Zipcoin, the currency of a fictional country, passed $20 million
The currency of a nation that does not exist passed $20 million and ran 41 times in a day.
$ZC passed a $20 million market cap on September 29[1]. It rose more than 41 times that day before the tape showed $15.04 million[1]. GMGN read the same session at about $14.34 million on the way down[2].
The token appeared on-chain after Vitalik Buterin released Snowmoon[3]. The novel’s fictional nation of Veridia uses zipcoin as its currency[4].
Traders built separate tokens from the book’s title, currency and AI assistant: SNOWMOON, ZC and EMERALD[5].
After ZC launched on STOCKER, that token rose about 10 times and sat at about $7 million at one point[6].
The fill came after the 41 times, for the currency of a nation that does not exist[1]. Snowmoon is free to read; nothing in it prices STOCKER at $7 million[6][4].
Who gains, who loses
Receipts
On September 29, 2026, Ethereum meme coin ZC (zipcoin) briefly exceeded a $20 million market capitalization and rose more than 41 times intraday; its market cap was then reported at $15.04 million.
“TechFlow reports that on September 29, according to GMGN data, the market cap of $ZC (zipcoin) on Ethereum surpassed $20 million, surging over 41 times in the past 24 hours, currently standing at $15.04 million.”
GMGN data reported that ZC briefly reached a $20.89 million market capitalization before falling to approximately $14.34 million.
“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…”
After Vitalik Buterin released Snowmoon, the ZC concept token appeared on-chain.
“Odaily News: After Vitalik Buterin released his open-source novel "Snowmoon," a same-name concept token $ZC (Zipcoin) appeared on-chain.”
ZC drew inspiration from Vitalik Buterin's open-source science-fiction novel Snowmoon, in which the fictional nation of Veridia uses zipcoin as its currency.
“$ZC draws inspiration from the open-source science fiction novel "Snowmoon" by Vitalik. The fictional nation of Veridia uses zipcoin as its currency.”
Traders created separate tokens named SNOWMOON, ZC, and EMERALD based on elements of Snowmoon, including its title, currency, and AI assistant.
“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, STOCKER rose approximately 10 times at one point.
“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.”
Cabal Desk is reporting, written with AI under human oversight. Every bracketed number opens its receipt: the source, the quoted span, the hash. Headlines and characterisations are commentary; the sourced facts are the receipts. Not investment advice. Corrections log. Editorial & legal.