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The Catslap price pumped more than 4% in the last 24 hours to trade at $0.003207 as of 6:03 a.m. EST as investors start to accumulate the new meme coin.
The jump in the SLAP price comes after NVIDIA CEO Jensen Huang unveiled the firm’s next-generation of gaming chips, the RTX 50-series, at the CES 2025 conference.
Investors of gaming tokens like Catslap quickly added to their holdings with the anticipation that the release will benefit the crypto gaming space in the long run.
Catslap Price Forms A Positive Channel And Breaks A Major Resistance
Daily chart for SLAP/USD (Source: DexTools)
The Catslap price has formed a bullish price channel on its daily chart after it posted a series of higher highs and higher lows over the past few days. This positive sequence led to the meme coin overcoming the resistance level at $0.002717.
Should the crypto keep climbing, it could soon challenge the next major barrier at $0.003878. With enough backing from buyers, the Catslap price might be able to flip this level into support before potentially rising to as high as $0.005039 in the short term.
Conversely, traders deciding to take profit through the course of the next 48 hours could lead to the Catslap price dropping out of the ascending channel. If the crypto falls out of this positive range, it might end up testing the support level at $0.001731.
Catslap Price Technicals Show A Lot Of Bullish Strength
From a technical perspective, indicators on SLAP’s daily chart suggest the crypto could keep rising in the coming 24 hours. Both the Moving Average Convergence Divergence (MACD) and the Relative Strength Index (RSI) are showing bullish signs.
Momentum recently shifted in favor of buyers, as indicated by the MACD line’s cross to above the MACD Signal line. Now, as the gap between the two lines grows, it seems Catslap’s bullish momentum is picking up steam.
Meanwhile, RSI readings have started to rise in the last couple of days, with the indicator breaking above the neutral 50 mark in the last 24 hours. Traders usually see increasing RSI readings as an indication of strengthening buying power. With the positive slope of the RSI line, it appears bulls are still accumulating strength against their bearish counterparts.
Investors are not only loading up on Catslap, as the presale for vote-to-earn meme coin Flockerz (FLOCK) surpasses $9 million.
According to the popular 99Bitcoins YouTube channel, which has more than 706K subscribers, FLOCK has the potential to surge 100X after its launch.
A Truly-Decentralized Crypto Project
Flockerz stands out from the crowd due to its truly decentralized nature, which is made possible through its innovative vote-to-earn mechanism.
Every holder of the project’s native FLOCK token has a say in its future direction, and can have their voices heard during the frequent governance votes.
By allowing investors to take part in governance decisions, Flockerz will achieve long-term community engagement. This is something that even non-meme coin projects struggle to get right. What’s more, token holders are financially incentivized to vote during each governance decision, with their participation rewarded with additional FLOCK tokens.
Flockerz Offers Last Chance To Buy Before Launch
FLOCK’s presale has been a hit among early investors, who have rushed to get in on the ground stages of the new project. With just 15 days until the meme coin’s official launch, time is running out for buyers to acquire the token before it makes its open market debut.
🐦 Let your flock flag fly! 🐦
9M Raised is no small feat! The flock is pushing hard for Flocktopia! 🐦🔥🚀 pic.twitter.com/Ad8c15xPFi
— Flockerz (@FlockerzToken) January 7, 2025
Anyone that wants to buy FLOCK can utilize the simple widget embedded on the project’s website. Selling for $0.0066351, the meme coin can be bought with either crypto or bank card.
After purchasing FLOCK, investors can also put their tokens to work immediately through the staking page on the website. Holders who stake their FLOCK now will unlock a competitive 301% APY.
Purchase and stake FLOCK here before its presale ends.
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