A brand new cat-themed meme coin is taking the crypto market by storm.
Catslap (SLAP) will begin buying and selling on the MEXC alternate this Friday – simply over two weeks after it was created.
Some merchants are actually drawing comparisons to Popcat (POPCAT), which noticed explosive positive factors after it listed on MEXC earlier this yr.
Catslap Launches on MEXC This Friday with $50,000 Airdrop Up for Grabs
MEXC has earned its spot as a go-to alternate for brand new meme cash, now rating because the tenth greatest crypto buying and selling platform worldwide.
The numbers inform the story – MEXC handles over $10 billion in every day trades and works with greater than 10 million customers throughout 170 nations.
And Catslap’s group has simply introduced it is going to be the primary CEX that SLAP lists on.
Nonetheless, earlier than SLAP’s official launch this Friday, MEXC will run one in every of its widespread Kickstarter occasions, which is already dwell.
Getting concerned on this occasion is easy.
Would-be buyers should maintain 500 MX tokens (MEXC’s native token) and vote on the Catslap venture.
As a bonus, the platform will provide $50,000 value of airdrop rewards to contributors – $30,000 in SLAP tokens plus $20,000 in USDT.
.@catslaptoken, crypto’s most aggressive feline, poised to assault even the very best market cap meme cash, is coming to #MEXCKickstarter
Vote with $MX to share huge airdrops
$SLAP/USDT Buying and selling: 2024-12-06 13:00 (UTC)Particulars: https://t.co/uSzjfMRcxi pic.twitter.com/sxEuNlYHpP
— MEXC (@MEXC_Official) December 5, 2024
Buying and selling for SLAP will then kick off on Friday at 1pm UTC, with withdrawals opening 24 hours later.
Anybody seeking to leap in can already begin making deposits.
Getting listed on a significant alternate like MEXC could possibly be big for Catslap – doubtlessly opening the door to hundreds of thousands of recent merchants who may not have had entry to the token earlier than.
Might Catslap Comply with POPCAT’s Explosive Progress After MEXC Itemizing?
MEXC has a robust observe file for choosing profitable meme cash – and POPCAT is a chief instance,
The favored cat coin is now up over 282,000% because it was created on the Pump.enjoyable platform.
MEXC was one of many first CEXs to listing POPCAT after the alternate famous its viral power.
And after itemizing on MEXC, POPCAT’s value actually started to take off.
Since its itemizing on April 18th, the coin is up 1,510% – though it was up a whopping 2,360% at its peak in mid-November.
This reveals simply how essential top-tier listings will be for brand new meme cash.
The added liquidity and publicity typically act as rocket gasoline for a coin’s value, and Catslap holders hope the identical impact propels SLAP to related heights.
Provided that SLAP’s market cap remains to be just $27 million, there’s each probability it may.
Catslap Passes 13,300 Followers & Posts 4,400% Positive factors in Simply Two Weeks
For a token that’s barely two weeks outdated, Catslap has made its mark already.
It has attracted over 13,300 holders and maintains robust buying and selling motion – $5.7 million moved by way of Uniswap within the final day alone.
The token’s $6.1 million liquidity pool, with greater than half locked up for a month, factors to some severe endurance.
And there’s extra.
SLAP is now up 4,400% from its preliminary launch value, however it was up 7,370% at yesterday’s all-time excessive earlier than cooling off.
The group’s token burn technique and buyback system appear to be doing their job.
Including to the joy, the group is starting to roll out the extremely anticipated “Slap-to-Earn” system, which can reward group members for utilizing the Slapometer.
This growth has caught the attention of YouTuber Cilinix Crypto.
He launched a video evaluation of Catslap earlier this week, speculating that there is likely to be “massive strikes forward” for the token.
Cilinix Crypto’s declare appears to be lining up with Catslap’s first CEX itemizing.
With all this momentum constructing as much as Friday’s MEXC debut, crypto merchants are watching carefully – hoping that SLAP takes off like POPCAT did earlier this yr.
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