$ZCAT has now purchased $10,000,000 USD worth of zcash:native (zcash) in 20 days
ALL AIRDROPPED TO HOLDERS
Avg volume: 7-15m
Last cycle avg for a top SOL memecoin: 250m
Rates on holdings:
$1500/mo for holding 100k coins
$15,000/mo for holding 1m coins
$75,000/mo for holding 5m coins
ZCAT caught my attention as a different way to play the ZEC trade
- Solana meme paired with ZEC
- 3% transfer tax funds ZEC rewards
- rewards go directly to eligible holders
- gives onchain degens exposure to the Zcash narrative
- trading tax adds friction, so that's the main
solana:HcRLc9VDgjLeK154xDawfb1dmVJ98DoSqcwTHGqiDeJR UPDATE:
This is the final shakeout before $300M and beyond. Trust me when you see a coin this bullish and present on the TL, with a chart that looks like this, and bitcoin pushing higher, there is little doubt in my mind that we are witnessing a giant cup and handle pattern with a target about 2X the ATH price
BAG STAYS ON
Do you realize how much BUY PRESSURE would be put on zcash:native if solana:HcRLc9VDgjLeK154xDawfb1dmVJ98DoSqcwTHGqiDeJR was trading at 500m volume/day avg? (sol top memecoin avg last cycle)
$15,000,000 every. day.
Which coins did that last cycle?
goat, fart, ai16z, wif, bonk, spx, pengu, trump, pnut, moodeng + on sol ALONE
Doing a little bit of a data dive into the Stonk ecosystem flywheel and holder rewards.
- $ZEC holders on Solana have climbed to 85,642.
- 32,167 wallets have been rewarded ZEC by holding solana:HcRLc9VDgjLeK154xDawfb1dmVJ98DoSqcwTHGqiDeJR.
-18,188 wallets got their FIRST-EVER $ZEC via ZCAT and Stonk
@LaunchOnSF is helping grow your community on @solana
I’m VERY bullish on $ZEC and $ZCAT after watching @TaikiMaeda2 YT recently
He addressed a few points that stood out to me as seriously special:
• When an asset has been deemed dead for a lifetime suddenly breaks out on insane volume, that means the market just had a profound realisation
• Big players mentioned many times they don’t like BTC because of lack of privacy
I’ll add that “Privacy” is a fundamental human right, you cannot put a price tag on that therefore its value is immeasurable.
Not to mention the circle that’s backing it, with practically every notable voice in this space being bullish on ZEC
Then there’s the top 10 entry, ZEC entered the top 10 coins by market cap on HUGE volume
The market is literally SCREAMING at you that there’s something VERY special here
I wrote ZEC off for a long time but after seeing all of this, I’ll admit…
I AM STILL EXTREMELY SKEPTICAL
But I’m well aware that’s likely fear talking, not objective logic
Therefore I placed a huge position into $ZCAT as a high beta play to ZEC at 100M, I’m comfortable adding as we rise and pullback sequentially too
It’s important to have a high level of self awareness in this space
That way you know when something is real and when your emotions are fogging up your high-level decisions
TO ZILLIONS
The giant range on $ZCAT is FULL of big net whale accumulation
In the past 7 days, near $1.7M was bought up by whale wallets
Most sellers are from smaller retail wallets (dolphin group) with over $1.8M net sold in the same period
ZCAT looks great here bar any major correction
another example of this is $STONK, however, i believe it will be on an accelerated timeline, since the revenue figures, mechanics, etc are just too good to ignore.
there isnt another token on solana rn that u could say is a better contender to hit $1bn fdv rn.
positioned.
it goes:
ignored -> gains attention -> price discovery as ppl catch on -> consolidation after a big move -> fundamentals start to match, then surpass the attention it rcvd previously -> new ATHs
seen this movie before. nothing but $NET
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