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Cryptocurrency News Articles

Catslap ($SLAP) Surges 165% with Its Unique Slap-to-Earn Game, Whale Investments, and Upcoming Exchange Listing. Could This Be the Next Billion-Dollar Cat Coin?

Dec 06, 2024 at 06:15 am

After Popcat's huge success, could Catslap be the next cat-themed meme coin to hit a $1 billion market cap?

Catslap ($SLAP) Surges 165% with Its Unique Slap-to-Earn Game, Whale Investments, and Upcoming Exchange Listing. Could This Be the Next Billion-Dollar Cat Coin?

Catslap ($SLAP) has surged over 165% in the past week, reclaiming the $0.0065 price level. Notably, the token’s price breakout is coinciding with a surge in trading volume, which has doubled to reach $2.6 million over the past 24 hours.

According to Etherscan data, the number of $SLAP token holders has also rapidly increased, reaching nearly 11,000 addresses. The upcoming major announcement, which is expected to be a centralized exchange listing for $SLAP, has sparked a fear of missing out (FOMO) among traders.

Currently, $SLAP can only be purchased on decentralized exchanges (DEXs) like Uniswap or directly from the Catslap website, via a partnership with Best Wallet. The timing of the price breakout couldn’t be better, setting the stage for a strong performance following the exchange listing.

As the homepage countdown nears its end with only 20 hours remaining, anticipation is building for the big announcement. Speculation is rife regarding which exchange will secure the listing, with names like Binance, Coinbase, and OKX being mentioned, although the team has remained tight-lipped.

Catslap is currently trending at No.2 on DEXTools, No.3 on CoinGecko, and has broken into the top 900 tokens. The project has also attracted the attention of whales and large trading firms, with some purchasing over $500,000 worth of $SLAP.

For instance, one whale wallet, which holds coins valued at $1.25 million, has allocated $20,000 to $SLAP. The address holds 57 tokens with balances over $1,000, and $SLAP is its 16th-largest holding.

Moreover, several other whales are holding similar amounts of $SLAP, indicating that the momentum behind the token is only gathering strength.

There’s nothing quite like Catslap on the market, where users are rewarded for clicking in a game that’s super easy to join. Head over to the Catslap website, connect your wallet, and start clicking on your chosen character—you now have three slap victim characters to choose from.

You can slap without connecting your wallet too, but those slaps won’t count towards your personal tally, though they do contribute to the global count.

When the Slapometer reaches certain milestones, the team burns $SLAP tokens. So far, burns have been initiated at 10 million, 25 million, and now after reaching the 100 million slaps milestone. The 100 million token burn was significant, valued at over $600,000, and the transaction can be viewed on Etherscan.

The total value of burned tokens is now over $900,000, including tokens from those who staked but unlocked early.

Catslap’s focus on creating an engaging slapping game on top of a popular cat narrative could be the catalyst that propels the project even higher.

Users must hold $SLAP tokens and connect their wallet to the Catslap website to qualify for Slap-to-Earn rewards. Those who rank on the Slapometer can expect significant rewards for their efforts.

To see who’s leading, click on the Slapometer to open the leaderboards—there’s one that breaks down the slaps by country and another for individual user rankings.

The game’s viral success has already started attracting players using mechanical assistance. The team uses smart software to detect and penalize those deploying clicker machines to keep things fair.

Popcat made a return on investment of around 600x for early buyers. If Catslap performs similarly, $1,000 put into $SLAP when it listed 11 days ago could turn into $600,000. Given its superior utility and clever marketing, there’s every reason to believe Catslap could surpass Popcat.

Crypto Gains YouTube channel with 140k subscribers thinks Catslap could “explode massively” with potential 100x gains.

Those with a longer-term outlook on Catslap can buy and stake $SLAP tokens using Web3 crypto wallet Best Wallet.

Go to the ‘Upcoming Tokens’ section to make your purchase using ETH, USDT, or even a card. Staking $SLAP tokens earns a 40% annual return on your deposit. The minimum stake period is seven days. While all stakes are locked for seven days, you can unlock your tokens early by burning some of your staked balance.

More than 100,000 users have already installed Best Wallet, providing Catslap with a ready-made crypto-savvy audience.

Prospective $SLAP holders can also purchase tokens by visiting the Catslap homepage

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