MOG meme coin rival Catslap ($SLAP) has seen a price surge after listing on the top 10 cryptocurrency exchange MEXC and announcing a $100,000 prize pool for its Slap-to-Earn mini-game.
Another major announcement is upcoming in 12 days, rumored to be another CEX.
Meanwhile, cat meme coins are showing their claws. Mog coin (MOG) has been up 51% in the past 48 hours, and Simon’s Cat (CAT) is in a similarly buoyant mood. On Base, week-old Keyboard Cat (KEYCAT) has raced to a $100 million market capitalization. This is all adding to the vibe around Catslap.
$SLAP started trading on MEXC on Friday December 6, following a 7,500% price gain since its launch on decentralized exchanges two weeks ago.
(Source)
$SLAP Cat Coin Smashes New ATH on MEXC – Is Catslap About to Catch its $100M Market Cap Prey
Within minutes of its MEXC centralized exchange (CEX) debut, the Catslap token price had blasted through the previous all-time high at $0.010.
Thirty minutes into the Friday listing on MEXC, the trading volume in the SLAP/USDT pair had passed $330,000, and today (Saturday, December 7), it has reached $2.23 million.
The Uniswap decentralized exchange (DEX) trading volume has reached $3.7 million. CoinMarketCap calculates that total trading volume across all venues has advanced 87% to $6.18 million.
The initial spread between DEX and CEX price quotes was quickly arbitraged away as orders settled into an equalized position at around $0.0070. At the time of writing $SLAP is priced at $0.0072, after ranging between $0.0050 and $0.0086.
220% $SLAP Price Skyrocket on MEXC Brings Out the Traders
In order to generate volume, the price listed on MEXC at $0.0030, substantially below the market level on decentralized exchanges (DEXs), enabling the price to signal to the exchange’s traders a 220% gain.
Since then, $SLAP has traded in an ascending channel that can be traced back to November 26, a strong sign of bullish consolidation trending higher. Price stability at this juncture suggests preparing for a renewed ATH testing at $0.0010 on the back of the ballast of growing trading volumes.
A similar price charge can be expected as the second CEX listing draws nearer. Still, buyers may wonder if the regression that followed the MEXC debut will also repeat. That seems less likely, or if it does, it will not violate the channel, which means the trend higher will remain intact.
The $SLAP trading setup sees a convergence of rising volume, acceleration of token holders to 14,800+, a rapidly expanding social community membership, with 11,400 followers on X and almost 4,000 on Telegram, plus a viral hit clicker game with Play-to-Earn mechanics blended with Gleam task airdrops, combines in a recipe for a meme coin hit.
Trending feline $SLAP is one of the most popular swaps on crypto’s most-used Ethereum wallet, Metamask:
Happy Friday, Degens 🦊
Here's what you've been swapping this past week:$PEPE (@pepecoineth)$SLAP (@CatSlapToken)$SHIB (@Shibtoken)$DSYNC (@DestraNetwork)$HEX (@HEXcrypto) pic.twitter.com/w0qy9Zm6qZ
— MetaMask 🦊🫰 (@MetaMask) December 6, 2024
The token’s liquidity remains deep at $6.5 million, locked for an extra six months in an indication of the team’s commitment to the project’s longevity.
Burn and buyback programs are also helping the $SLAP price rise. The burn dashboard shows that $1 million worth of $SLAP has been removed from supply. Buybacks take place every 20 minutes and have a total value of $512,00.
Only 10 Days Until Next CEX Listing: Meanwhile, Catslap Slap-to-Earn Mini-Game Flourishing
The trending Slap-to-Earn coin has hurtled to a fully diluted market capitalization of $62 million, as attention turns to which exchange the feline meme coin will pounce on next – Binance, Robinhood?
Even before the MEXC listing, $SLAP was adding around 1,000 token holders a day, and, as we have seen, there is no sign of that slowing down any time soon. This is all music to the ears of volume-hungry crypto exchanges.
Interest and engagement in the project are booming, with the Slapometer count registering 285 million. It couldn’t be easier to start slapping.
To be eligible for Slap-to-Earn rewards simply connect your wallet and start clicking to slap your character of choice – there are three to choose from right now, with more coming soon.
A Look Inside Slap-to-Earn Season 1: $100K USDT & Bountyless $SLAP On Offer
Here’s everything you need to know to dominate Season 1.
Slap-to-Earn is already live – connect your wallet that holds $SLAP on the website to earn points.
Stack & rank on the leaderboard – the grind has begun, so don’t fall behind!
Top 10 Slappers split $100,000 in USDT, with $10K each.
The runners-up on the leaderboard share $SLAP from the community rewards pool. Every point matters.
There are 2 ways to score points:
- Slap on the website
- Social & community quests launching next week
The end date of Season 1 is yet to be announced, but there is now even more incentive to get slapping on the Catslap homepage.
You can buy $SLAP on MEXC, Best Wallet, directly via the exchange widget on the Catslap website and on Uniswap DEX.
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 stalking its prey—a $100 million market capitalization—as the next CEX listing approaches and Slapometer engagement explodes. Don’t miss this leap forward of the new meme coin Top Cat.
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In This Article
- $SLAP Cat Coin Smashes New ATH on MEXC – Is Catslap About to Catch its $100M Market Cap Prey
- 220% $SLAP Price Skyrocket on MEXC Brings Out the Traders
- Only 10 Days Until Next CEX Listing: Meanwhile, Catslap Slap-to-Earn Mini-Game Flourishing
- A Look Inside Slap-to-Earn Season 1: $100K USDT & Bountyless $SLAP On Offer
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