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Slap-to-Earn meme coin Catslap ($SLAP) is ready to burn $1 million tokens on Friday, 31 January, a transfer anticipated to ship a serious value increase.
In whole 466.5 million $SLAP tokens have been burned, valued at $672,400 to the good thing about all token holders. Tomorrow’s burn might be price nearly twice as a lot because the burns already executed.
4 days left till the $1M burn 🔥 pic.twitter.com/l2PIBwJRcz
— Catslap (@CatSlapToken) January 27, 2025
It follows the latest Slapdrop occasions that noticed the highest 10 Slap-to-Earn leaderboard winners share a $100,000 prize pool.
In the meantime, all these Slapdrop contributors who slapped within the internet recreation, accomplished Zealy social quests and submitted their Finest Pockets rewards pockets began receiving their reward $SLAP tokens from 16 January.
The Slapdrop rewards tokens are linearly vested for 90 days, stopping quick promote strain, as seen with earlier token airdrops like Hamster Kombat.
Nonetheless, alongside the $1 million price of tokens being burned, the $SLAP token rewards will formally come to an finish.
There are 549 million $SLAP tokens staked right now. Staked customers may have 14 days to withdraw their staked tokens and rewards. After this era, any unclaimed rewards might be burned. You will need to be aware that the preliminary principal quantity of staked tokens won’t be burned.
In response to the Catslap group, the mixed affect of the initiatives described above are designed to cut back future promote strain and improve the long-term sustainability of the $SLAP token.
Key Dates For Catslap Holders
31 January: $1 million price of $SLAP tokens might be burned.
14th February: All unclaimed staking rewards and any remaining team-controlled tokens not tied to vesting contracts might be burned. These vesting wallets are transparently displayed on the web site (catslaptoken.com/en/slap-drop).
To be clear – this burn doesn’t have an effect on SLAP drop rewards, which can proceed to vest linearly over a 90-day interval.
The Catslap group has additionally been conducting a buyback program during which tokens valued at $503,153 (348 million $SLAP) have been purchased on the open market, offering additional assist for the token value.
$SLAP reached an all-time excessive of $0.009478 on 4 December 2024, delivering an 8,516% return for presale consumers.
$SLAP Worth Is Poised To Surge
The professional-crypto Trump 2.0 administration’s crypto framework is because of be unveiled throughout the subsequent six months. Small-cap meme cash like Catslap, with its robust price-supportive mechanisms stand out from the gang.
Since its launch in November 2024 at a presale value of $0.00011 early traders have loved a return of 1,213%. $SLAP, on the time of writing, is priced at $0.001444 within the MEXC centralized change.
Because the market positions for Trump 2.0, it might herald the start of a huge altcoin season. Catslap is the most recent apex predator to pounce, set to go away the likes of MEOW, MOG, Popcat, and Simon’s Cat behind within the cattery.
Crypto bought off to a rocky begin to the week after the DeepSeek panic which despatched AI-related shares right into a tailspin, with a knock-on impact on digital belongings.
Nonetheless, crypto’s resilience is shining by means of as market contributors take the prospect to purchase the dip.
Me strolling away after slappin each mfer on the town 🐱 pic.twitter.com/wUE1wG08k6
— Catslap (@CatSlapToken) January 28, 2025
$SLAP: A Cat Coin That’s Prepared To Bounce Like MEOW
The $101 billion meme coin class is down 2.6% up to now 24 hours, in line with CoinGecko. However cat-themed coin MEOW is up 1.5% over that point and 9.6% up to now seven days – Catslap may very well be the following cat coin to bounce.
It additionally seems that Catslap is a safer wager than MEOW, which contract auditors in a warning message on CoinGecko have recognized as problematic:
“In response to RugCheck, the contract creator could make modifications to the token contract corresponding to disabling sells, altering charges, minting, transferring tokens and so on. Train warning.”
In distinction, the Catslap contract has been audited by SolidProof and no essential points have been discovered.
You should purchase $SLAP on the trusted and revolutionary Web3 pockets Finest Pockets. In case you don’t have already got the pockets app, you’ll be able to obtain it from Google Play or the Apple App Retailer to get began.
Be a part of the Catslap neighborhood on X and Telegram and stand prepared for the bounce. Overlook a couple of “useless cat bounce” – this cat coin is alive to the altcoin alternatives forward.
Go to Catslap Token web site
Catslap (SLAP) – New Cat Meme Coin On Ethereum
- Listed on MEXC
- Featured on Cointelegraph
- Trending on CoinGecko, DEXTools
- 10,000+ Holders
- Slap To Earn Utility
- Token Burns
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