Today's Top Discussion: After Vitalik's Novel Release, Same-Name Meme Coin $ZC Market Cap Briefly Surpasses $20 Million

Odaily News: After Vitalik Buterin released his open-source novel "Snowmoon," a same-name concept token $ZC (Zipcoin) appeared on-chain. GMGN data shows that $ZC's market cap briefly touched $20.89 million before falling back to approximately $14.34 million, with intraday gains at one point exceeding 41x; separate on-chain observations noted its market cap surpassed $15 million on the 29th.

Some traders created separate tokens such as $SNOWMOON, $ZC, and $EMERALD based on elements from the novel including the book title, currency, and AI assistant, sparking a rapid round of speculation around the text's worldbuilding.

After $ZC launched on STOCKER, it drove $STOCKER up approximately 10x at one point, with related observations noting its market cap at around $15 million, while $STOCKER was approximately $7 million.

Around the "Snowmoon" narrative, some have further speculated that Vitalik was "disguising" a privacy coin whitepaper within the novel