Catslap’s Slap-to-Earn ‘Slapdrop’ Has Concluded, With $100K USDT Up for Grabs

Catslap’s Slap-to-Earn ‘Slapdrop’ has concluded, and the website’s leaderboard will unveil the 10 winners set to share $100,000 USDT on Tuesday, January 14.

The top 10 slappers will each be airdropped their $10,000 USDT share of the prize pool next week. To be eligible for the Slapdrop rewards participants had to be $SLAP token holders and register their address using the Best Wallet app as part of the Zealy campaign.

Those who didn’t reach a top 10 position in the leaderboard can still claim $SLAP rewards from the website.

Catslap’s Slap-to-Earn protocol rewards users with $SLAP tokens for completing tasks on Zealy and slapping on the website. There are two leaderboards, which the team will merge before reviewing the eligibility criteria of all participants.

According to Telegram team messaging, merging the Zealy and website leaderboard will take place over the next few days in one process, which is why wallets are still showing the status ‘in review’.

All Zealy points are converted to $SLAP points at a ratio of 1XP = 1000 slap points, and then merged into the Catslap website leaderboard to establish the overall scores and which wallets will fall into the prize categories.

$SLAP Will Burn $1 Million Tokens On January 31

News released last week that Catslap will burn $1 million $SLAP tokens on January 31 is likely to keep bulls in a buoyant mood.

In addition to the Slapdrop and the $1 million burn, there have already been 466,5 million tokens burned so far valued at $1,262,056, according to the Catslap burn tracker dashboard.

The team has also been executing a buyback program in which tokens valued at $934,606.47 (345.4 million $SLAP) have been bought on the open market, providing further support for the token price.

A staking feature enables those who deposit into the staking contract to earn returns of 30% a year.

Early $SLAP Buyers Turned $500 Into $14,000 – 100x ROI Incoming?

The start of the new year is when investors tend to rebalance their portfolios by taking account of where the winners and losers are and the necessary adjustments to continue growing value.

Small-cap meme coins such as Catslap fit the bill for inclusion in a diversified crypto portfolio because of the features explored above that give it much better risk-reward potential than meme coin competitors like Simon’s Cat, MEW and Popcat.

In a sign of its traction in the crypto space, Catslap now has more than 21,450 addresses holding its $SLAP tokens in self-custody wallets and a combined social following totaling 18,500. Catslap listed on decentralized exchanges on November 21, 2024.

Fully diluted market cap sits at $21.5 million and liquidity in the SLAP/WETH trading pair is $3.6 million of which 54% is locked for six months.

According to YouTuber ClayBro with 134k subscribers, Catslap is the sort of viral meme coin that could 100x. A small investment of $500 when Catslap launched would be worth $14,000 today.

Don’t miss out on the next pump – a date for the Season 2 airdrop could be coming soon from the team and there’s that $1 million burn set to boost the price on 31 January.

Take The Opportunity To Buy The $SLAP Dip

As the most successful investors know, nothing goes up in a straight line forever, so buying the dip in crypto prices can be a winning strategy, provided you pick the right coins.

With its burns, buybacks, staking, Slap-to-Earn protocol and its viral slap game, Catslap fits the bill as the right pick to win big in the meme coin sector this year.

Currently priced at $0.00270611 on the MEXC centralized exchange, $SLAP has returned +2,360% since launch, with much more upside to come.

You can buy $SLAP on the trusted and innovative Web3 wallet Best Wallet. If you don’t already have the wallet app, you can download it from Google Play or the Apple App Store to get started.

Join the Catslap community on X and Telegram to stay up to date on the next Popcat.