Catslap To Burn $1M Tokens, Setting Up Main SLAP Worth Enhance

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Slap-to-Earn meme coin Catslap ($SLAP) is ready to burn $1 million tokens on Friday, 31 January, a transfer anticipated to ship a serious worth increase.

In complete 466.5 million $SLAP tokens have been burned, valued at $672,400 to the advantage of all token holders. Tomorrow’s burn shall be value virtually twice as a lot because the burns already executed.

4 days left till the $1M burn 🔥 pic.twitter.com/l2PIBwJRcz
— Catslap (@CatSlapToken) January 27, 2025

It follows the latest Slapdrop occasions that noticed the highest 10 Slap-to-Earn leaderboard winners share a $100,000 prize pool.

In the meantime, all these Slapdrop individuals who slapped within the net sport, accomplished Zealy social quests and submitted their Finest Pockets rewards pockets began receiving their reward $SLAP tokens from 16 January.

The Slapdrop rewards tokens are linearly vested for 90 days, stopping fast promote stress, as seen with earlier token airdrops like Hamster Kombat.

Nevertheless, alongside the $1 million value of tokens being burned, the $SLAP token rewards will formally come to an finish.

There are 549 million $SLAP tokens staked presently. Staked customers could have 14 days to withdraw their staked tokens and rewards. After this era, any unclaimed rewards shall be burned. You will need to be aware that the preliminary principal quantity of staked tokens won’t be burned.

In keeping with the Catslap group, the mixed influence of the initiatives described above are designed to scale back future promote stress and improve the long-term sustainability of the $SLAP token.

Catslap To Burn M Tokens, Setting Up Main SLAP Worth Enhance

Key Dates For Catslap Holders

31 January: $1 million value of $SLAP tokens shall be burned.

14th February: All unclaimed staking rewards and any remaining team-controlled tokens not tied to vesting contracts shall be burned. These vesting wallets are transparently displayed on the web site (catslaptoken.com/en/slap-drop).

To be clear – this burn doesn’t have an effect on SLAP drop rewards, which is able to proceed to vest linearly over a 90-day interval.

The Catslap group has additionally been conducting a buyback program during which tokens valued at $503,153 (348 million $SLAP) have been purchased on the open market, offering additional help for the token worth.

$SLAP reached an all-time excessive of $0.009478 on 4 December 2024, delivering an 8,516% return for presale consumers.

$SLAP Worth Is Poised To Surge

The professional-crypto Trump 2.0 administration’s crypto framework is because of be unveiled inside the subsequent six months. Small-cap meme cash like Catslap, with its robust price-supportive mechanisms stand out from the gang.

Since its launch in November 2024 at a presale worth of $0.00011 early traders have loved a return of 1,213%. $SLAP, on the time of writing, is priced at $0.001444 within the MEXC centralized alternate.

Because the market positions for Trump 2.0, it might herald the start of a big altcoin season. Catslap is the most recent apex predator to pounce, set to go away the likes of MEOW, MOG, Popcat, and Simon’s Cat behind within the cattery.

Crypto received off to a rocky begin to the week after the DeepSeek panic which despatched AI-related shares right into a tailspin, with a knock-on impact on digital belongings.

Nevertheless, crypto’s resilience is shining by way of as market individuals take the prospect to purchase the dip.

Me strolling away after slappin each mfer on the town 🐱 pic.twitter.com/wUE1wG08k6
— Catslap (@CatSlapToken) January 28, 2025

$SLAP: A Cat Coin That’s Prepared To Bounce Like MEOW

The $101 billion meme coin class is down 2.6% prior to now 24 hours, in response to CoinGecko. However cat-themed coin MEOW is up 1.5% over that point and 9.6% prior to now seven days – Catslap may very well be the following cat coin to bounce.

It additionally seems that Catslap is a safer guess than MEOW, which contract auditors in a warning message on CoinGecko have recognized as problematic:

“In keeping with RugCheck, the contract creator could make adjustments to the token contract reminiscent of disabling sells, altering charges, minting, transferring tokens and so forth. Train warning.”

In distinction, the Catslap contract has been audited by SolidProof and no important points have been discovered.

You should buy $SLAP on the trusted and progressive Web3 pockets Finest Pockets. Should you don’t have already got the pockets app, you’ll be able to obtain it from Google Play or the Apple App Retailer to get began.

Be part of the Catslap group on X and Telegram and stand prepared for the bounce. Overlook a few “lifeless cat bounce” – this cat coin is alive to the altcoin alternatives forward.

Go to Catslap Token web site

Catslap (SLAP) – New Cat Meme Coin On Ethereum