What Is ZCAT Coin? Anonymous Cat, Zcash Narrative, and Key Risks

Anonymous Cat (ZCAT) is a Solana based Token 2022 memecoin built around a Zcash reward mechanism. Its main feature is a 3% transfer tax that the project says is used to acquire ZEC and distribute rewards to eligible ZCAT holders.

ZCAT is not an official Zcash token. It is a separate Solana asset that uses ZEC as part of its reward design. The token has also attracted significant trading activity and sharp price movements, making its mechanics and risks important for anyone researching ZCAT.

Key Takeaways

• ZCAT is a Solana Token 2022 memecoin launched through StonkFun, with a narrative centred on privacy and Zcash.
• A 3% transfer tax funds the ZEC reward mechanism, but rewards depend on trading activity and are not guaranteed.
• ZCAT is separate from Zcash, and traders should verify the contract HcRLc9VDgjLeK154xDawfb1dmVJ98DoSqcwTHGqiDeJR before buying.

What Is Anonymous Cat (ZCAT)?

Anonymous Cat, or ZCAT, is a memecoin deployed on the Solana blockchain using the Token 2022 standard.

The project was launched through StonkFun and uses a privacy themed cat concept. Its main point of differentiation is its connection to Zcash through a ZEC reward mechanism.

Unlike a conventional utility token, ZCAT is primarily positioned as a memecoin. The project itself states that the token has no intrinsic value and no company behind it.

The Zcash connection comes from the way the token handles its transfer tax.

ZCAT applies a 3% tax to transfers, with the project saying the resulting fees are used to acquire ZEC and distribute rewards to eligible ZCAT holders.

This makes ZCAT unusual among memecoins, but it does not make the token part of the Zcash network.

ZCAT operates on Solana, while Zcash is a separate blockchain. The two should therefore not be treated as the same project.

Read Also: How to Create a Meme Coin on Solana (Step-by-step)

How Does ZCAT Work?

ZCAT's main mechanism is built around its 3% transfer tax and the use of ZEC as a reward asset.

The basic process can be simplified as:

ZCAT activity → 3% transfer tax → ZEC acquisition → eligible holder rewards

The project says this process allows ZCAT holders to receive ZEC without directly staking ZCAT.

The 3% ZCAT Transfer Tax

A 3% transfer tax is built into the ZCAT mechanism.

This means users need to consider the tax when trading or transferring the token. It is separate from any trading fees charged by an exchange or decentralised exchange.

The tax is not an APY or fixed interest rate.

Its purpose is connected to the project's ZEC reward system, meaning the amount generated can vary with activity around ZCAT.

For traders, this additional cost can affect the economics of entering or exiting a position.

How ZCAT Generates ZEC Rewards

The project's reward model uses ZEC as the distribution asset.

Fees generated through the 3% tax are used to acquire ZEC, which is then distributed to eligible ZCAT holders.

The amount of ZEC available for distribution depends on trading activity.

As a result, holders should not assume that owning ZCAT produces a predictable amount of ZEC over time.

The project explicitly states that rewards are not guaranteed and may change or fail.

That makes the mechanism different from a fixed yield product.

Do ZCAT Holders Need to Stake or Claim Rewards?

According to the project, eligible ZCAT holders do not need to use a conventional staking system or manually claim their rewards.

The rewards are described as being automatically distributed.

However, automatic distribution does not remove the risks associated with the token.

The amount received can vary, while the market value of ZCAT itself can move sharply in either direction.

ZCAT Tokenomics and Contract Address

The available project information provides the following token details:

The ZCAT contract address is particularly important because trending memecoins can attract copycat tokens.

The contract reported by the project's official information is:

HcRLc9VDgjLeK154xDawfb1dmVJ98DoSqcwTHGqiDeJR

Users should verify the full address before swapping ZCAT.

A matching ticker or token name is not sufficient to confirm that a token is the intended asset.

The maximum supply is 1 billion ZCAT, while available market data puts the current supply at roughly 969 million.

The project also states that its mint and freeze authorities have been revoked.

Read Also: What Is COAR Crypto? Oil Meme Coin on Solana Explained

ZCAT Price, Market Cap and Trading Activity

ZCAT has experienced substantial price volatility as trading activity increased.

Because the token is very new, market data can change quickly. Price, market capitalisation, volume and liquidity should therefore be treated as time sensitive figures.

A supplied DEX Screener snapshot captured on September 7, 2026 at approximately 13:03 UTC+7 showed ZCAT trading at around $0.1483.

The same snapshot showed a market capitalisation of roughly $143.6 million to $143.8 million, with FDV of approximately $147.4 million.

Liquidity stood at around $2 million, while 24 hour trading volume was approximately $26.9 million.

The snapshot also showed a 24 hour increase of about 53.15%.

There were around 26,791 transactions, including approximately 16,171 buys and 10,620 sells.

These figures are only a market snapshot and can become outdated quickly.

CoinGecko data also recorded an all time high of $0.1564 on September 6, 2026.

The rapid changes demonstrate why recent price performance should not be treated as an indication of future returns.

High volume also does not automatically mean that a token has deep liquidity.

Where Can You Buy ZCAT?

ZCAT is traded across both decentralised and centralised markets.

Decentralised markets tracked for the token include Raydium and Meteora.

ZCAT has also expanded to centralised exchanges.

LBank announced ZCAT/USDT spot trading on September 6, 2026. The exchange also announced a ZCAT USDT margined perpetual contract with leverage of up to 20x.

Ourbit announced ZCAT/USDT spot trading on the same date.

Exchange availability can change, particularly for a newly launched memecoin.

Users should check the trading pair, token contract and applicable fees directly before making a transaction.

A dedicated How to Buy ZCAT guide would cover the purchasing process in more detail.

What Is the Connection Between ZCAT and Zcash?

ZCAT and Zcash are separate crypto assets.

ZCAT is deployed on Solana, while Zcash operates on its own blockchain and uses ZEC as its native cryptocurrency.

The connection is that ZCAT uses ZEC as the reward asset in its token mechanism.

In simple terms:

ZCAT is the token being traded on Solana, while ZEC is the asset used for its stated holder reward mechanism.

This distinction is important because the ZCAT name and ZEC pairing could lead some users to assume that the token is part of the Zcash ecosystem.

There is no evidence in the supplied sources that ZCAT was created, issued or endorsed by the Zcash project.

It should therefore be treated as an independent Solana memecoin with a Zcash themed reward mechanism.

Key Risks of Anonymous Cat

Extreme Price Volatility

ZCAT has moved sharply over a short period.

Its recent market activity shows the risks associated with trading a newly trending memecoin.

A rapid increase in price or market capitalisation does not guarantee that the trend will continue.

The price can reverse quickly, particularly when market liquidity is limited.

Transfer Tax

The 3% transfer tax affects the cost of using ZCAT.

It is separate from network fees and trading fees that may also apply.

Users should account for this tax when assessing the potential cost of buying, transferring or selling the token.

Reward Uncertainty

ZEC rewards are not guaranteed.

The project says reward amounts depend on trading volume and can change or fail.

For this reason, ZCAT's reward mechanism should not be described as a fixed APY or guaranteed passive income.

Even if a holder receives ZEC, the market value of their ZCAT position can still decline.

Liquidity Risk

Trading volume and liquidity are not the same thing.

ZCAT can record significant trading activity while having a much smaller amount of liquidity available near the current market price.

During sharp market moves, this can increase execution risk and price impact.

Memecoin and Copycat Risk

ZCAT's popularity can also increase the risk of users interacting with tokens using similar names or tickers.

The reported contract is:

HcRLc9VDgjLeK154xDawfb1dmVJ98DoSqcwTHGqiDeJR

Users should verify the complete address before trading.

Is ZCAT the Same as Zcash?

No.

ZCAT is a Solana based Token 2022 memecoin, while Zcash is a separate blockchain and cryptocurrency whose native asset is ZEC.

ZCAT uses ZEC as part of its reward mechanism, but that does not make it an official Zcash token.

The Zcash connection is therefore a feature of ZCAT's design and narrative rather than evidence of an official relationship.

Conclusion

Anonymous Cat (ZCAT) is a Solana Token 2022 memecoin whose main differentiator is its ZEC reward mechanism.

The project applies a 3% transfer tax and says the resulting fees are used to acquire ZEC for eligible holders. However, rewards depend on trading activity and are not guaranteed.

ZCAT should also not be confused with Zcash. It is a separate token with its own market, contract and risks.

Given its recent volatility, users researching ZCAT should verify the contract, understand the transfer tax and consider the uncertainty around both the token price and ZEC rewards before trading.

FAQ

What is Anonymous Cat (ZCAT)?

Anonymous Cat (ZCAT) is a Solana based Token 2022 memecoin. Its main feature is a 3% transfer tax that the project says is used to acquire ZEC and distribute rewards to eligible holders.

Is ZCAT an official Zcash token?

No. ZCAT is a separate Solana token. It uses ZEC in its reward mechanism but is not presented as an official Zcash asset.

What is the ZCAT contract address?

The reported ZCAT contract address is HcRLc9VDgjLeK154xDawfb1dmVJ98DoSqcwTHGqiDeJR. Users should verify the complete address before trading.

How does the ZCAT 3% tax work?

ZCAT applies a 3% transfer tax. The project says the fees are used to acquire ZEC and distribute rewards to eligible ZCAT holders. The rewards are variable rather than guaranteed.

Is Anonymous Cat risky?

Yes. ZCAT is a highly speculative memecoin with significant price volatility, a 3% transfer tax, variable ZEC rewards, liquidity risk and potential copycat tokens.

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