Catslap soars 85% amid speculation on major stock market listings

New meme coin Catslap (SLAP) surged more than 85% in the past 24 hours after a whale purchased nearly $500,000 worth of tokens, sparking speculation the crypto could be listed on exchanges major ones such as Coinbase or Binance.

The mega SLAP token purchase of a portfolio owned by Chicago-based proprietary trading house Jump Trading came after the meme coin’s developer teased a “major announcement” which is expected in the next 48 hours.

This sparked speculation that the whale investor might be able to capitalize on upside potential if the token were listed on a major exchange.

Pepe (PEPE) and Dogwifhat (WIF) soared the month after Coinbase announced they would be listed on its platform. PEPE soared 148% while WIF jumped 55%.

SLAP is currently ranked 4th among the day’s top gainers by CoinGecko and occupies the 6th place in DexTools Hot Pairs.

Jump Trading recovers SLAP tokens

So far, Jump trading made 10 SLAP purchases with a total value of approximately $489,690. The company’s first purchase was executed on November 23, just two days after the crypto was listed on a decentralized exchange (DEX). Since then, Jump Trading has not sold any of its SLAP holdings.

The trading company’s last purchases were made on December 2, with Jump Trading spending 52 ETH and 49.92 ETH to acquire additional tokens.

Catslap Launches Slap-To-Earn Feature – Next Hamster Kombat?

cat snap went viral following the launch of the project’s slapping game, which quickly became a global hit. Already more than 93.4 million slaps have been unleashed by players of the game.

This popularity has contributed to the meme coin’s remarkable price performance over the past 2 weeks, helping Catslap reach a fully diluted market capitalization of almost $50 million.

SLAP has also attracted investors from around the world, with SLAP currently having over 10,65,000 holders. Additionally, the average daily trading volumes of the young coin are in the millions of dollars.

Recently, the Catslap team announced the launch of a play-to-earn feature within their popular game. Players will then be able to earn money for each slap performed in the game.

With this new feature, investors believe that Catslap could follow in the footsteps of the popular clicking game Telegram. Hamster fight.

THE $SLAP it keeps slapping 🔥

Over 61 million slaps worldwide – Win $SLAP points and climb the world rankings with Slap-2-Earn!

😺 9.94k+ Hodlers
😻 +2.497% increase since launch
😼 Market capitalization of $13.62 million
😸 $146,000+ Total redeemed$SLAP… pic.twitter.com/hW7qJQombV

– CatSlap (@CatSlapToken) December 2, 2024

Hamster Kombat debuted on several reputable exchanges, including Binance and Coinbase. Since entering the open market, Hamster Kombat’s market capitalization has soared to over $269 million. If Catslap repeated the success of Hamster Kombat, he could fly away 10 times.

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