A brand new cat-themed meme coin is taking the crypto market by storm.
Catslap (SLAP) will begin buying and selling on the MEXC trade this Friday – simply over two weeks after it was created.
Some merchants at the moment are drawing comparisons to Popcat (POPCAT), which noticed explosive beneficial properties after it listed on MEXC earlier this yr.
Catslap Launches on MEXC This Friday with $50,000 Airdrop Up for Grabs
MEXC has earned its spot as a go-to trade for brand spanking new meme cash, now rating because the tenth greatest crypto buying and selling platform worldwide.
The numbers inform the story – MEXC handles over $10 billion in day by day trades and works with greater than 10 million customers throughout 170 nations.
And Catslap’s staff has simply introduced it will likely be the primary CEX that SLAP lists on.
Nevertheless, earlier than SLAP’s official launch this Friday, MEXC will run one in every of its standard Kickstarter occasions, which is already reside.
Getting concerned on this occasion is easy.
Would-be traders should maintain 500 MX tokens (MEXC’s native token) and vote on the Catslap challenge.
As a bonus, the platform will supply $50,000 value of airdrop rewards to contributors – $30,000 in SLAP tokens plus $20,000 in USDT.
.@catslaptoken, crypto’s most aggressive feline, poised to assault even the very best market cap meme cash, is coming to #MEXCKickstarter
Vote with $MX to share large airdrops
$SLAP/USDT Buying and selling: 2024-12-06 13:00 (UTC)Particulars: https://t.co/uSzjfMRcxi pic.twitter.com/sxEuNlYHpP
— MEXC (@MEXC_Official) December 5, 2024
Buying and selling for SLAP will then kick off on Friday at 1pm UTC, with withdrawals opening 24 hours later.
Anybody seeking to bounce in can already begin making deposits.
Getting listed on a serious trade like MEXC could possibly be big for Catslap – probably opening the door to tens of millions of recent merchants who won’t have had entry to the token earlier than.
Might Catslap Observe POPCAT’s Explosive Progress After MEXC Itemizing?
MEXC has a robust monitor document for selecting successful meme cash – and POPCAT is a main instance,
The favored cat coin is now up over 282,000% because it was created on the Pump.enjoyable platform.
MEXC was one of many first CEXs to checklist POPCAT after the trade famous its viral vitality.
And after itemizing on MEXC, POPCAT’s worth actually started to take off.
Since its itemizing on April 18th, the coin is up 1,510% – though it was up a whopping 2,360% at its peak in mid-November.
This exhibits simply how essential top-tier listings may be for brand spanking new meme cash.
The added liquidity and publicity usually act as rocket gas for a coin’s worth, and Catslap holders hope the identical impact propels SLAP to related heights.
Provided that SLAP’s market cap continues to be just $27 million, there’s each probability it might.
Catslap Passes 13,300 Followers & Posts 4,400% Positive factors in Simply Two Weeks
For a token that’s barely two weeks previous, Catslap has made its mark already.
It has attracted over 13,300 holders and maintains sturdy buying and selling motion – $5.7 million moved via Uniswap within the final day alone.
The token’s $6.1 million liquidity pool, with greater than half locked up for a month, factors to some severe endurance.
And there’s extra.
SLAP is now up 4,400% from its preliminary launch worth, but it surely was up 7,370% at yesterday’s all-time excessive earlier than cooling off.
The staff’s token burn technique and buyback system appear to be doing their job.
Including to the joy, the staff is starting to roll out the extremely anticipated “Slap-to-Earn” system, which is able to reward neighborhood members for utilizing the Slapometer.
This growth has caught the attention of YouTuber Cilinix Crypto.
He launched a video evaluation of Catslap earlier this week, speculating that there could be “massive strikes forward” for the token.
Cilinix Crypto’s declare appears to be lining up with Catslap’s first CEX itemizing.
With all this momentum constructing as much as Friday’s MEXC debut, crypto merchants are watching intently – hoping that SLAP takes off like POPCAT did earlier this yr.
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