[Ansem: ZCAT can serve as an alternative way to participate in ZEC market trends, but spot trading carries higher risks] BlockBeats news, September 13, crypto trader Ansem posted that the Solana ecosystem meme coin ZCAT has caught his attention and can be considered an alternative trading method to engage with ZEC market trends. ZCAT forms a trading pair with ZEC and funds its reward mechanism through a 3% token transfer tax. Relevant ZEC rewards are directly distributed to eligible ZCAT holders, allowing on-chain speculators to gain exposure to the Zcash narrative. Ansem also pointed out that the transfer tax increases trading friction, which is the primary trade-off of this mechanism; he finds the design interesting but considers it a high-risk spot trading option. [Original link]