ZC Market capitalization briefly surpassed 17000000 USD before retreating to approximately 12050000 USD, up more than 20 x intraday
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AT A GLANCE
ZC Market capitalization briefly surpassed 17000000 USD before being quoted at 12050000 USD, up more than 20 x intraday.
Article
Ethereum ecosystem Meme coin ZC market capitalization briefly surpassed 17000000 USD, up more than 20 x intraday
BlockBeats reports that September 29, according to GMGN market data, the Ethereum ecosystem Meme coin ZC(zipcoin) briefly saw its market capitalization surpass 17000000 USD, up more than 20 x intraday, currently quoted at 12050000 USD。
ZC(zipcoin) draws its narrative from a 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 concepts 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/369445
Key points
01
September 29, BlockBeats cited GMGN market data, stating that ZC(zipcoin) briefly saw its market capitalization surpass 17000000 USD。
02
At the time of publication,ZC market capitalization was quoted at 12050000 USD, up more than 20 x intraday.
03
ZC's narrative derives from a fictional currency in Vitalik Buterin's novel "Snowmoon."
04
The article states that ZC was designed as an on-chain currency featuring "anonymous payments, burn-to-speak, and real-time taxation."
05
BlockBeats cautions 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 an Ethereum ecosystem Meme coin. Reports indicate that its market capitalization rose rapidly within 1 days, briefly exceeding 17000000 USD, before being quoted at 12050000 USD. The project attempts to bring the fictional currency concept from "Snowmoon" onto the blockchain.
Why it matters to readers
Market capitalization rose sharply for a short period and retreated from its peak, reflecting ZC's significant price and market capitalization volatility. For observers, the current information primarily reflects short-term market activity and the novel's narrative.
Beginners should understand an "intraday gain of more than 20 x" as a signal of high volatility, rather than a guarantee of further gains; the article also explicitly cautions that Meme coins generally have no practical use cases and that investment requires caution.
Risks and unknowns
The original article only states that the data came from GMGN, and does not provide independent market screenshots or on-chain data; the relevant market capitalization and gains have not been independently verified.
The article does not provide information on trading volume, liquidity, or token holder concentration.
ZC The original article does not state whether the described on-chain currency functions have been implemented.
The original article cannot confirm whether the project has practical use cases independent of the novel's narrative.
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Meme Coins
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