Anonymous Cat (ZCAT), a Solana-based meme coin, has distributed about 2,320 ZEC worth approximately $2.75 million to eligible holders through more than 470,000 payouts. ZCAT charges a 3% tax on every transfer, converts most of the proceeds into Zcash and distributes the tokens to wallets holding at least $20 worth of ZCAT. The rewards are funded by trading activity rather than operating revenue, making their size dependent on ZCAT transaction volume. GMGN data puts ZCAT's market capitalization at about $111 million, with a 4.39% 24-hour decline and roughly $20.5 million in trading volume.