Meme Coin Catslap to Burn $1 Million in Tokens on Friday December 20th, SLAP Price Rise Incoming
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The Catslap ($SLAP) price is set to climb as Season 1 of the Slap-to-Earn and Zealy quests airdrop campaign pulls in the crowds and the team announces a $1 million token burn.
According to a Catslap X post, this enormous burn will take place tomorrow (Friday, December 20th). It has also been announced that Slap-to-Earn Season 1 will end on January 10, 2025.
The burn dashboard shows 140 million $SLAP tokens have been removed from the supply to date, valued at $594,436. The team has now committed to burning a further $1,000,000 worth of tokens.
Also helping to support the $SLAP price is the buyback program. Buybacks take place every 20 minutes and have racked up a total value of $529,487 (124 million $SLAP tokens).
Earlier, the $SLAP token price was trending higher at $0.0468, up 7.5% so far today, despite the dislocation in the crypto markets following the Fed’s hawkish statements on inflation and the possible end to rate cuts sooner than risk markets were expecting.
$100,000 up for grabs, plus everyone gets a piece of the $SLAP airdrop action
Catslap community engagement in slapping and quests has 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 airdropped $SLAP tokens proportionate to their leaderboard position, making everyone a winner. The number of slaps recorded by the Slapometer has blasted past 1 billion, at pixel time, totaling 1.161 billion.
The Zealy Community Slapdrop Campaign introduced an additional leaderboard to record the Zealy slapping activities, so that’s in addition to the country and user leaderboards the community was already familiar with.
As of yesterday, slappers had smashed out 11,000 quests to take the slaps through the 1 billion slaps threshold.
All tasks and slaps contribute to the overall score for the Slapdrop.
As part of the blending of the slapping on-site and on Zealy there is a special XP/SLAP exchange rate: 1 XP on Zealy = 1,000 slaps on the website.
This is the current state of play on the Zealy leaderboard:
And here’s the state of play for the top wallet addresses in the Slap-to-Earn rankings on the website leaderboard:
To be eligible for the Zealy quests:
- Hold $SLAP
- Complete the ‘Best Wallet address’ quest on Zealy (find it under the “Start Slappin'” section)
According to a Telegram post update, because the team at Catslap will need to verify all submitted addresses to ensure they’re created with Best Wallet, reviews may take some time.
YouTuber ClayBro with an audience of 134k, and who describes himself as a Catslap whale, is one of those expecting a price boost from today’s announcement.
Here’s where to buy Catslap ($SLAP)
Liquidity in the token remains extremely healthy at $4.8 million, with 54% locked for six months in an indication of the team’s commitment to the project’s longevity. There are now more than 20,000 token holders in non-custodial wallets.
You can buy $SLAP on MEXC, Best Wallet, directly via the exchange widget on the Catslap website and on Uniswap DEX.
Catslap is audited by SolidProof, and has a 99% project reliability score on DEXtools.
Now could be a good time to get into position for the $1 million $SLAP burn.
Join the Catslap community on X (formerly Twitter) and Telegram to stay up to date with the next Popcat.
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