Popcat Drops as Catslap Gains 22.3% in a Day – Will Major Listings Follow?

The cat-themed meme coin market is heating up as Popcat sees a 20% price decline over the past week, while newcomer Catslap ($SLAP) has skyrocketed by 22.3% in just the last 24 hours. Traders are flocking to this rising star, positioning it as the latest top cat in the meme coin scene.

In only its fourth day of trading, Catslap has already soared an impressive 4,044% since debuting on decentralized exchanges. Currently priced at $0.00538725, its meteoric rise contrasts sharply with Popcat, the largest cat coin by market cap, which has tumbled to $1.42, losing a fifth of its value this week.

While Popcat fights to stay relevant, Catslap ($SLAP) is dominating trading platforms, with buyers eager to chase 100x returns reminiscent of Popcat’s early success.

The SLAP/ETH trading pair has seen a remarkable surge in activity, with volume skyrocketing to $4 million. Catslap frequently appears among the hot pairs on DexTools and ranks as one of the top trending Ethereum-based coins on Dexscreener, further solidifying its position as the meme coin to watch.

Early Buyers Flock to Catslap ($SLAP): $500 Investment Could Hit $300K

Catslap has nearly 6,000 token holders as it continues to broaden its base of market participants. If you missed out on the 600x gains from investing in Popcat, then this is your chance to repeat or even better that return on investment. $500 slapped down on Catslap could be worth $300,000 or more. As the altcoin season begins, remember that it is still very early days.

The countdown clock on the Catslap homepage says that there are only nine days to go until the team makes what is described as a “major announcement”. Rumors are swirling that the news may point to a potential Binance listing or other Tier 1 centralized exchange launches, such as Coinbase or Robinhood, driving excitement among traders. In fact, Robinhood listed Dogwifhat (WIF) today, confirming the interest of top exchanges in the red-hot meme coin sector.

Meanwhile, the Catslap community celebrated today after CoinMarketCap listed $SLAP on the popular crypto data and analytics website. In addition to CMC, Catslap is listed on CoinGecko, underscoring the project’s veracity. Catslap’s smart contract is audited by SolidProof.

Image caption: Meme coin Catslap ($SLAP) listed on CoinMarketCap today (Monday November 25th)

Is Catslap Ready to Explode?

After a period of volatile trading set off by a whale sale valued at $200,000, Catslap’s price has entered into a bullish flag pattern, presaging a price breakout.

As the flag narrows it signals that the price is set to resume on the steep ascending channel it had formed before the weekend, which could take the price to $0.010 by Thanksgiving Day on November 28th. American Catslap token holders will have more than the Mayflower loaded with pilgrims to be thankful for by Thursday if the $SLAP price kills a zero.

A key determinant of nabbing a top exchange listing is the coin’s market cap and trading volume, both of which are moving in the right direction. Catslap’s fully diluted market capitalization is $43 million and has reached as high as $62 million when the price reached an all-time high of $0.0069.

And, naturally enough, whales turning up to buy on a regular basis will have the exchanges salivating at the new business Catslap could bring in:

Juicy 7 ETH buy. Whales are here for the $SLAPhttps://t.co/GtbR824eFm pic.twitter.com/xxO4zTBPwL

— CatSlap (@CatSlapToken) November 24, 2024

Another tailwind for the $SLAP price is the Ethereum price, which is riding high today, posting a 5.2% price advance to $3,493. Good news for Ethereum is good news for Catslap, which runs on the Ethereum blockchain.

Although Solana has become a favorite among some meme coin developers and buyers, Ethereum is still the more robust chain and is home to the biggest meme coins in the sector, namely Shiba Inu, Pepe, and, of course, the OG meme coin Dogecoin. Dogecoin is also not on Solana – its chain is a fork of Litecoin, which is a fork of Bitcoin.

Earn 40% APY by Buying and Staking Catslap on Best Wallet

Catslap has entered into a collaborative partnership with the fast-growing Web3 wallet Best Wallet. The $SLAP token can be bought easily via the Best Wallet app (available on Android and iOS) in a secure and trusted environment.

Visit the “Upcoming Tokens” section in the app to make your purchase. Download Best Wallet today to buy your $SLAP tokens: Google Play or Apple App Store.

Alternatively, you can buy using the decentralized exchange widget on the Catslap homepage. The payment method is ETH, USDT (Tether) or bank card.

Best Wallet has quickly grown in size, boasting 1 million+ downloads and 60,000 active users of its “Upcoming Tokens” section featuring presale tokens and new fair launch coins like $SLAP. There was no presale or private sale for $SLAP, meaning there is a level playing field for all buyers.

When you buy on the website or use the Best Wallet app you can stake your coins to earn 40% a year in rewards. The minimum staking period is seven days although you can come off stake early by burning those tokens that are yet to unlock.

In order to enjoy the full 40% reward, stakers must lock up their tokens for 12 months. Staking provides a passive income stream for token holders who partake as well as incentivizing long-term engagement with the project, helping to mitigate any downward pressure on the token price.

Twenty percent of the total token supply is earmarked for staking rewards. To access the Catslap staking dashboard, click on “buy and stake,” connect the wallet you used to buy your coins, and set the amount you wish to stake.

Are Play-to-Earn Features on the Horizon for Catslap

Intriguingly, a further 10% is allocated to community rewards, although neither the whitepaper nor the website specify what utility features these rewards would be attached to. There is some speculation that the community rewards may relate to the introduction of Play-to-Earn (P2E) mechanics into the Catslap ecosystem, a move that would enhance value for token holders.

Popcat made a name for itself with its click-to-pop game, but Catslap is doing things a little differently. With Catslap you click-to-slap, and the Slapometer counter has zoomed in no time to 6.4 million.

However, Catslap goes a stage further than Popcat because it breaks down the slaps by country, creating a global competitive tournament to see which country has the best slappers. Addictive and enjoyable, the Catslap clicker game and the narrative that infuses the coin means it is the purrfect vehicle for viral success.

Crypto Gain YouTube channel, with 134k subscribers, thinks Catslap could see a 100x price explosion as news about the coin spreads: