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Crypto prices are undergoing a healthy correction, while Popcat and Mog Coin rival Catslap ($SLAP) prepares for a ‘‘major announcement’’ that will likely power another parabolic pump.
Bitcoin’s rejection at $100k, combined with President-elect Donald Trump’s overnight Truth Social post detailing his tariff plans, has sent risk assets across the board into a tailspin.
Providing an excuse to take profits, crypto traders in general, and Catslap traders in particular, have taken some money off the table.
Nothing goes up in a straight line forever, and pullbacks are a healthy part of the market. They allow some profits to be realized and provide attractive entry points for those who have been waiting to ‘buy the dip’.
Dog meme coin leader of the pack Dogecoin is down 13.4%, Bitcoin is off 6% at $92k, while top cat meme coin Popcat is falling 14.3%. Catslap was sliding too, priced at $0.0029 at the start of the European session down from highs of $0.0049 yesterday.
Catslap had been storing up energy for its next push higher but has succumbed to the temporary general market retracement. Instead of selling out of the coin though, most prefer to sit tight or merely trim their holdings – that way they can keep their upside exposure in place for the ‘major announcement’ in nine days’ time.
Getting ready to slap away another 0 pic.twitter.com/113s7mZmQy
— CatSlap (@CatSlapToken) November 25, 2024
Might Catslap Introduce P2E, Launch Huge Token Burn And Airdrop?
Although the project has not officially stated what the big news will be, the use of an adjective like ‘major’ suggests that it will be price-moving.
Play-to-earn (P2E) gaming has been seen as a possible reveal. This would certainly be in keeping with the slap gamification at the heart of the Catslap narrative. Each click adds to the Slapometer slap count, which is tallied by country as part of a global competition. It is easy to envisage how this could be monetized for users.
The project tokenomics has an allocation of 10% of the 9 billion (9,000,000,000) total token supply to community rewards. That’s in addition to the 20% set aside for staking rewards, so that begs the question, how are these rewards to be earned?
Assuming P2E is coming, players could be rewarded for the number of clicks their country makes. Of course, for that to work, players will need to connect their wallets to take part in the earning opportunities.
Another facet of an announcement might be airdrops or perhaps a burn program. Focusing on the latter, a burn program is one of the most effective ways to increase the value of tokens. By removing tokens from the supply, it makes those that remain scarcer and, therefore, potentially more valuable.
Again, the team has not officially announced this, so this is pure speculation at this point. Nevertheless, we can safely assume that the adept marketers at Catslap knew that the prominent countdown on the homepage would elicit a flourishing rumor mill.
$SLAP Price: Buy The Dip Now For Greater Gains, Early Entrants Sit On 2,041% Returns
Catslap has slipped back to $0.0029, down 34% in the past 24 hours according to the latest CoinMarketCap data.
Nevertheless, early buyers of $SLAP are still sitting on gains of 2,041%, providing plenty of ballast for price support. The price is still way off its strongest defense line at $0.00187, as the number of token holders continues to rise, to 6,400.
Although trading volume has been trimmed from $4 million yesterday to half of that today, for a small-cap coin it is still in envious territory. Patient and more experienced token holders will have seen this all before.
Those who haven’t sold any tokens may be looking for the best moment to start lowering their entry price by dollar cost averaging the token – buy little and often while the price is dipping.
Certainly, early buyers of meme coin market leaders such as Pepe, Dogwifhat or even Popcat will be able to tell you the value of hodling and waiting for that 10,000%. Anybody who sold these coins after less than a week of their launch are coping hard right now.
$100 Invested In Catslap ($SLAP) Could Return $60,000, As It Did For Cat Meme Coin Popcat
Catslap has 6,400 token holders, as it continues to broaden its base of market participants. If you missed out on the 600x gains Popcat investors enjoyed, then Catslap could be your chance for outsized ROI. $100 of $SLAP tokens bought today may be valued at $60,000 in the not-too-distant future.
As crypto trader Alessa Mutto points out to her one million followers on X, low-market-cap coins have the highest potential.
Looking into this one @CatSlapToken 👏
— Alessa Mutto (@alessaoncrypto) November 21, 2024
Low market cap, high potential, and big gains in sight.
First movers advantage—are you in yet? 🚀
🌐: https://t.co/0G9PpalSge
DEX: https://t.co/nTRlo2QY4s… https://t.co/q9bAZXUITU pic.twitter.com/2MRsi0aCDk
With a team in place that knows what it is doing on the marketing and promo front, with everything from display ads on top crypto sites to striking partnership deals with hot properties in the crypto scene, Catslap is going places.
Yesterday, $SLAP listed on CoinMarketCap, the top crypto listings and data site. That followed hot on the heels of its CoinGecko listing.
All the pieces are falling into place nicely for Catslap. There are even rumors of centralized exchange listings in the works. Maybe that will be part of the announcement in nine days?
Catslap’s Collaboration With Best Wallet Is A Foundation For Success
Catslap inked a deal with Web3 crypto wallet Best Wallet that is exploding in popularity. In its short life it has already logged north of 1 million downloads.
Prospective purchasers can buy and stake $SLAP using the Best Wallet app in an easy-to-use and secure environment. The app is available for both Android and iOS devices: Google Play or Apple App Store.
Catslap is committed to token holders’ security and peace of mind – it is audited by SolidProof.
After downloading the app, go to the ‘Upcoming Tokens’ section where you will see Catslap listed. $SLAP can also be purchased at the decentralized exchange widget on the Catslap homepage with ETH, USDT or card.
Best Wallet has 60,000 active users of the innovative ‘Upcoming Tokens’ feature, where presale tokens and new fair launch coins like $SLAP can be found. Fair launch Catslap has had no presale or private sale, so there is no need to worry about team insiders profiting at your expense.
Staking $SLAP tokens earns 40% a year in rewards, but bear in mind that the minimum staking period is seven days. Staking can be ended early by burning unlocked tokens.
Top YouTube Channel Says $SLAP Is The Next MOG Coin And Popcat For 100x Gains
Long-standing and respected bitcoin and crypto education, news and data site 99Bitcoins published a video a couple of days ago predicting a possible 100x return on Catslap. The channel has more than 700k+ subscribers:
X influencerJames_09 is also “super bullish” on Catslap, predicting it could be the next 1,000x cat coin:
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
Catslap’s social media footprint continues to grow at a quickening pace. The project has 10,000+ followers across its socials just five days since launch. Join the community on X and Telegram to keep in touch with news and developments – especially that ‘major announcement’ coming soon.
Remember: temporary price retracements are opportunities for savvy traders and investors. Slap the panic merchants and be an altcoin season winner with Catslap.
Visit Catslap Token website or Best Wallet to buy $SLAP.
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