Home Meme Coin Catslap Hits MEXC Exchange This Friday, December 6th at 1pm UTC – Price Likely to Explode Like BONK

Meme Coin Catslap Hits MEXC Exchange This Friday, December 6th at 1pm UTC – Price Likely to Explode Like BONK

Thursday, December 5, 2024 – Get ready for the launch of Catslap ($SLAP), a new meme coin, on MEXC centralized exchange this Friday, December 6, at 1pm UTC—just two weeks after its debut on DEXs.

This exciting Slap-to-Earn clicker game, which is quickly making waves and challenging Popcat’s reign, was priced at $0.0071 when the listing announcement went live today at 11am UTC. The official trading begins at 1pm UTC on Friday, December 6.

MEXC exchange has become a leading force in identifying emerging meme coin trends, often securing the first listings for promising new coins.

To build excitement ahead of trading, a special Kickstarter campaign will run from 11am UTC on Thursday, December 5, until 10:50am UTC on Friday. The results will be revealed at 11:10am UTC, with trading set to begin just two hours later, at 1pm UTC.

Withdrawals will be available from 1pm UTC on Saturday December 7.

Massive Kickstarter Airdrop: $30,000 SLAP and $20,000 USDT Up for Grabs

Here’s the MEXC affiliate link for the Kickstarter: https://www.mexc.com/support/articles/16785962840601

You can sign up to get a MEXC account with this link: https://bs_168d85c2.cryptopages.care

  1. Participation Eligibility: Hold a minimum of 500 MX for 24 consecutive hours before 2024-12-04 16:00 (UTC).
  2. Voting Period: 2024-12-05 11:00 to 2024-12-06 10:50 (UTC)
  3. Trading: 2024-12-06 13:00 (UTC)
  4. Deposits: Opened
  5. Withdrawals: 2024-12-07 13:00 (UTC)
  6. Voting Link: https://www.mexc.com/sun/assessment
  7. Airdrop Details: $30,000 SLAP & 20,000 USDT
  8. Voting Token: MX
  9. Requirements: 500 ≤ MX ≤ 500,000
  10. You can commit based on your maximum committable quantity. Tokens committed successfully will only be used for reward calculation. Your MX will not be frozen.
  11. Rewards: The airdrop rewards will be distributed according to the participation ratio within 1 hour of the event’s conclusion.
  12. You can also participate in other ongoing Kickstarter and Launchpool events after you successfully participate in this event.
  13. The rewards will be determined based on the amount of MX you commit and the number of valid users you bring in.

MEXC Leads Meme Coin Trends – BONK Saw a 95,700% Increase After MEXC’s First Listing

News of the MEXC listing has led to a spike in the $SLAP price. MEXC is known for its early listing of meme coins that then go on to explode in value. Pepe, Bonk, Dogwiffhat and Shiba Inu all found early success on MEXC.

The trading platform has become synonymous with spotting the meme coin trends first. Bonk chalked up a gain of 95,700%, Pepe 43,015%, NeiroCTO 37,492%, WIF 6,871% and GOAT 2,471%, to name but a few. It’s now time to add $SLAP to that price-explosive list.

mexc initial listings

MEXC is also a Binance-beater when it comes to all-important market liquidity. Market depth determines the percentage amount a certain-sized trade can move the market.

For example, its futures market depth is $100 million at the 0.05% and 0.1% levels, which outperforms major exchanges like Binance, and OKX.

liquidity rankings of exchange

With MEXC Ranked 10th in Trading Volume, Catslap ($SLAP) Gains Greater Exposure and Investment

What’s more, MEXC’s substantial reach will bring Catslap to the attention of millions more potential buyers. According to CoinMarketCap, MEXC is the 10th largest cryptocurrency exchange for spot markets, with daily trading volumes of more than $10 billion and 5.2 million weekly visitors.

MEXC lists 2,760 coins and is available in 170 jurisdictions around the world. Its centralized exchange listing makes it easier for crypto beginners to trade. MEXC accepts fiat payments in USD, EUR, and GBP as well as direct deposits in USD.

Bagging the 10th biggest exchange is no mean feat, and further listings are sure to follow as the project grows in strength.

The second CEX listing announcement will take place in two weeks’ time, as indicated by a new countdown clock on the Catslap homepage.

top crypto spot exchanges

Catslap has a fully diluted market capitalization of $63 million ($32 million based on circulating supply), so it is not far off the magic $100 million valuation. The addition of MEXC’s SLAP/USDT trading pair to the volume already generated for the SLAP/ETH pair will turbocharge the number of token holders.

On the decentralized exchanges alone, token holders have rocketed to 13,179. Although the total number of token holders will be harder to ascertain because CEXs don’t allow that data to be collated, the trading volume will tell its own story.

Bulls are being attracted to Catslap not only by its viral narrative and the hilarity of its slap raison d’etre but also by the ongoing development that has so far seen the rollout of staking, burning, buybacks, and Play-to-Earn mechanics in the form of Slap-to-Earn, as mentioned earlier.

This utility package is making Catslap token stand out from the crowd by incentivizing interaction and heightened engagement in a way that older meme coins like Popcat haven’t.

Alongside the individual Slap-to-Earn rewards (details to be announced soon), all token holders benefit from the burn events triggered by Slapometer milestones. To date there have been three major burns; at the 10 million, 25 million and 100 million slap milestones. The next big milestone is yet to be announced.

By burning tokens it increases the scarcity and potential value of the remaining tokens. Burning also takes place when stakers unlock their tokens early. All told then, the value of tokens burned is more than $1 million.

Add to that the buybacks the projects conduct in the open market every 20 minutes, which is now valued at $451,000, and the combined price-supportive activity has a substantial positive impact on the value of $SLAP tokens.

$100 Turned into $282,679 with Popcat – $SLAP Could Be Next

$SLAP’s price is up 6,828% since it launched two weeks ago, and there is plenty more of that growth runway ahead. Over the past seven days the $SLAP price has gone up 212%.

Fellow cat meme coin Popcat, at its highest point since its Solana-based pump.fun listing, gained 282,679%. $100 invested in Popcat on pump.fun would have returned $282,679 today. Catslap runs on the second-most-valuable crypto network, Ethereum, and is poised to beat the performance of its feline competitor.

catslap tokens price chart

Catslap is audited by SolidProof, has a 99% project reliability score on DEXtools, and 53% of its $6.8 million liquidity is locked on-chain for one month – so no need to worry about rug pulls.

$SLAP is ready to pounce on the Popcats and Pepes of the crypto world in its quest for meme coin domination. This cat could have you purring all the way to the bank.

The fast-growing Catslap community has 3,448 members on Telegram and 11,000 on X. Join up today to keep in touch with the trendiest cat in crypto.

MEXC backs winners – maybe you should too.

MEXC affiliate link for the Kickstarter: https://www.mexc.com/support/articles/16785962840601

Visit Catslap Token website

About ReadWrite’s Editorial Process

The ReadWrite Editorial policy involves closely monitoring the tech, gambling and blockchain industries for major developments, new product and brand launches, AI breakthroughs, game releases and other newsworthy events. Editors assign relevant stories to in-house staff writers 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 joined ReadWrite in 2024 is an experienced crypto editor 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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