Anonymous Cat (ZCAT): What It Is, Uses and Risks

Anonymous Cat (ZCAT) is a meme token on the Solana blockchain. According to the project data, it was launched through StonkFun, a launch platform on Solana. Its branding is a faceless cat wearing a paper bag over its head, a visual that ties into the privacy reputation of Zcash (ZEC). The token is issued on Solana and is not the native token of any chain. The project data lists no published team, product or roadmap, so there is no public utility beyond the token's built-in reward design. On this site it is grouped under meme coins and Solana meme coins, which reflects its speculative nature. Some listing descriptions say it uses Solana's Token-2022 standard, but the underlying project data does not confirm the technical details, so readers should check the token's on-chain information themselves before relying on that claim.

The main feature of ZCAT is holder rewards. The project data describes a permanent 3% tax on ZCAT trades and transfers. The fees collected are used to generate rewards in Zcash, and those rewards are distributed in proportion to eligible holders. Per the project description, rewards are airdropped directly to holder wallets, so holders do not need to stake, claim or connect a wallet to receive them. The amount distributed depends on how much trading and transfer activity happens, and it is not a fixed or guaranteed yield. Because the tax applies to transfers as well as trades, moving tokens between your own wallets is also subject to it. Beyond the reward mechanism and speculation on price, the project does not describe any other use for the token.

As of 2026-11-05, the project data gives a price of about $0.0244 and a market capitalisation of about $23.5 million, which ranks around 762nd among tracked tokens. Trading volume over the past 24 hours was about $1.6 million. The circulating supply is about 966 million tokens, equal to the total supply, against a stated maximum of 1 billion. Over the past seven days the price fell about 43 percent. The all-time high was about $0.176, recorded on 2026-09-07, and the all-time low was about $0.0192, recorded on 2026-11-03. No one-year price change is available in the data. These figures change constantly and are shown only as a snapshot. They are not a forecast, and they should not be read as a signal to buy or sell.

ZCAT carries several risks. As a meme coin, its price can move sharply in both directions, as the recent drop from its September high shows. The project data lists no published team, so there is no public party to hold accountable for execution or communication. The 3% tax is permanent, which reduces the value of trades and transfers for holders. The size of the ZEC rewards depends on trading activity and on the price of ZEC, so rewards can shrink if activity falls. Trading volume can also drop quickly, which can make it harder to exit a position at a fair price. Smart contract and token design risks exist for any Solana token, and copycat tokens with similar names are common. Tokens listed on decentralised exchanges are not vetted in the way regulated assets are.

Anyone holding ZCAT needs a self-custody wallet that supports Solana tokens. Before buying, confirm the token's contract address from the project's own information rather than from public reporting or unsolicited messages, because lookalike tokens are a known problem. Never share your seed phrase or private keys with anyone, including people who claim to offer support. Some people test a small transfer first to confirm the address and the fees before moving a larger amount. Keep records of your transactions, since the tax and any reward payments affect your position. Be aware that the reward airdrops arrive automatically, so unexpected tokens or messages in your wallet may be scams and should be treated with caution. This explainer is for research purposes and is not financial advice.