CatSlap, a new token, is surging during the booming meme coin season, jumping 1400% on its first day while attracting more holders and trending on DEXTools.
With a staggering price increase on its debut day, this token is catching attention. Despite the massive early gain, there still seems to be significant potential for growth.
In this article, we’ll deep dive into whether CatSlap (SLAP) could potentially be the next big cat meme token.
About CatSlap (SLAP)
CatSlap is crypto’s most aggressive feline, ready to challenge even the highest market cap meme coins. The $SLAP token aims to dethrone the frogs and dogs on the block. It’s literally a cat that slaps, and this gamified meme coin carries a cat theme.
Although big cat coins like MOG and MEW token already exist, CatSlap could fill a gap between the $30 million and $100 million market cap range for cat-themed coins. If this void is filled, CatSlap may emerge as one of the next big players.
CatSlap has a total supply of 9 billion coins, with liquidity set at 50%, staking rewards at 20%, community rewards at 10%, a development fund at 10%, and 10% allocated to the team with a 10-year vesting period. This lock-in strategy bolsters the coin’s long-term stability.
We be cooking. Staking now live, all website buys will be staked for 7 days at 40% APY. Early unlock by burning 🔥🔥 pic.twitter.com/ZIUK9pd3sZ
— CatSlap (@CatSlapToken) November 21, 2024
The staking program offers an appealing 40% annual return. Already, 57 million tokens are staked, showcasing strong community participation. The contract address is available on their website, and the token is an ERC-20 token, meaning buyers can access it through the Ethereum network.
Purchases can be made using wallets like Metamask or Best Wallet. The project features a unique mechanic where users can track total “slaps” building up over time from different countries like Great Britain and Finland, creating a global competition.
While it’s unclear whether rewards exist for people in those countries, the website encourages users to buy and stake $SLAP before a major announcement in 13 days. Connecting your wallet lets you participate.
The project is currently in stage two of its roadmap. The team aims to achieve several significant milestones, including listing on Binance, reaching a $100 million market cap, and securing listings on centralized exchanges. The project already has significant traction on X (formerly Twitter), with lots of likes, retweets, and impressions.
CatSlap price analysis and prediction
To quickly dive into the charts, CatSlap already looks bullish, rising 20x almost immediately to $0.0020. Launched with zero holders, CatSlap rapidly grew to 88 holders by the time it began trending on DEXTools.
The token currently sits at a market cap of $9.6 million, supported by a $1.7 million liquidity pool, which highlights its stability and scalability. This strong liquidity keeps price movements manageable, even with sizable trades, while leaving room for upside potential.
Currently, the coin has 888 holders and has performed impressively on DEXTools since its launch just a few hours ago. Technically, the charts suggest further bullish continuation. Breaking out of its symmetrical triangle pattern could lead to a potential 16% price increase, pushing $SLAP to $0.003 in the near term.
At $0.0021 per coin, the price likely will climb in the coming weeks, as the early wipeout of buyers may have created a new floor around $0.0022. This could be a seriously bullish coin, and it’s one to watch.
CatSlap’s debut has generated considerable buzz with the project’s vibrant branding and engaging mechanics, potentially positioning it to join the ranks of POPCAT, MEW, and other big cat tokens. It could be a candidate for 10x growth, similar to other successful meme tokens.
To take part in the $SLAP buy and stake, visit catslaptoken.com.
