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The price of Catslap ($SLAP) is poised to rise, driven by a million-dollar token burn and momentum behind Season 1 of its Slap- quest drop campaign. to-Earn and Zealy.
According to a post from Catslap X, this huge burn will take place tomorrow (Friday, December 20). It was also announced that Slap-to-Earn season 1 would end on January 10, 2025.
The burn dashboard shows that 140 million $SLAP tokens have been removed from supply as of today, worth $594,436. The team has now committed to burning an additional $1,000,000 worth of chips.
The buyback program also helps support the $SLAP price. Redemptions occur every 20 minutes and have accumulated a total value of $529,487 (124 million SLAP tokens).
Previously, the price of the $SLAP token was trending higher at $0.0468, up 7.5% so far today, despite crypto markets being disrupted following the Fed’s hawkish statements on the inflation and the possible end of rate cuts sooner than expected by the risk markets.
❤️🔥 The announcement is here ❤️🔥
🔥 Million Dollar Token Burned Tomorrow
🔥$100,000 USDT for the top 10 slappers
🔥Slap-to-Earn season 1 ends: January 10, 2025A MILLION reasons to feel the heat 😻 pic.twitter.com/GBo9K5XAfA
– Cat Slap (@CatSlapToken) December 19, 2024
A $100,000 prize pool for the Top 10, but everyone wins in the $SLAP Airdrop
The Catslap community’s engagement in slaps and quests has exploded, helped by the prospect of being among the top 10 on the leaderboard sharing the $100,000 prize pool.
Leaderboard finishers will receive $SLAP tokens dropped in proportion to their leaderboard position, making everyone a winner. The number of slaps recorded by the Slapometer exceeded one billion, at pixel time, for a total of 1.161 billion.
The Zealy Community Slapdrop campaign introduced an additional leaderboard to record Zealy’s slapdrop activities, adding to the country and user leaderboards the community was already familiar with.
Yesterday, slappers had completed 11,000 quests to cross the threshold of one billion slaps.
All tasks and slaps contribute to the overall Slapdrop score. As part of the mix of slapping on site and on Zealy there is a special XP/SLAP exchange rate: 1 XP on Zealy = 1,000 slaps on the site.
Here is the current status of the Zealy ranking:
And here is the progress of the best wallet addresses in the Slap-to-Earn ranking of the site ranking:
To be eligible for Zealy quests:
- Hold $SLAP
- Complete the “Best Wallet Address” quest on Zealy (find it in the “Start Slappin” section)
According to an update from Telegram, because the Catslap team will need to verify all submitted addresses to ensure they are created with Best Wallet, reviews may take some time.
YouTuber ClayBro, with an audience of 134,000 and a self-described Catslap Whale, is among those expecting a price increase following today’s announcement.
How to buy Catslap ($SLAP)
The token’s liquidity remains extremely healthy at $4.8 million, with 54% of it locked for six months, a sign of the team’s commitment to the longevity of the project. There are now over 20,000 token holders in non-custodial wallets.
You can buy $SLAP on MEXC, Best Wallet, directly via the exchange widget on the Catslap website and on Uniswap DEX.
Catslap is audited by SolidProof and has a 99% project reliability score on DEXtools.
Now might be the time to put yourself in position to spend $1 million SLAP.
Join the Catslap community on X and Telegram to stay informed about the next Popcat.
Visit the Catslap Token Website
Catslap (SLAP) – New Cat Meme Coin on Ethereum
- Listed on MEXC
- Featured on Cointelegraph
- Trends on CoinGecko, DEXTools
- More than 10,000 holders
- Slap to gain utility
- Token burns
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