Vitalik novel narrative Meme coin ZC briefly breaks through market cap 20000000 USD, rising more than 41 x intraday
BIBIBI
AT A GLANCE
According to data cited by BlockBeats from GMGN,ZC briefly broke through a market cap of 20000000 USD, rising more than 41 x intraday.
Article
Vitalik novel narrative Meme coin ZC briefly breaks through market cap 20000000 USD, rising more than 41 x intraday
BlockBeats reports that September 29, according to GMGN market data, the Ethereum ecosystem Meme coin ZC(zipcoin) briefly broke through a market cap of 20000000 USD, rising more than 41 x intraday, currently priced at 17500000 USD, with trading volume of 6600000 USD。
ZC(zipcoin)'s narrative originates from the fictional currency in Ethereum co-founder Vitalik Buterin's novel Snowmoon. It was designed as an on-chain currency featuring "anonymous payments, burn-to-speak, and real-time taxation," attempting to bring the novel's concept to a real blockchain.
BlockBeats reminds users that Meme coins generally have no practical use cases and are highly volatile; investment requires caution.
Original link https://m.theblockbeats.info/flash/369469
Key points
01
September 29, with BlockBeats citing GMGN market data as saying that the Ethereum ecosystem Meme coin ZC(zipcoin) briefly broke through a market cap of 20000000 USD。
02
The report states that ZC rose more than 41 x intraday, currently priced at 17500000 USD, with trading volume of 6600000 USD。
03
The report states that ZC's narrative originates from the fictional currency in Vitalik Buterin's novel Snowmoon.
04
The article says that ZC was designed as an on-chain currency featuring “anonymous payments, burn-to-speak, and real-time taxation.”
05
BlockBeats reminds users that Meme coins generally have no practical use cases and are highly volatile; investment requires caution.
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
ZC is a Meme coin that borrows a novel's setting as a narrative selling point. The market cap, gain, and trading volume reported reflect short-term trading activity, but do not indicate that the project already has a stable use case or long-term value.
Why it matters to readers
experienced a sharp rise and high trading volume within a short period, indicating that ZC quickly attracted market attention; at the same time, the sharp volatility means that its price may change rapidly.
Beginners should distinguish between “narrative popularity” and “practical use.” Rising more than 41 x intraday does not mean it will continue to rise afterward; trading such Meme coins involves significant volatility risk.
Risks and unknowns
The market figures come from GMGN data cited by BlockBeats; the original article did not include an independently verifiable market snapshot.
“Anonymous payments, burn-to-speak, and real-time taxation” are design goals described in the article; their actual implementation cannot be confirmed from the original text.
The original article does not explain the team, contract permissions, or verifiable use cases of ZC.
Meme coin prices are highly volatile, and the market cap and trading volume reported may have already changed.
Related Developments
Loading event timeline…
Related concepts
Market Capitalization
A metric for the total value of currently tradable tokens calculated at current prices.
Synonymous with trading volume, referring to the number of asset units traded within a given period; it may also be expressed by the traded asset or the quote currency.
