A single Solana wallet has delivered one of the more striking memecoin runs of the year in the form of ZCAT.
According to Arkham Intelligence, trader 3Tmif put $30.2K into ZCAT the day after its launch, when the token sat at a $242K market cap, and has never sold a single token.
Looking at the current valuation, that position now sits near $2.35 million. At the ZCAT high, the same stack briefly reached $5.31 million.
Even after the pullback, the return still stands at roughly 78 times the original capital.
What Exactly Is ZCAT?
ZCAT, short for Anonymous Cat, is a Solana-based meme token launched on the StonkFun platform.
It trades primarily against ZEC and carries a permanent 3% transfer tax.
Those fees automatically convert into Zcash and airdrop to eligible holders who keep at least about $20 worth of ZCAT.
No staking or claiming is required; the ZEC simply arrives in the wallet.
In short, the token blends classic meme culture with a direct reward link to the privacy coin narrative.
How Did This Trader Capture Such a Large Gain?
The wallet entered right after launch at an extremely low valuation.
From there, the token climbed rapidly as trading volume rose and the ZEC reward mechanism attracted attention.
Meanwhile, the broader Zcash price rally added fuel. Beyond the initial entry, the decision to hold through the entire move — never trimming even at the $5.31 million peak — locked in the full upside.
At this stage, the position remains fully intact and continues to receive whatever ZEC airdrops the tax mechanism produces.
Why Does This Trade Stand Out Among Meme-Coin Stories?
Most early buyers either exit quickly or get shaken out during volatility. This wallet did neither.
Looking closer at the on-chain record, the original $30.2K purchase has simply sat there while market capitalisation swung from under $250K to a multi-hundred-million peak and then settled lower.
Next, the automatic ZEC rewards have continued to flow into the same address, adding a secondary stream of value on top of the pure price appreciation.
Still, meme tokens remain highly speculative. The 78x return illustrates both the upside available to early holders and the extreme swings that follow.
For anyone watching Solana memes or privacy-adjacent narratives, the 3Tmif wallet offers a clear case study in patience meeting timing.
