{"id":623339,"date":"2025-01-31T22:07:16","date_gmt":"2025-01-31T22:07:16","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=623339"},"modified":"2025-01-31T22:07:16","modified_gmt":"2025-01-31T22:07:16","slug":"catslap-burns-1m-slap-supercharging-upside-price-potential-ahead-of-2025-meme-coin-bull-run","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/catslap-burns-1m-slap-supercharging-upside-price-potential-ahead-of-2025-meme-coin-bull-run","title":{"rendered":"Catslap Burns $1M $SLAP, Supercharging Upside Price Potential Ahead Of 2025 Meme Coin Bull Run"},"content":{"rendered":"

Catslap ($SLAP)<\/a> has burned $1 million $SLAP tokens<\/a> today, slashing supply in a move that turbocharges upward price momentum for the viral Slap-to-Earn meme coin.<\/p>\r\n\r\n\r\n\r\n

Including previous burns, an eye-watering total 1,196,558,367.83 $SLAP tokens have been taken out of circulation (aka burned) so far, valued at well over $1.5 million. <\/p>\r\n\r\n\r\n\r\n

Token burns are done in the interests of all token holders, because by reducing supply for a high-demand token, you increase scarcity, one of the largest determiners of value in commodities in general. <\/p>\r\n

<\/p>

It's done. We just burnt $1,000,000 of $SLAP<\/a>https:\/\/t.co\/grFgQzV4ej<\/a> pic.twitter.com\/iMG1HkF0Ri<\/a><\/p>— Catslap (@CatSlapToken) January 31, 2025<\/a><\/blockquote>