Catslap $1 Million Burn News Fires Up Bulls, SLAP Price Up 42% in 7 Days Beats Popcat on 13.3%
We believe in full transparency with our readers. Some of our content includes affiliate links, and we may earn a commission through these partnerships. However, this potential compensation never influences our analysis, opinions, or reviews. Our editorial content is created independently of our marketing partnerships, and our ratings are based solely on our established evaluation criteria. Read More
Why Trust Cryptonews
Popcat challenger Catslap ($SLAP) has got the bulls charging after announcing a $1 million burn taking place on January 31.
The burn is sure to blow even more wind into the sails of the token’s price momentum, which has led to it surging 42% higher over the past seven days.
By contrast, Popcat has only managed to gain just 13.3% in the same period, as the smart money rotates into the newer coins with greater ROI potential.
In fact Catslap is outperforming fellow cat coins like Popcat, MEW and Simon’s Cat, with $SLAP 24-hour trading volume accelerating to $568k.
Bulls target a 349% $SLAP price explosion
Bulls are now eyeing a move from $0.00304 back to the all-time high of $0.00946 reached on December 4, which would entail a price hike of 349%.
Putting the cat among the pigeons is the realization that Season 1 of the Catslap airdrop ends in four days’ time.
You can get involved in the campaign by slapping on the website and signing up for the Zealy quests.
The Slapdrop will involve a giveaway of $10k USDT each to the top 10 contestants, with the remaining community of runners-up receiving an airdrop.
There are now more than 21,000 $SLAP token holders and a combined social following totaling 15.7k. Catslap was only listed on DEXs on November 21, 2024.
Deep liquidity in the SLAP/WETH trading pair of $4.3 million is also keeping traders happy, with 54% of it locked for six months, so there’s no need to worry about rug pulls as far as this project is concerned.
In that short space of time, the number of website slaps has mushroomed to 2.473 billion as the fun and irreverence of the Slap-to-Earn protocol catches on around the globe.
Below you can see the Slap-to-Earn rankings on the current website leaderboard:
Crypto is flying and meme coins like Catslap are where the money is to be made
With bitcoin back above $100k printing $102,408 at the time of writing and Donald Trump’s election to the presidency being certified by Congress today, crypto has got a spring in its step to start the year.
As investors rebalance their portfolios for what could be the most momentous year ever for crypto, meme coins like Catslap, thanks to its unique Slap-to-Earn protocol, are poised to take a great leap forward.
Meme coins are collectively valued at $131 billion, according to CoinGecko and daily trading volume is $12.1 billion.
Altseason is about to explode and much of the new money will be looking at the meme coin space for mega returns on investment.
$SLAP has already served up returns in excess of 3,000% for early investors and its latest burn news shows it means to use every lever in its toolbox to pump the price and reward its community.
The burn program to date is worth $1.52 million after the removal of 466,540,797 $SLAP from the supply. Adding another $1 million to the incinerator is sure to help light a fire under the token price.
As well as price-supportive burning, the team has an ongoing buyback program.
The token buybacks take place every 20 minutes in the open market and have racked up a total value of $918,798 (280,998,380 $SLAP tokens).
$100,000 for top 10 while runners-up feast on $SLAP rewards
Catslap community slapping and quests have rocketed, helped by the prospect of being among the top 10 on the leaderboard sharing the $100,000 prize pool.
Runners-up on the leaderboard will receive $SLAP tokens proportionate to their leaderboard position, making everyone a winner.
The Zealy Community Slapdrop Campaign has introduced an additional leaderboard to record the Zealy slaps. All tasks and slaps contribute to the overall score for the Slapdrop.
To be eligible for the Zealy quests:
- Hold $SLAP
- Complete the ‘Best Wallet address’ quest on Zealy (find it under the “Start Slappin'” section)
You can buy Catslap ($SLAP) on Best Wallet today
You can buy $SLAP on the trusted and easy-to-use innovative Web3 wallet Best Wallet.
If you don’t already have the wallet app, you can download it from Google Play or the Apple App Store to get started.
$SLAP is also listed on MEXC centralized exchange and through the exchange widget on the Catslap website. And of course there is also the Uniswap DEX.
Catslap is audited by SolidProof and has a 99% project reliability score on DEXtools.
Join the Catslap community on X and Telegram to stay up to date with the next Popcat.
Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.- How Tether Co-Founder William Quigley Views Crypto Regulations in Trump’s Second Term
- Trump Appoints PayPal Veteran David Sacks as ‘White House AI and Crypto Czar’
- Could This Be the Catalyst XRP Bulls Were Waiting For? Legal Deal Nears Final Approval
- Ripple Settles With SEC: Pays $50M, Case Nears Conclusion
- Best Meme Coins to Buy Today – 100x Incoming?
Best Bitcoin & Crypto Wallet
More Articles
in numbers
