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Cryptocurrency News Articles

Watch Out MOG: Catslap (SLAP) Price Tipped To Skyrocket Amid 10m Token Burn and GameFi Utility Rumor

Nov 29, 2024 at 01:01 am

Popcat rival Catslap ($SLAP), has burned 10 million tokens to mark 10 million slaps on the new cat-themed meme coin's Slapometer.

Watch Out MOG: Catslap (SLAP) Price Tipped To Skyrocket Amid 10m Token Burn and GameFi Utility Rumor

Catslap ($SLAP), a rival meme coin to Popcat, has burned 10 million tokens to mark 10 million slaps on the new cat-themed meme coin’s Slapometer.

Viral hit Catslap has rewarded its rapidly expanding community of token holders and players by removing 10,000,000 $SLAP tokens from its total supply, potentially increasing the value of the remaining circulating coins.

Following the move, the team has created a burned tokens dashboard where all past and future burn events will be logged. That means token holders can look forward to many more value-enhancing token burns as the Catslap Slapometer milestones take the project from strength to strength.

There’s no login or signup required to start slapping – just head to the Catslap Token homepage and start clicking on the image of Catslap slapping Pepe, but beware of fraudulent imitations.

Unlike competitor Popcat, with Catslap, each slap counts towards a country total that is used to create a global leaderboard. It’s a nice touch that is certainly getting clappers returning for more. The Catslap Slapometer now stands at 11.6 million.

We came, we slapped, we burned… A token burn sends tokens to an address without ‘send’ functionality, thereby removing them from the total supply. Click through to see the recent 10 million burn transaction ID.

https://twitter.com/CatSlapToken/status/1862074067823566984

An X post on Tuesday urged the community “to get ready for Slap-to-Earn”. More details will likely be forthcoming as part of the major announcement, for which a countdown is prominently displayed on the site.

Thanksgiving Day Rally Fires Up New Cat Meme Coin Catslap

Following the pullback in crypto prices at the beginning of the week and the subsequent recovery, the $SLAP price is well-poised for takeoff.

Catslap Token is trading in the $0.002257 region after reaching as high as 0.0034 yesterday (Wednesday 27th). The burn took place on Wednesday at 7:42pm UTC.

Volatility in the broader crypto market was led by bitcoin, which traded as low as $90.796 on Tuesday but has since consolidated at $95,000 after trading as high as $97,163.

The Thanksgiving holiday means financial markets are closed in the US, but crypto never sleeps, which could see an influx of trading activity running into Black Friday. A renewed push to the $100k level for Bitcoin would ignite the smoldering embers of the altcoin season, which saw the outperformance of top altcoins such as ETH and XRP against Bitcoin yesterday.

Low-cap meme coins like Catslap could be major beneficiaries of what could be an enormous holiday rally.

Rumors of a Major Announcement Fuel Investor Frenzy To Take Position In Breakout Meme Coin SLAP

The ‘major announcement’ by the Catslap team is only seven days away. Given the burn event that has just taken place and the new Slap-to-Earn features hinted at in the X post earlier this week, it begs the question – what will be communicated in the announcement?

Anticipation bolsters FOMO around Catslap as buyers flood in ahead of the big news.

Catslap has caught the attention of analysts and influencers across the crypto world. For instance, YouTuber Oscar Ramos has done an in-depth and honest review of Catslap for his 102k subscribers.

He trumpets the instant viral appeal of the Slapometer, which he is impressed by’s ability to start clicking-to-slap straight from the homepage, with sound effects included. Oscar says Catslap has the potential to be the next big cat meme coin.

Meanwhile, on X, @degenlife has been letting his 100k followers know that this is “the launch that everyone’s talking about”:

https://twitter.com/degenlifer/status/1859928258369945740

Analysts Predict That SLAP Price Could Blast 600X Higher: Could This Be The Quickest Way to Flip $1,000 Into $600K?

Catslap has 7,590 token holders as it continues broadening its market participants base. If you missed out on the 600x gains Popcat investors enjoyed, then Catslap could be your chance for outsized ROI. $1000 of $SLAP tokens bought today may be valued at $600,000 in the not-too-distant future.

Popcat is down 16.3% in the past seven days, contrasting with Catslap, which is up 1,8

News source:99bitcoins.com

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