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Cryptocurrency News Articles

Catslap (SLAP) Token Explodes With Activity As S1 of SlapDrop Approaches Its End

Jan 11, 2025 at 04:25 am

Catslap (SLAP), a popular new cat-based meme coin that launched in late 2024 and introduced a new viral game has recently seen a rapid price surge.

Catslap (SLAP) Token Explodes With Activity As S1 of SlapDrop Approaches Its End

Cat-based meme coin Catslap (SLAP) has seen a rapid price surge recently, as well as a lot of activity on its website, thanks to its viral slapping game.

The project has seen a constant rise since the start of the year, not only because it follows Bitcoin’s lead, but likely also due to the upcoming conclusion of its event.

What Made Catslap Explode With Activity?

Catslap has seen a lot of developments in the past month, starting with the introduction of its slapping game. This is a mini-game on its website where each click on the photo of a cat causes it to slap one of several entities, including Michael Jackson, Kamala Harris, Chris Rock, and Pepe the Frog.

The game became an instant hit, generating 10 million slaps in a day, and after the project introduced its slap-to-earn feature that lets you earn SLAP tokens from playing the game, the figure rose to 100 million slaps in only two more days.

It has been a month since then, and the number of slaps has exceeded 2.5 billion, while the project celebrated several milestones so far by burning SLAP tokens.

Along the way, Catslap also announced a major giveaway — a sort of airdrop called SlapDrop, which will reward the top 10 biggest slappers with 10k USDT each. The event will end in under three days now, and its community has truly doubled down on slapping, wishing to secure the spot among the top 10.

It is also worth noting that the project will also organize a separate airdrop for other community members, so even if you are not among the top 10, you should still keep playing the game, as you will still win your SLAP tokens.

Catslap Price Surges As S1 of SlapDrop Approaches Its End

As mentioned, the project’s price also saw a major surge too, going up over 40% in the past seven days, going from $0.002126 on January 1 to $0.003288 yesterday, from where it dropped to $0.0030, only to surge again to its current price of $0.003212. This rapid increase allowed it to outperform some of the leading cat meme coins, including Popcat, MEW, and Simon’s Cat.

The project also claims that it has reached over 21k token holders and that it burned 466.5 million SLAP tokens. In addition to that, another $1 million token burn is scheduled to take place on January 31, which could further help with the SLAP token’s price growth.

Right now, however, the project’s community is very excited about the SlapDrop finale, as it is bound to be extremely rewarding for those who have engaged with its game the most. But, keep in mind that this is only the end of Season 1, so there will be other opportunities to find yourself among the top slappers in the future. With that said, the sooner you begin, the further you will get with your own slap count.

All the SLAP you earn can also be withdrawn or staked on the project’s platform, which would allow you to earn even more from staking rewards. And, it is worth noting that the game is not only popular because you get to earn tokens, but also because it is extremely satisfying, especially since each slap is accompanied by a slapping sound.

News source:disruptafrica.com

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