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Popcat Rival Catslap ($SLAP) to See Price Boost Following 10M Token Burn

Tags: media new web
DATE POSTED:November 28, 2024

Thursday 28 November 2024Catslap ($SLAP), the Popcat rival, celebrates 10 million slaps with a massive token burn of 10 million $SLAP.

The cat-themed meme coin has just burned a significant portion of its supply, rewarding its fast-growing community and potentially increasing the value of the remaining tokens.

After this token burn, the team has introduced a token burn dashboard to record every past and upcoming burn event. This allows $SLAP holders to keep track of the burns that continue to boost the value of their tokens as the Catslap Slapometer keeps driving the project forward.

catslap's burned token dashboard

No sign-up or login needed—just visit the Catslap Token homepage and start clicking on the image of Catslap slapping Pepe. Stay alert for fraudulent sites and imitations.

Unlike Popcat, Catslap brings a fresh twist by attributing each slap to a country, contributing to a global leaderboard that keeps users engaged. The Catslap Slapometer has now reached 11.6 million slaps.

From slapping to burning… A token burn works by sending tokens to a non-functional address, permanently removing them from the supply. Check out the transaction ID for the recent 10 million token burn.

An X post on Tuesday teased the community with a call to “get ready for Slap-to-Earn.” A countdown on the site signals that big news is coming, with more details expected to drop soon.

Thanksgiving Day Rally Set to Propel Catslap After Recent Crypto Slump

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 $0.00248629 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 yesterday saw the outperformance of top altcoins such as ETH and XRP against bitcoin.

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

What’s Behind Catslap’s Upcoming “Major Announcement”?

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 is bolstering 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, where he is impressed by being able 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”:

Tags: media new web