Catslap (SLAP) soars 50% in one day as DOGE and PEPE lose steam

by Stephen Douglas
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Catslap (SLAP) soars % in one day as DOGE and
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Catslap (SLAP) soars 50% in one day as DOGE and PEPE lose steam
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Most cryptocurrencies saw gains last week, but memecoins were a notable exception. Among the five biggest weekly devaluations, three came from memecoins. Even the memecoins that registered an increase, such as Dogecoin (DOGE), lost steam and saw their values ​​decreasing over the days. However, a new cat memecoin has overcome this downward trend and recorded strong gains. This memecoin is Catslap (SLAP).

While other similar coins are plummeting (POPCAT, for example, fell 21% last week), Catslap reached its all-time high at $0.0029. In fact, memecoin soared more than 50% in a single day and saw its market value go from US$1 million to US$21 million.

It’s as if the market knew how to choose them because I had never heard of it before yesterday. Such a move reveals the potential of newly launched tokens and how they can explode in price. Therefore, let’s get to know Catslap and how to acquire this token, available in the Best Wallet wallet.

What really caught Catslap’s attention was its gamified approach. The network has a mechanism called Slapometer that tracks how many “slaps” users have made. Yes, the game has a mechanism that is based on the “tapability” of each player.

What makes SLAP different?

It seems ridiculous, but this model has already generated 1.9 million taps, showing that the community is engaged. According to the project team, Catslap’s goal is to “snap” the largest memecoins in market value.

This entire competitive model, as well as the slapping system, is very addictive from a gaming point of view. Furthermore, having cats as a mascot brings a special charisma to memecoins. It has seen similar growth to CryptoKitties back in the day, when collecting virtual cats was all the rage.

Furthermore, gamification is not just for fun; it keeps people engaged and coming back for more. You know how those mobile games hook you with rewards and levels, making you play again and again? Catslap uses the same concept, including offering rewards via tokens.

Catslap, like other memecoins, has the community aspect in its favor. Even though it is a new token, the project has serious support from cryptocurrency influencers like Alissa Zehra and AltcryptoGems, both with hundreds of thousands of followers.

The project also locked $1.9 million in liquidity for 60 days and its smart contract underwent an audit that revealed no issues. This is pretty solid for a meme coin, which generally has higher risks associated with them.

In terms of numbers, the project’s market value soared from US$1 million at launch to US$23.8 million in just two days. Analysts are even saying it could reach $100 million, which would be crazy.

Catslap (SLAP) soars 50% in one day as DOGE and PEPE lose steam

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