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.

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.

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.

Hope you’re ready for cat season.