Get Ready for January 14: Catslap Meme Coin Unveils $100K Leaderboard as Dip Buyers Rally Around $SLAP
12 Enero 2025 - 2:00AM
NEWSBTC
Catslap’s popular Slapdrop challenge has ended and the winners will
soon be announced on the official Catslap website on January 14 at
11 AM UTC. Catslap ($SLAP) is a one-of-a-kind meme coin where all
token holders can earn slap points by just slapping their favorite
characters on the homepage. The more the number of slaps, the more
points you get. Each of the top 10 slappers will get a $10K USDT
airdrop. Even if you do not make it to the top 10, you’ll get $SLAP
tokens as per your position on the leaderboard. However, there was
another dimension to this challenge – completing tasks on Zealy.
For those unaware, Zealy is a tasking-questing platform used by
brands to build a community through a reward-based system. Catslap
enthusiasts were required to join the Catslap Zealy page and
complete social and on-chain tasks to earn Zealy points. These
points weigh more than the slap points. One point on Zealy is equal
to 1000 slap points. The more tasks you complete on Zealy, the
higher your chances of making it to the top 10. This means that
there are two leaderboards: one with the slap points and one with
Zealy points. As per the Catslap team’s Telegram communication, the
Zealy points will be converted into slap points to arrive at the
final leaderboard list on Tuesday. Now, although you could have
used any EVM-compatible crypto wallet to participate in these two
challenges, you need a Best Wallet crypto address to claim your
rewards. In fact, Catslap has an affiliation with Best Wallet,
where you can buy the token directly from Best Wallet. Is It a Good
Time to Buy the Catslap Dip? Catslap ($SLAP) launched on the MEXC
exchange on December 6 and made a high of $0.010546, delivering
251% returns on the same day. Early investors made as much as 4x on
their investments. Since then, the coin has seen a 68% dip in
prices and is currently trading below its opening price on the
listing date. This begs the question of whether it’s a good time to
buy the dip. Catslap is a community-driven meme coin launched
directly on decentralized exchange to compete with the likes of
$POPCAT. It started 2025 on a positive note with 45% gains in the
first week. And now, the price may just be ripe for a fresh entry
in what’s a high-potential meme coin. We say so for several
reasons. Firstly, Catslap plans to burn $1M $SLAP tokens on January
31. It has already burnt $1.18M worth of tokens so far. Burning
tokens rebalances the demand and supply forces, leading the prices
to go up. Secondly, Catslap has an active buyback program in place
where it buys back tokens from the open market. So far, $883,637.54
worth of $SLAP tokens have been bought back. Just like token
burning, buying back tokens also strengthens the price of the
underlying asset by controlling the supply. Plus, there’s an active
staking program where token holders can earn up to 30% APY on their
staked tokens. Verdict – Onwards and Upwards for $SLAP All these
are positive signs for this small-cap meme coin. This shows the
dedication of the founders to make Catslap one of the biggest meme
coins going around. It has an active following of over 12K members
on X, besides an active Telegram community. Moreover, it has also
been audited by SolidProof and has a good TrustNet Score of 60.30,
indicating that it’s a very trustworthy asset in the Web3 space.
It’s worth noting that $SLAP has already made a return of 2,360%
for investors, and you may not get the opportunity to buy Catslap
at a current price of $0.002376 again. However, as always, this
isn’t investment advice. Also, we highly recommend doing your own
research (DYOR) before you part with your money.
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