---
title: "ZCAT crypto rallies 35% after reported $2.8M in ZEC rewards"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/298224036.md"
description: "ZCAT crypto surged 35.4% after distributing $2.8M in ZEC rewards funded by a 3% transaction fee. While attracting attention, the model relies on continuous trading activity to sustain payouts, posing risks if user engagement drops. The token experienced high volatility with a wide daily range, highlighting significant price reversal risks despite recent gains."
datetime: "2026-09-07T15:21:24.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/298224036.md)
  - [en](https://longbridge.com/en/news/298224036.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/298224036.md)
generator: "portal-rs"
---

# ZCAT crypto rallies 35% after reported $2.8M in ZEC rewards

ZCAT pumped **35.4% in 24 hours**, as this crypto is attracting attention due to its promise of paying Zcash reward on ZCAT.

About **2,320 ZECs** worth **$2.8 million** have been given out. But the catch is people need to trade and transfer ZCAT for those payments to be sent still.

## **How ZCAT’s Zcash rewards work**

ZCAT charges a **3%** fee whenever the token changes hands, and most of the money collected is used to buy ZEC, which is then shared among eligible ZCAT holders.

Wallets are said to need to hold at least **$20 worth of ZCAT** to receive the rewards.

The project figures show more than **470,000 payments** have been made. But these numbers refer to individual payouts, not the number of people holding the token \[the same wallet may have received several payments\].

The arrangement gives people reasons to hold ZCAT, and it also connects the memecoin to Zcash, whose price recently went above $1,200.

The rewards are, however, funded by ZCAT activity, NOT by profit made from business, nor from any separate source of revenue. The value available for future awards could be diminished by lesser user activity.

A further consideration is the **3% charge**. Every ZCAT transaction goes toward rewards, meaning holders finance the system in which they are rewarded. ​

## **ZCAT price records sharp swings**

At the time of writing, ZCAT was trading for about **$0.151**5, equating to a market cap of around **$150 million**.

The tokens were in high demand; it recorded a trade of approximately **$40.9 million US dollars** in 24 hours. The price has also been fluctuating between **$0.09037 and $0.1755** during the span of 24 hours.

Source: Coingecko

That range illustrates how quickly conditions change. ZCAT rose from its daily low; however, buyers who bought near **$0.1755** saw a double-digit decline shortly after, and before the price was able to recover again.

ZCAT has only existed for a few days, so it does not have a trading history long enough to judge long-term demand. Interest may be drawn by it sending out ZEC, especially since Zcash is doing so well, but to keep payments going, it needs ZCAT to keep trading too.

* * *

## **Final Summary**

-   ZCAT reportedly distributed 2,320 ZEC through a reward system funded by its 3% transaction fee.
-   It gained 35.4%, although the wide daily range showed a high risk of extreme reversals.

* * *

### Related Stocks

- [ZCSH.US](https://longbridge.com/en/quote/ZCSH.US.md)

## Related News & Research

- [Zcash price prediction 2026-2032: Big pump ahead for ZEC?](https://longbridge.com/en/news/298226152.md)
- [How did ZEC surge from $50 to $1200 in the past year?](https://longbridge.com/en/news/298204441.md)
- [Zcash Up 2,000% in 1 Year as Trader Puts 'Majority of Net Worth' in ZEC](https://longbridge.com/en/news/297955198.md)
- [The UK can still lead in tokenisation – but only if we move fast enough](https://longbridge.com/en/news/298258225.md)
- [Mint signs consulting deal with Currenc unit to tokenize Nasdaq-listed shares on Ethereum, Solana](https://longbridge.com/en/news/297910359.md)

---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**