ZCAT rose 35.4% in 24 hours as its promise of Zcash rewards attracted traders. The token charges a 3% fee whenever it changes hands, with most of the proceeds used to buy ZEC for eligible holders. Wallets reportedly need at least $20 worth of ZCAT to qualify, while the project says more than 470,000 payments have been made. That figure represents individual payouts rather than unique holders, since one wallet may receive multiple payments. About 2,320 ZEC worth $2.8 million has been distributed. ZCAT was trading near $0.1515 with a market capitalization of about $150 million and 24-hour volume of approximately $40.9 million. Its price ranged from $0.09037 to $0.1755 during the period, highlighting the risk of sharp reversals. The project has existed for only a few days, and its rewards depend on ongoing ZCAT activity rather than business profits or another revenue source. Its appeal is also linked to Zcash, which recently traded above $1,200.