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As top meme coins like Dogecoin, Pepe, and Popcat cool, trending new meme coin Catslap ($SLAP) is rocketing toward a $100 million fully diluted market cap after its price soared 50% in the past 24 hours.
Catslap token price has hurtled to a new all-time high of $0.0069 and a corresponding market cap of $62 million. $SLAP 24-hour trading volume has surged to $4.05 million.
The price pullback to $0.0038 violating an ascending channel has allowed more new money to flow back into Catslap, pushing the price back up to $0.0045.
If you had invested $500 at the moment when Catslap listed on decentralized exchanges (DEXs) it would have been worth $29,770 at its ATH to date.
Savvy buyers will no doubt hold onto their $SLAP tokens for an even bigger payout as the meme coin rally frenzy will continue for the foreseeable future.
$SLAP has appreciated in price 5,954% (launch to ATH) since liquidity was added to the trading pair on Thursday November 21.
In a sign of a healthily bullish market, each leg higher in the SLAP/WETH pair is followed by some profit-taking, which in turn provides entry points for new buyers to take the price even higher.
As the Catslap Telegram bot reports, many existing token holders continue to add to their positions as well.
Cat-themed tokens are running in the second spot behind the dog meme coins, but Catslap plans to change all that. The coin is trending in No.1 spot on leading decentralized exchange trading site DexTools:
On the influential Telegram channel TRENDING (ETH/SOL) with 719k members, Catslap has taken poll position:
The total number of token holders has reached 3,200, and liquidity is now valued at $3 million, locked for 60 days to provide confidence to buyers.
LFG $SLAP Army! 😼
— CatSlap (@CatSlapToken) November 23, 2024
Over 2 million slaps and 2000+ HODLers. Pamp it! pic.twitter.com/AmqQ6gXl01
The brand-new project now has nearly 10,000 followers across X (8,672) and Telegram (1,171). On Telegram, the admins are super busy catering to a highly engaged and rapidly expanding global community. In response to demand, Chinese, German, and Korean channels have recently been added.
Whales Are Devouring $SLAP Tokens – Will Catslap Be The Next Popcat Or Pepe?
It’s all paws on deck as buyers flock to Catslap in droves in what could be the early hours of not just the next Popcat but the next Pepe, which, to remind readers, has a market cap of $8.5 billion.
The $SLAP price could be on track to eat a zero (secure the $0.010 price point) in the next 24 hours, such is the buying pressure, despite a pullback after the price ran up to as high as $0.0069.
$SLAP can be bought and staked on the official website’s DEX – Catslap runs on the Ethereum blockchain and can be bought with ETH, USDT or a card. Caveat emptor: steer clear of ‘catslap’ on Solana – it is a scam.
Whales are gobbling up $SLAP tokens in a hurry. Yesterday, one whale purchased $60k, as bullish momentum explodes.
As $100m Market Cap Looms, A Binance Listing Looks Possible For Catslap
Less than 72 hours old, fair launch Catslap is vying to be the top cat of feline-themed meme coins. And once that target has been achieved, it will be coming for the doggie coins too.
The closer the coin gets to $100 million the greater the visibility the coin receives in the marketplace and at the listing desks of the big crypto exchanges hungry to grab a slice of the ever-growing meme coin volume.
Binance, still the largest cryptocurrency exchange globally, is known to keep an internal list of coins that command a $100 million market cap and will be keenly interested in the speed at which $SLAP has achieved that market cap badge of honor and the trading volumes it has attracted.
Despite today’s pause across top meme coins, the market capitalization valuation of the sector is still $121 billion with 24-hour trading volumes of $31 billion.
Being the most active sector of the crypto market, all centralized exchanges want a piece of the meme coin action – $SLAP is an especially appealing morsel for them because of its rapid growth and strong market positioning.
Will Catslap ($SLAP) Be The Next 1,000x Cat-Themed Meme Coin?
Catslap’s astute and effective promotional campaign is something that will catch the eye of exchanges looking to work with projects that can grow their communities and deliver active traders.
Catslap listed on CoinGecko yesterday and chatter in the Telegram group suggest that a fast-track application has been purchased at CoinMarketCap.
So far, Catslap has outperformed the early launch days of Popcat, Mog Coin, and Cat in a Dogs World (MEW), helped, for sure, by favorable market conditions and its clicker game Slapometer (total slaps 4.8 million and counting), which is gaining traction around the world.
When Popcat listed on Raydium DEX it actually lost value, falling from $0.0072 to $0.00625 in its first two weeks of trading. By contrast, Catslap has rocketed in value from the get-go, boding well for those 100x and 1,000x price gain predictions.
Despite a shaky start Popcat went on to return 37,393% to its early investors – now imagine what Catslap could do given its far better start, not to mention superior product offering.
Head over to the Catslap website and start clicking-to-slap, and your efforts will be compiled in the league table of countries vying for world domination. It is fun and addictive and there are rumors of play-to-earn-fuelled deeper gamification coming too. Popcat does not have a P2E element to its game.
Super bullish on @CatSlapToken – low market cap with insane gains 🔥
— James_09 (@James_NFT9) November 21, 2024
in the first couple of hours, is this the next 1000x cat coin? 👀
🐦: @CatSlapToken
🌐: https://t.co/ERI0MFIJ3k
DEX: https://t.co/B4pq0e3vNp pic.twitter.com/kRJYw4K8nW
Stay With Catslap – Stake SLAP Tokens For 40% Annual Return
Go to the Catslap website DEX widget on the homepage and you can buy and stake to earn 40% a year just from depositing your tokens. Stakers can withdraw their staked Catslap tokens at any time. If a staker chooses to unstake early, any tokens that haven’t fully unlocked (vested) will be burned.
For more details on staking check out the Catslap staking dashboard. All stakes are locked for a minimum of seven days. So far 192,037,390 tokens have been staked. Total token supply was 9 billion, although a small portion has been burnt since staking went live.
Crypto analyst Austin Hilton with 200k subscribers to his YouTube channel was onto Catslap when its market cap was only $9 million. The price performance since he made his alpha call has validated the video he published a couple of days ago.
Like the rest of us, he is also waiting on the project’s major announcement coming in 11 days. ‘Time in the market, not timing the market’, as the old stock market adage would have it, is probably the way to go with Catslap. This way you can make sure to be well-positioned for an even bigger price explosion of possible 100x gains post-announcement.
Catslap has hooked up with Web3 wallet upstart Best Wallet, where the token can be bought easily in a secure and trusted environment. Go to the ‘Upcoming Tokens’ section in the app to make your purchase.
Thanks to U.S. President-elect Donald Trump, Moonvember is most certainly here. Indeed, we are probably at the start of the altcoin season – and with every passing day, Catslap increasingly looks like the winning pussy.
Visit Catslap Token website or Best Wallet to buy $SLAP.
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