Trending Meme Coin CatSlap Price Surge Coming After Burning 10 Million Tokens  – Will it 600X Like Popcat?

The post Trending Meme Coin CatSlap Price Surge Coming After Burning 10 Million Tokens  – Will it 600X Like Popcat? appeared first on Coinpedia Fintech News

Ethereum-based meme coin Catslap ($SLAP) has burned 10 million tokens to celebrate 10 million slaps on its viral “Tap-to-Slap” game.

The Popcat rival Catslap has enjoyed sharp growth since launching on 21 November, and with 10 million token burn provides an extra tailwind for growth.

Following the burn, the team has launched the Catslap Burned Tokens Dashboard, which lets you track all token burns and suggests that more value-enhancing burn events will follow as the project hits future milestones.

Anyone can join the Catslap Slapometer game – just visit its website and start slapping.

The game also has a leaderboard that groups users into countries. This adds a global competitive element and offers a nice touch over Popcat’s “tap-to-pop” game, which doesn’t have that.

The Catslap Burned Tokens Dashboard also says that tokens will be burned as the “Slapometer count increases,” incentivizing bag holders to tap-to-slap until their hands get tired.

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

Catslap posted on X on Tuesday, telling readers “to get ready for Slap-to-Earn.” This certainly seems like it could be part of the project’s major announcement, for which there is a countdown timer on its website homepage. At the time of writing, there are just six days until it is revealed.

Crypto pullback suppressed $SLAP price

Before Bitcoin’s retracement from $99K, CatSlap was well positioned to skyrocket.

Traders were already eyeing the $100 market cap target or higher. 

Bitcoin plummeted from $99.6K to lows of $90.7K, causing traders to derisk their positions across all cryptocurrencies.

However, the market leader is back on track. It has reclaimed $96K, reinstalling confidence for market participants to retake their altcoins positions.

Low-cap meme coin Clatslap could begin ferrying towards $100 million and beyond within the next day.

What can Catslap’s “major announcement” bring next week?

CatSlap has a trick up its sleeve with the “major announcement” that is coming next week. It has already hinted at “Slap-to-Earn,” so it could certainly be that.

Still, excitement is ramping up as the announcement nears, and even top industry analysts are taking note.

TodayTrader posted an in-depth review of the project, explaining its purpose and why it could well be the next big cat meme coin.

That’s a particularly big statement because the entire cat coin sector is expected to soar this year.

Dog coins are worth $89 billion, while cat coins are worth just $5 billion. It’s clear which one has more room for growth.

If Catslap does introduce “Slap-to-Earn,” that would be an industry first. Therefore, TodayTrader’s prediction should not be overlooked.

 $SLAP ready for explosive breakout and might 600x like Popcat did

Popcat provided early investors with 600x gains after its launch. And now, Catslap is looking to do the same thing.

The price has found a steadfast support zone around $0.002, which bulls will not let go. This level also acted as support prior to Catslap’s previous rally, which led to over 5,000% gains from its initial launch price.

Now, with the broader market regaining moment, Catslap’s next upward ascent is within arms’ reach.

Fueled by excitement about the token burn campaign and forthcoming “major announcement,” Catslap has momentum on its side, and its $20 million market cap leaves substantial room for growth.

Bulls are hoping for a rally beyond the current all-time high (ATH) amidst Catslap’s next breakout.

Buy Catslap today and enjoy a 40% staking APY

Investors can easily purchase Catslap using the Best Wallet application’s Upcoming Tokens feature. Best Wallet users can also stake their tokens from inside the application and take advantage of the 40% APY.

Best Wallet can be downloaded via the App Store and Google Play Store.

Alternatively, investors can buy $SLAP using ETH, USDT, or a card via the Catslap website’s DEX widget. 

Traders can also stake their tokens on the Catslap website. However, keep in mind that staking comes with a 12-month lockup period.

The project has been audited by Solid Proof and passed with no major issues found. Moreover, the team boosted liquidity to $3.5 million and locked for 60 days, indicating that they expect a large influx of buy orders.

Stay updated with Catslap’s latest news and developments by following its X account or joining its Telegram.

Whether you’re a cat or a dog person – there’s no denying that this project is not kitten around – it could become one of the world’s top meme coins. Join now to be in from the start.