Wednesday 27 November 2024 – Just a Chill Guy token ($CHILLGUY) has risen by 10.3% today, but newer meme coin Catslap ($SLAP), launched just six days ago, is outperforming with a 51% increase.
Although CHILLGUY has made waves with its impressive surge to a $621 million market cap, its success may be hindered by ongoing legal issues over its original image, potentially impacting its path to a $1 billion valuation.
Meanwhile, Catslap, centered around the viral slapping cat meme and featuring its unique Slapometer, has a market cap of just $29 million, offering significant room for growth. As of now, $SLAP is trending on DexTools’ hot pairs ticker.
For meme coin enthusiasts, $SLAP may evoke memories of Popcat, the top cat-themed coin where users click to pop. However, Catslap goes further by incorporating a Slapometer, ranked by country. Japan leads the charge, followed by Malaysia and Australia, positioning the Asia-Pacific region as the world’s biggest slap fans.
The Slapometer’s global competition adds a level of engagement that Popcat’s $1.2 billion market cap doesn’t offer, making $SLAP stand out in the meme coin space. Crypto experts are now pointing to $SLAP as a strong contender to take the crown from Popcat. Meanwhile, Popcat’s price continues to struggle, down 5% in the past 24 hours and 28% over the last week.
Catslap’s Slap-to-Earn Launching Soon – Full Details in 7 Days
Market participants are waiting with bated breath for a forthcoming “major announcement” from Catslap. We now know that at least part of the announcement will be concerning the introduction of Play-to-Earn (P2E) features, which in utility terms will put distance between itself and the cat meme coin competition.
An X post yesterday revealed officially for the first time that “Slap-to-Earn” is coming to Catslap:
A P2E component will increase Catslap’s value proposition, as would rumors of a big token burn turning out to be correct. The news is already positively impacting the token price.
The steady escalator of green candles in the current price action could be setting $SLAP up for the sort of surge witnessed on Saturday, November 23, as identified in the chart below.
As Crypto Market Takes a Breather, $SLAP is Ready for a Price Boom
As with pretty much all tokens in the cryptocurrency market, the Bitcoin-led correction in the markets yesterday has affected Catslap too.
But these tests are sent to sift the wheat from the chaff, so to speak. Catslap’s impressive recovery from near-term lows has been impressive. At the time of writing $SLAP was priced at $0.00299438 after finding a floor at $0.002117.
Catslap has amassed 7,091 token holders in another encouraging sign of a community increasing in size and engagement. The busy Telegram channel has 1,937 members, often with around a quarter of that number or more online.
The SLAP/ETH trading pair’s market structure is noteworthy at this juncture. There is a high preponderance of buy orders below or around the $1,000.
Of course, whales are most welcome, provided they stick around. But whales looking to make a quick buck can quickly destabilize the price, while, by contrast, a multitude of smaller investors committed to the project can bring the sort of stability that provides a platform for a solid advance in the price, as is being seen today.
$SLAP Price Rises 3,082% Since Launch – Could Reach $CHILLGUY’s 84,162% Jump Next
Catslap has the “slapability” to leave Popcat, Pepe and many other popular meme coins behind. The chances of its price appreciating 100x times are high.
The readily accessible fun of visiting the website homepage and being able to click-to-slap is irresistible, with the audio feedback and the country leaderboard attached to the Slapometer adding to player engagement. Crypto people seem to like what they see of Catslap, so could it be the next Chill Guy, but without the legal baggage downside.
Chill Guy is the most recent meme coin success story, having launched on DEXs on 15 November the coin has rocketed 84,162% (it was minted on the Solana-based pump.fun launchpad on October 6).
For its part, $SLAP is up 3,082% since its straight-to-DEX fair launch on November 21. If you invested $500 at the listing price of $SLAP and it matches the gains of CHILLGUY, you will be sitting on a stash worth $42,000.
With liquidity of $2 million and trading volume of $1 million, Catslap has superior market positioning compared to Chill Guy, which had to claw its way to a market cap of $69,000 before liquidity could be deposited on Raydium, the main Solana DEX. Catslap, by contrast, had ample liquidity from the moment it listed, locked for 60 days.
Catslap is an Ethereum token (ERC20) – tokens with the same branding found on other chains are scams.
Trader Predicts Catslap ($SLAP) Could Easily See 50x or 100x Gains
YouTuber TodayTrader made an alpha call to buy at its near term low “for a risk-free 10x”, but thinks the coin could “easily do 50x or 100x”. The video is worth a watch:
Earn 40% Yearly Rewards by Buying and Staking Catslap Today
Catslap token can be bought in the fast-growing Web3 crypto wallet Best Wallet. The partnership means that aside from all the other marketing the team is doing on crypto websites and on X, the token has a tailored 60,000-strong audience in the shape of the users of the app’s “Upcoming Tokens” feature.
You can easily buy and stake $SLAP using the Best Wallet app, available for both Android and iOS devices: Google Play or Apple App Store. Stakers earn 40% a year. The minimum length is seven days. You can unlock tokens early by burning some of your staked balance. 20% of the token supply is allocated to staking rewards.
Catslap is fully audited by SolidProof and no critical issues have been found.
Catslap’s social media footprint continues to grow at a quickening pace. The project has 9,881 followers on X and as mentioned earlier nearly 2,000 on Telegram – not bad for a six-day-old project.
Join the thriving Catslap community on X and Telegram to be among the first to know about upcoming market-moving news. Catslap could be the next Chill Guy, so don’t miss out. The entry price is particularly attractive right now following yesterday’s crypto market profit-taking.
Visit Catslap Token website or Best Wallet to buy $SLAP.
