing interest and financial activity surrounding this new token.(Source)
