Crypto Buzz: a “cat” memecoin pays rewards in Zcash as ZEC rallies

One of the more unusual stories to emerge from the crypto market involves a cat-themed memecoin that, according to CoinDesk, distributed roughly $2.8 million in Zcash to its holders while ZEC posted a strong week. The mechanism has attracted attention because it links the community of one speculative token with rewards denominated in another cryptocurrency. It is another example of how crypto projects experiment with incentives, narratives and community engagement. An attractive reward does not automatically make a project safe. Before interacting with little-known tokens, it is important to assess liquidity, smart-contract risk, token distribution, incentive sustainability and market risk. This is exactly the kind of story that belongs in Crypto Buzz: curious and innovative, but also a reminder to separate viral narratives from project fundamentals. Main source: CoinDesk, September 7, 2026. Educational content only; not financial advice.