After the success of Popcat, could Catslap be the next $1 billion cat-themed meme coin?
The $SLAP token price has skyrocketed in value 86% today and 143% in the last seven days and reclaimed $0.006 after attracting the interest not just of legions of retail investors and Slap-to-Earn players, but of professional traders and trading firms too.
Catslap has broken through the $50 million fully diluted market capitalization barrier to touch $53.9 million, as the price seeks to retest its previous all-time high at $0.0069 on its way to a $100 million market cap.
With better utility than either Popcat or Pepe and a market reach that is growing every minute of the day, the price could easily kill a zero in the next few hours, spurred on by a soon-to-be-announced exchange listing.
The Catslap community has exploded to 2,805 members on Telegram and 10,500 followers on X.
Catslap FOMO frenzy as exchange listing looms and whales buy
FOMO is picking up as the homepage countdown shows that there are only two days to go before the project makes a ‘major announcement’, which will reveal a centralized exchange listing for $SLAP.
At the moment $SLAP can only be bought on a decentralized exchange such as Uniswap or directly from the Catslap website, or via a partnership with new crypto wallet Best Wallet.
For $SLAP the timing of the price breakout couldn’t be better, as the CEX announcement looms. There’s nothing exchanges like better than surging trading volume, which has doubled in the past 24 hours to $2.57 million. Meanwhile, the number of token holders has accelerated to 10,960, according to blockchain explorer Etherscan.
Feverish online speculation about the identity of the first centralized exchange to list $SLAP continues. Venues such as Binance, Coinbase and OKX are in play but there is no indication from the team as to which CEX has won first listing rights for the No.2 trending token on DEXTools.
Catslap is even trending at No.3 on CoinGecko and has broken into the top 900 tokens, as can be seen below.
Catslap has also broken into the top 1,000 coins on CoinGecko:
Catslap has become a global phenomenon for both players and investors. Alongside the US-based trading firms now entering the market – Jump Trading is understood to be behind a series of colossal purchases worth more than $500,000 in total – Asian whales have also become especially active.
For instance, one whale wallet holding coins valued at $1.25 million, holds $20k worth of $SLAP. The address holds 57 tokens with balances of more than $1,000 and $SLAP is its 16th-largest holding. The entry price for the holding is $0.005518 for a total purchase of 3,751,185 $SLAP tokens at a current value of $20,699.38.
There are many more whales with similar balances, suggesting the pricing momentum behind $SLAP will only get stronger from here.
100 million slap milestone triggers latest burn event – this time valued at $607,700
There is nothing else quite like Catslap on the market, where users are rewarded for clicking in a game that is the easiest ever to onboard. There’s no messing around in Telegram. Simply head over to the Catslap website, connect your wallet and start clicking on the character of your choice. You can now choose from one of three slap victim characters.
You can slap without connecting your wallet too, in which case the slaps count towards the global total but they will not be collated into an individual tally. In other words, all slaps, whether using the Slap-to-Earn system or not, go towards the grand total recorded by the Slapometer.
When the Slapometer reaches certain milestones, the team burns $SLAP tokens. So far there have been token burns initiated at 10 million, 25 million, and today after reaching the 100 million slaps milestone. The 100m token burn value was a significant $607,700 – the biggest burn transaction so far – and the transaction can be viewed on Etherscan.
The value of burned tokens is now $912,509 – a total that includes the burned tokens from those who have opted to stake their tokens but have unlocked them early.
Add to the burns the token buybacks the project is conducting at 20-minute intervals in the open market valued at $350,000, and the combined price-supportive total is in excess of $1.25 million.
Slap-to-Earn incentives tease major rewards for catslappers
Catslap’s surprise focus on creating a competitive and engaging slapping game on top of an already 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 to receive a windfall for their efforts.
To see who is at the top of the leaderboard – or rather what their wallet addresses are – click on the Slapometer to open the leaderboards – there is one that breaks down the slaps by country and the other for individual user rankings.
Such is the viral success of the clicker game that it has already started to attract players who are using mechanical assistance. The clever software the team uses to detect users deploying clicker machines penalizes them to keep things fair.
Demand for clicker machines took off around viral hits Notcoin and Hamster Kombat. It looks like Catslap is playing its own part in spurring on that particular cottage industry – another sign of the stunning achievement of this Slap-to-Earn viral breakout.
Life-changing ROI in store if and when Catslap does a Popcat
Popcat made a return on investment of around 600x for early buyers. $1,000 put into $SLAP when it listed 11 days ago could be turned into $600,000 if it performs in line with Popcat. However, given its superior utility and savvy marketing, there is every reason to be confident that Catslap could end up being an even bigger hitter than Popcat.
Crypto Gains YouTube channel with 139k subscribers thinks Catslap could “explode massively” with 100x gains, but as always, do your own research.
Those with a longer-term outlook on Catslap can buy and stake $SLAP using Web3 crypto wallet Best Wallet. Go to the ‘Upcoming Tokens’ section to make your purchase using ETH, USDT or card.
Staking $SLAP tokens earns a 40%-a-year return on your deposit. The minimum stake period is seven days. All stakes are locked for seven days, but 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. Download Best Wallet here: Google Play or Apple App Store.
Prospective $SLAP holders can also purchase tokens by visiting the Catslap homepage (beware of fraudulent websites), where there is an exchange widget.
Catslap is fully audited by SolidProof,has 99% on DEXtools, and has over $5 million in locked liquidity on-chain so there’s zero chance of a rugpull.
Our aggressive feline Catslap is lining up to be the next $1 billion meme coin. Don’t miss this purrfect opportunity as cat meme season takes off.
This articles is written by : Nermeen Nabil Khear Abdelmalak
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