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Cryptocurrency News Articles
CatSlap: The Next Mog Coin or Popcat Has Surged by 1,835%
Nov 23, 2024 at 12:52 am
While Mog Coin pulls a 32% gain, this new cat-themed meme coin is outpacing it with a 1,835% pump while still in its early days.
A new cat-themed meme coin has hit the scene with a bang, outpacing Mog Coin's 32% gain with an impressive 1,835% pump in just two days.
While Mog Coin is up 32% in 24 hours, adding nearly $300 million to its market cap and ranking among the top performers in the top 100 cryptos by market capitalization, another new meme coin is outpacing it by a long shot.
CatSlap is a fair-launch token that went straight to DEXs on Thursday and quickly found high demand. Being among the early discoverers of CatSlap provides a unique advantage.
It’s more than a standard meme coin. Through “CatSlap Slopmetre,” they’ve created a gamified experience, instilling a fun way for the community to interact with the project.
Meme coins have outperformed other narratives this cycle, and the cat-themed sub-sector has been one of the best performers. Leading the way are POPCAT, MOG, and MEW – but now there’s a new feline hungry for big gains.
The CatSlap devs are pro
It’s less than 48 hours old but already trending online. Clearly, this isn’t the CatSlap team’s first rodeo.
There are even rumors that the Dogwifhat team is behind SLAP, seeking a way to diversify from the saturated dog token narrative.
And it’s clear that the team knows exactly what they’re doing. They’ve already inked a partnership with Best Wallet to list on the app’s ‘Upcoming Tokens’ feature, making it available for over 60,000 users.
There will also be a big marketing push, with numerous high-profile KOLs and influencers on board, aiming to help get SLAP listed on bluechip exchanges like Binance, Coinbase, and Robinhood.
The meme coin market is at a fever pitch right now, with $34 billion in 24-hour trading volume. This tells us that meme tokens are no longer a joke – they’re some of the most in-demand crypto assets – besides Bitcoin, of course.
And talking of Bitcoin, the market leader is just whiskers away from smashing the $100k mark for the first time in history. That’ll draw even more attention from mainstream media, which will potentially attract millions of new investors to the industry.
There’s no better time for CatSlap to launch.
CatSlap volume is close to $7 million
Even though it launched less than 48 hours ago, CatSlap has already racked up $6.9 million in 24-hour trading volume.
For perspective, that’s over 4% of market leader Popcat’s 24-hour volume, and that’s been trading for almost a year.
CatSlap has a $22 million market cap, which is less than 2% of Popcat’s. This means that CatSlap offers a much better opportunity right now. And it’s just the beginning. If CatSlap keeps growing, it has room for a 75x to catch Popcat’s market cap. Never mind catching the extra growth that Popcat and other top cat coins will see looking ahead.
At the time of writing, Mog Coin was carrying the torch among large-cap cat coins, pumping by 32% in 24 hours and adding almost $300 million to its market cap.
This also made Mog Coin rank among the best performers in the top 100 cryptos by market cap. Clearly, traders are hungry for cat coins, and that’s also why SLAP is going up.
Frog and Dog meme coins are great, but the cat coin sector could be where the big opportunity is right now. Leading players like POPCAT, MOG, and MEW have all soared this year. That means eyes will be on CatSlap in the coming months.
The first tier-1 exchange listing SLAP: Coinbase, Binance, or Robinhood
With the bull market upon us, tier-1 exchanges are in an arms race to list meme coins, aiming to attract millions of new retail users.
Coinbase and Robinhood listed Pepe this month, and Binance has opted for lower market cap plays, such as Peanut the Squirrel and Act AI: The AI Prophecy.
It remains to be seen which exchange snaps CatSlap up first – but with its price and trading volume soaring, these listings might come quickly.
The website also says a “major announcement” is coming in 13 days, with early investors hoping for a high-profile exchange listing.
CatSlap allocates 10% of supply to airdrop
Hamster Kombat attracted hundreds of millions of users to its Play-to-Earn ecosystem with a huge airdrop giveaway.
But now – with the meme coin supercycle underway
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