Home Crypto Market Pulls Back as Popcat and MOG Rival CatSlap ($SLAP) Gears Up for Big Announcement

Crypto Market Pulls Back as Popcat and MOG Rival CatSlap ($SLAP) Gears Up for Big Announcement

Tuesday 26 November 2024 – Crypto prices are experiencing a natural pullback, but all eyes are on Catslap ($SLAP), a rising challenger to Popcat and MOG, as it prepares for a major announcement that could propel its price into a parabolic rally.

The market’s downturn follows Bitcoin’s failed attempt to break $100k, with President-elect Donald Trump’s recent Truth Social post on tariffs fueling further uncertainty across risk assets.

After a strong rally, many crypto traders, including Catslap investors, are taking profits. It’s normal for markets to pull back—these corrections allow traders to lock in gains while setting up attractive entry points for those ready to “buy the dip.”

Many of the top meme coins are feeling the impact, with Dogecoin down 13.4%, Bitcoin slipping 6% to $92k, and Popcat down 14.3%. Catslap is also seeing a dip, dropping to $0.0029 from yesterday’s highs of $0.0049 at the start of the European session.

Catslap was gearing up for its next big move but has been caught in the broader market pullback. Rather than selling off, most investors are holding steady or trimming just a bit of their positions, keeping their upside exposure intact ahead of the ‘major announcement’ in just nine days.

What’s Coming Next for Catslap? P2E, a Token Burn, and Possibly an 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.

catslap major announcement

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.

Catch the $SLAP Dip Now for Bigger Gains Ahead—Early Investors Have Seen 2,041% Growth

Catslap has slipped back to $0.0025, down almost 50% 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 priced under $1, 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.

catslaps price chart usd

Invest $100 in Catslap ($Slap) – It Could Yield $60,000, Just Like 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.

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 Teams Up With Best Wallet For Success And 40% Staking Rewards

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.

best wallet app interface

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.

This Influential Website Calls Catslap 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:

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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The ReadWrite Editorial policy involves closely monitoring the tech industry for major developments, new product launches, AI breakthroughs, video game releases and other newsworthy events. Editors assign relevant stories to staff writers or freelance contributors with expertise in each particular topic area. Before publication, articles go through a rigorous round of editing for accuracy, clarity, and to ensure adherence to ReadWrite's style guidelines.

Hamza Tariq
Crypto Expert

Hamza is an experienced crypto expert with a deep understanding of blockchain technology, cryptocurrency markets, and digital finance. He is passionate about making complex topics accessible and helping readers navigate the fast-evolving world of crypto.

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