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New meme coin Catslap (SLAP) is taking the crypto market by storm after its worth skyrocketed 3,297% in simply the final 4 days, prompting comparisons with the viral Telegram clicker sport Hamster Kombat.
Gamers have been flocking to Catslap to compete with different gamers and climb the sport’s Slapometer. Based on the mission’s web site, greater than 6.16 million slaps have been recorded from throughout the globe already.
The uptick in in-game slaps comes amid rising hypothesis {that a} play-to-earn (P2E) aspect will make its solution to Catslap’s ecosystem. Though the mission has not but confirmed {that a} P2E aspect can be added, the allocation of 10% of SLAP’s whole provide to group rewards suggests this performance may change into a characteristic quickly.
And its developer says {that a} main announcement can be coming in about 9 days.
Along with the surge in slaps, there may be additionally numerous buying and selling exercise across the crypto. Dextools information reveals the full buying and selling quantity within the final 24 hours topped $4.4 million.
Hamster Kombat Boasts A Market Cap Exceeding $254 Million – Will Catslap Overtake The Viral Telegram Sport?
Catslap Token is following the identical trajectory as that of Hamster Kombat throughout its early days, which noticed the viral Telegram sport break a number of development data main as much as the launch of its personal HMSTR token.
The token debuted on a number of main change platforms, and now boasts a market cap of greater than $250 million. That is even after it fell greater than 60% from its all-time excessive.
Juicy 7 ETH purchase. Whales are right here for the $SLAPhttps://t.co/GtbR824eFm pic.twitter.com/xxO4zTBPwL
— CatSlap (@CatSlapToken) November 24, 2024
With the surge in SLAP’s worth, mixed with the big variety of slaps recorded worldwide and the multi-million-dollar buying and selling volumes, there may be hypothesis that Catslap Token will repeat the success of Hamster Kombat to change into the subsequent massive play-to-earn (P2E) sport within the crypto house.
Catslap whole valuation at present stands at $41.09 million. This implies the $SLAP worth may soar one other 5X if it follows the identical parabolic development that Hamster Kombat underwent.
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