Meme coins on Solana have finally stopped pretending and are openly playing the dividend game: ZCAT, the cat wearing a paper bag, takes a 3% tax on every transfer, converts it into $ZEC , and automatically airdrops it to holders. In its first week, it distributed 2,320 ZEC, worth $2.8 million, and its market cap peaked at $170 million. Even copycats on the $SOL chain jumped on the bandwagon.
Don't applaud just yet: every cent of these dividends comes from trading taxes paid by later buyers. When trading volume stops, the dividends vanish immediately—and copycats SAPLING, MOMO, and SHIELD have already led the way down, shedding 58% to 89% in a week.
The comments are at war: is this meme coins evolving a new gimmick, or a Ponzi scheme dressed up in a privacy narrative? Pick a side.
$ZEC $SOL #meme #Zcash
Don't applaud just yet: every cent of these dividends comes from trading taxes paid by later buyers. When trading volume stops, the dividends vanish immediately—and copycats SAPLING, MOMO, and SHIELD have already led the way down, shedding 58% to 89% in a week.
The comments are at war: is this meme coins evolving a new gimmick, or a Ponzi scheme dressed up in a privacy narrative? Pick a side.
$ZEC $SOL #meme #Zcash