The $SLAP Token Price Is Poised to Surge, Driven by a $1M Token Burn and the Momentum Behind Season 1 of Its Slap-to-Earn and Zealy Quests Airdrop Campaign

The Catslap ($SLAP) price is poised to surge, driven by a $1 million token burn and the momentum behind Season 1 of its Slap-to-Earn and Zealy quests airdrop campaign.

The price of Catslap ($SLAP) is set to surge following a $1 million token burn and the momentum behind Season 1 of its Slap-to-Earn and Zealy quests airdrop campaign.

According to a Catslap X post, this huge burn will take place tomorrow (Friday, December 20th). It has also been announced that Slap-to-Earn Season 1 will end on January 10, 2025.

The burn dashboard shows 140 million $SLAP tokens have been removed from the supply to date, valued at $594,436. The team has now committed to burning a further $1,000,000 worth of tokens.

Also helping to support the $SLAP price is the buyback program. Buybacks take place every 20 minutes and have racked up a total value of $529,487 (124 million $SLAP tokens).

Earlier, the $SLAP token price was trending higher at $0.0468, up 7.5% so far today, despite the dislocation in the crypto markets following the Fed’s hawkish statements on inflation and the possible end to rate cuts sooner than risk markets were expecting.