Token

Donald Trump

President Donald Trump

Coin

<a href="https://insidebitcoins.com/visit/catslap" rel="noopener noreferrer nofollow">Catslap ($SLAP)</a>&nbsp;has burned <a href="https://etherscan.io/tx/0x7477c62a722deed13619bf5067556143441935cea0f9e89aa92aa4c38a93337b" rel="noopener noreferrer nofollow">$1 million $SLAP tokens</a> today, slashing supply in a move that turbocharges upward price momentum for the viral Slap-to-Earn meme coin.Including previous burns, an eye-watering total 1,196,558,367.83 $SLAP tokens have been taken out of circulation (aka burned) so far, valued at well over $1.5 million.&nbsp;Token burns are done in the interests of all token holders, because by reducing supply for a high-demand token, you increase scarcity, one of the largest determiners of value in commodities in general.&nbsp;<blockquote class="twitter-tweet">It's done. We just burnt $1,000,000 of <a href="https://twitter.com/search?q=%24SLAP&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$SLAP</a><a href="https://t.co/grFgQzV4ej" rel="noopener noreferrer nofollow">https://t.co/grFgQzV4ej</a><a href="https://t.co/iMG1HkF0Ri" rel="noopener noreferrer nofollow">pic.twitter.com/iMG1HkF0Ri</a>— Catslap (@CatSlapToken) <a href="https://twitter.com/CatSlapToken/status/1885288232755097793?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">January 31, 2025</a></blockquote><figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"><div class="wp-block-embed__wrapper">Catslap is the token powering the eponymous viral web game where players earn crypto rewards by getting the viral slapping cat on the homepage to slap one of six cultural icons, including the topical US President Donald Trump and his Dogecoin-loving champion, Tesla CEO Elon Musk.&nbsp;</div></figure><h2 class="wp-block-heading" id="catslap-s-slapdrop-everything-you-need-to-know">Catslap’s Slapdrop: Everything You Need To Know</h2>Today’s <a href="https://web3toolkit.com/en/token-burner/burn-details?txn=0x7477c62a722deed13619bf5067556143441935cea0f9e89aa92aa4c38a93337b" rel="noopener noreferrer nofollow">gigantic burn</a> follows the recent Slapdrop contests, which saw top 10 slappers on the Slap-to-Earn leaderboard winners <a href="https://etherscan.io/address/0x5D1a7B8b3Ff3f10A11eD674FE51bfbcE5e63Cea0#tokentxns" rel="noopener noreferrer nofollow">split a $100,000 prize pool</a>.&nbsp;The Catslap project offers multiple avenues to collect rewards. Catslap players who completed <a href="https://zealy.io/cw/catslap/questboard?invitationId=wBUjug8xzMhxc_aEWNpQb" rel="noopener noreferrer nofollow">Zealy social challenges</a>, and submitted their Best Wallet rewards wallet began collecting $SLAP rewards on 16 January.$SLAP rewards are subject to a 90-day linear vesting schedule to prevent excessive selling pressure, as we’ve seen before in several other high-profile meme coin releases, like the play-to-earn Hamster Kombat.Now that $1 million worth of $SLAP has been removed from circulation, the Slapdrop has now officially concluded.Currently, investors have staked well over half a billion $SLAP tokens. Holders have a 14-day window to withdraw their staked tokens and any accrued rewards. After this period, any unclaimed rewards will be permanently removed from circulation. However, it is important to note that the principal staked amounts will not be affected by the burn.<figure class="wp-block-image"><img src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXfr6Q4Clnt36nEgDOK-K36BcRhEphbzVJgpemZhb86V4_08rqW3oBsHd7fXAtSUWS5N-QAGpzYh1YtFabga3R020S_gZi9uF61yvmKw6saHGQIzjp0acvlQZ-XW1NiBWSFtE8kLFA?key=qhcuAMf4vwzNEOz7gW1bGPjI" alt=""></figure>Any unclaimed staking rewards, along with any remaining team-controlled tokens that are not tied to vesting contracts, will be burned on February 14. You can view a countdown to the final megaburn on the <a href="https://insidebitcoins.com/visit/catslap" rel="noopener noreferrer nofollow">Catslap website</a>. The vesting wallets associated with these tokens are transparently listed on the official website (<a rel="noopener noreferrer nofollow">catslaptoken.com/en/slap-drop</a>).As with the last token burn events, the upcoming burn does not impact SLAP drop rewards, which will continue to vest over a 90-day period.<h2 id="h-catslap-slaps-the-2025-meme-coin-scene-sparking-a-potential-gold-rush" class="wp-block-heading">Catslap Set To Lead The Meme Coin Sector, Flip MEOW, MOG, POPCAT</h2>Additionally, the Catslap team has been executing a buyback initiative, purchasing $533,281 worth of tokens (equivalent to over 348 million $SLAP) on the open market to further support the asset’s price.On 4 December 2024, $SLAP reached an all-time high of $0.009478, marking an 8,516% return for early presale investors.And there are some exciting price catalysts still to come. Firstly, the whole industry will benefit from a comprehensive US crypto policy, which the pro-crypto Trump administration is expected to deliver within the next six months.&nbsp;The Catslap presale launched in November 2024 at an initial price of $0.00011, which today has blown up to $0.0014 as of this writing according to <a href="https://www.coingecko.com/en/coins/catslap" rel="noopener noreferrer nofollow">CoinGecko</a>, which gives early investors remarkable 1173% returns.&nbsp;Additionally, the economic effects of Bitcoin’s supply halving last year is likely to work in tandem with the US’s pro-crypto outlook to trigger the start of a bull run that will pull up every reputable altcoin. Catslap is likely to lead the meme coin sector and flip feline stalwarts like MEOW, MOG, Popcat, and Simon’s Cat.<iframe title="This Meme Coin Can 50x in 2024 (LAST CHANCE)" src="https://www.youtube.com/embed/0c0H8w26WWQ?feature=oembed"></iframe>Crypto auditing firm <a href="https://app.solidproof.io/projects/catslap?audit=58e57a2e-b03d-4036-88f6-8a8ea7ca3c7b" rel="noopener noreferrer nofollow">SolidProof</a> checked the Catslap smart contract and found no critical issues, giving investors peace of mind that the project is credible and secure.Buy $SLAP via Web3’s most innovative new wallet <a href="https://insidebitcoins.com/visit/bestwalletpresale" rel="noopener noreferrer nofollow">Best Wallet</a>, which you can download from <a href="https://play.google.com/store/apps/details?id=com.bestwallet.mobile&amp;hl=en_US" rel="noopener noreferrer nofollow">Google Play</a> or the <a href="https://apps.apple.com/ph/app/best-wallet-buy-sell-crypto/id6451312105" rel="noopener noreferrer nofollow">Apple App Store</a>.Join the Catslap community on <a href="https://x.com/catslaptoken" rel="noopener noreferrer nofollow">X</a> and <a href="https://t.me/CatSlap_Token" rel="noopener noreferrer nofollow">Telegram</a> and stand ready for the bounce. Forget about a “dead cat bounce” – this cat coin is alive to the altcoin opportunities ahead.<a href="https://insidebitcoins.com/visit/catslap" rel="noopener noreferrer nofollow">Visit Catslap Token website</a>&nbsp;

Catslap Burns $1M $SLAP, Supercharging Upside Price Potential Ahead Of 2025 Meme Coin Bull Run

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Inside Bitcoins

Další články publikované 31. 1. 2025

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