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Cryptocurrency News Articles

Catslap Rival $SLAP Sent the Bulls Charging With Announcement of a $1M Token Burn

Jan 07, 2025 at 03:59 am

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.

Catslap Rival $SLAP Sent the Bulls Charging With Announcement of a $1M Token Burn

Popcat rival Catslap ($SLAP) announced on January 31 that it will be burning $1 million worth of its tokens.

The announcement is sure to provide further momentum to the token’s price, which has risen by 42% over the past seven days.

By contrast, Popcat has only managed to gain just 13.3% in the same period, as investors appear to be rotating into newer coins with greater ROI potential.

Catslap is also outperforming fellow cat coins like Popcat, MEW and Simon’s Cat, with $SLAP 24-hour trading volume having soared to $568k.

Listen up slappers. $1M burn is coming. We’re about to make history

Jan 31st. Be there or get slapped

$SLAP Price Outlook: Bulls Target 349% Eruption

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, putting paid to any concerns about rug pulls.

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 Market Soars, And Meme Coins Like Catslap Offer Huge Upside

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.

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).

Top 10 Winners Share $100,000, Runners-Up Also Win $SLAP

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 join the Zealy quests you must:

Buy Catslap ($SLAP) On Best Wallet Now

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

News source:insidebitcoins.com

Disclaimer:info@kdj.com

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Other articles published on Jan 08, 2025