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Cryptocurrency News Articles

Catslap (SLAP) Will Burn $1 Million Worth Of Tokens At The End Of The Month

Jan 16, 2025 at 09:34 pm

The Slap-to-Earn Slapdrop leaderboard for cat-themed meme coin sensation Catslap (SLAP) is now live, and shows the top 10 winners who will each receive $10,000 USDT.

Catslap (SLAP) Will Burn $1 Million Worth Of Tokens At The End Of The Month

Follow the latest breaking news and洶涌澎湃的科技标题 with completely unbiased journalism.

Fresh from the press, a new batch of top 10 Slapdrop leaderboard winners will each receive $10,000 USDT in a grand prize payout. The transactions can be viewed in this wallet: https://etherscan.io/address/0x5D1a7B8b3Ff3f10A11eD674FE51bfbcE5e63Cea0#tokentxns

Participants who slapped in the web game, completed Zealy social quests and submitted their Best Wallet rewards wallet will start receiving their reward $SLAP tokens from 11am on Thursday 16 January.

The Slapdrop rewards tokens are linearly vested for 90 days, preventing immediate sell pressure, as seen with previous token airdrops like Hamster Kombat.

Check out the Slapdrop leaderboard to see where you stand:

Catslap Will Burn $1 Million Worth Of Tokens At The End Of The Month

The next major milestone for the Slap-to-Earn ecosystem is 31 January, when the project will burn another $1 million worth of $SLAP tokens.

According to the Catslap burn tracker dashboard, 466.5 million tokens valued at $1,160,147 have already been burned, in addition to the $1 million burn and the Slapdrop.

The Catslap team has been executing a buyback program in which tokens valued at $855,047 (347.8 million $SLAP) have been bought on the open market, providing further support for the token price.

Catslap also features a generous staking feature that enables those who deposit into the staking contract to earn returns of 30% a year. To date 584,652,231 $SLAP tokens have been staked.

$SLAP Poised To Undergo A Massive Surge Soon

As the pro-crypto Trump 2.0 administration comes into view, small-cap meme coins like Catslap will loom ever-larger on investor buy lists because of its viral chops and wide array of price-supportive mechanisms.

In a sign of its traction in the crypto space, Catslap now has more than 21,620 addresses holding its $SLAP tokens in self-custody wallets and a combined social following totaling 18,500. Catslap was listed on decentralized exchanges on November 21, 2024.

Fully diluted market cap sits at $19.53 million and liquidity in the SLAP/WETH trading pair is $3.4 million, of which 54% is locked for six months.

Catslap ($SLAP) is sitting on major support at $0.002128 and has every chance of bouncing from here with just two weeks to go before the next $1 million burn.

YouTuber ClayBro, with 134k subscribers, correctly predicted a price bump for $SLAP after the last big burn, so don’t miss out on the next price uplift.

Also, don’t forget that as the market positions for Trump 2.0, with Inauguration Day taking place on 20 January, it could herald the beginning of a gigantic altcoin season. As the latest apex predator to pounce, Catslap is set to eat the lunch of the likes of Popcat, MEW and Simon’s Cat.

Seize The Opportunity To Buy The $SLAP Dip And Become An Apex Predator

You can buy $SLAP on the trusted and 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.

As the most savvy investors know, identifying and then buying at key support levels is a profitable strategy and Catslap certainly fits like a glove at the current entry point.

With its burns, buybacks, staking, Slap-to-Earn protocol and its viral slap game, Catslap stands out from the crowd in the meme coin sector right now.

Currently priced at $0.00245 on the MEXC centralized exchange, $SLAP has returned +2,133% since launch – there’s every reason to expect more profits where they came from.

Join the Catslap community on X and Telegram to stay up to date with the Popcat killer.

Visit Catslap Token website

Disclaimer:info@kdj.com

The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!

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