Odaily reported that Vitalik Buterin, the founder of Ethereum, released an open-source novel 'Snowmoon,' and a token ZC, based on concepts appearing in the work, experienced a short-term surge. According to GMGN data, ZC's market cap once reached $20.89 million before falling to approximately $14.34 million. The intra-day increase once exceeded 41 times. Some traders issued tokens such as SNOWMOON, ZC, and EMERALD, based on elements from the novel, including its title, currency, and AI assistant.