Viral Meme Coin Catslap Announces $1M Token Burn After Massive Pump, Hits 1bn Milestone

The crypto market has seen numerous meme cash, however the cat-themed mission Catslap stands out from the gang.

The Catslap (SLAP) crew has deliberate a $1 million token burn for right this moment, December 20.

This deliberate burn comes after the mission’s in style “Slap-to-Earn” recreation reached an infinite milestone: over one billion accomplished slaps.

Catslap’s $1M Token Burn Goals to Enhance Shortage & Gas Slap-to-Earn Recreation

Token burns are a standard transfer in crypto.

They contain eradicating tokens from circulation to probably improve their worth – virtually like an organization shopping for again its personal inventory.

Catslap’s crew is taking this technique critically, having already burned over 140 million SLAP tokens value nearly $480,000.

However right this moment’s $1 million token burn is ready to be their largest but, dwarfing all earlier efforts.

At SLAP’s present value, roughly one other 315 million tokens are being destroyed.

And it might carry the overall burned to over 450 million SLAP tokens.

Past burning, Catslap’s crew can also be working automated buybacks each 20 minutes, buying $445,000 value of tokens to date.

On the similar time, their Slap-to-Earn recreation has exploded in recognition, with customers collectively racking up 1.2 billion slaps.

Japanese customers are main the best way, with French and German customers locked in a battle for second place.

It appears the race to the highest of the worldwide slap leaderboard is getting intense.

Catslap Defies Market Downturn & Eyes Main CEX Listings

The broader crypto market has been taking a beating this week, with Bitcoin dipping beneath $94,000 and pulling most altcoins down with it.

Meme cash have been hit notably arduous.

Dogecoin, for instance, has plummeted 20% in simply the final 24 hours alone.

Whereas Catslap hasn’t fully escaped the market’s bearishness, with SLAP tokens at the moment buying and selling round $0.00313, the token’s underlying numbers paint a extra optimistic image.

SLAP remains to be up 2,400% from its launch value.

The token additionally now has over 20,000 holders globally, $4 million in locked liquidity, and $2.7 million in spot buying and selling quantity over the previous day.

Most of this buying and selling exercise is targeting MEXC, a tier-1 CEX the place SLAP not too long ago listed.

In the meantime, Catslap’s Telegram channel is buzzing with discuss potential listings on different main exchanges.

Some neighborhood members even imagine Binance or Coinbase might decide SLAP up.

There was no motion on that entrance but, however right this moment’s huge token burn reveals how decided the crew is to climb the crypto ladder.

Catslap Group Thrives as High Crypto Influencers Be part of the Hype

Slap-to-Earn is the core of Catslap’s ecosystem – and the stakes are rising as Season 1 nears its January 10 finale.

It’s not nearly digital slapping anymore since there’s a large $100,000 prize pool for the highest 10 gamers.

Even those that don’t attain the highest of the leaderboard will nonetheless earn SLAP tokens based mostly on their rankings.

Unsurprisingly, the thrill round this setup is rising.

Even YouTubers like ClayBro, who has over 134,000 subscribers, are speaking bullishly about Catslap and its potential.

Including to the thrill, Catslap’s partnership with Zealy has created a quest system the place neighborhood engagement interprets into in-game energy.

Each XP level earned by Zealy duties, like social media interactions, converts to 1,000 slaps on the “Slapometer.”

With over 11,000 quests accomplished already, it’s clear the neighborhood loves this strategy to incomes.

The mixture of hilarious gameplay, quests, and SLAP rewards is creating an ecosystem that retains individuals coming again for extra.

That’s why Catslap is a token many are watching within the lead as much as 2025.

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