ME News message, September 29 (UTC+8). According to GMGN market data, the Ethereum ecosystem meme coin ZC (zipcoin) briefly surpassed a market cap of $20 million, jumping more than 41x within the day. It is currently trading at $17.5 million, with a trading volume of $6.6 million. The narrative of ZC (zipcoin) comes from the fictional currency in the novel *Snowmoon* by Ethereum co-founder Vitalik Buterin. It is designed as an on-chain currency that enables “anonymous payments, burning to make a sound, and real-time taxation,” aiming to bring the concepts from the novel into a real blockchain. BlockBeats reminds users that meme coins often lack practical use cases and can experience large price fluctuations; investors should exercise caution. (Source: ME)