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 good points 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 largest crypto buying and selling platform worldwide.
The numbers inform the story – MEXC handles over $10 billion in day by day trades and works with greater than 10 million customers throughout 170 international locations.
And Catslap’s staff 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 considered one of its standard Kickstarter occasions, which is already reside.
Getting concerned on this occasion is easy.
Would-be buyers should maintain 500 MX tokens (MEXC’s native token) and vote on the Catslap challenge.
As a bonus, the platform will provide $50,000 value of airdrop rewards to individuals – $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 serious alternate like MEXC might be big for Catslap – probably opening the door to tens of millions of latest merchants who won’t have had entry to the token earlier than.
May Catslap Comply with POPCAT’s Explosive Development After MEXC Itemizing?
MEXC has a robust observe report for selecting successful 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 checklist POPCAT after the alternate famous its viral power.
And after itemizing on MEXC, POPCAT’s worth 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 exhibits simply how necessary top-tier listings could be for brand new meme cash.
The added liquidity and publicity usually act as rocket gas for a coin’s worth, and Catslap holders hope the identical impact propels SLAP to related heights.
On condition that SLAP’s market cap remains to be simply $27 million, there’s each probability it might.
Catslap Passes 13,300 Followers & Posts 4,400% Good points in Simply Two Weeks
For a token that’s barely two weeks previous, Catslap has made its mark already.
It has attracted over 13,300 holders and maintains sturdy buying and selling motion – $5.7 million moved by means 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 worth, however it was up 7,370% at yesterday’s all-time excessive earlier than cooling off.
The staff’s token burn technique and buyback system appear to be doing their job.
Including to the thrill, the staff is starting to roll out the extremely anticipated “Slap-to-Earn” system, which can reward neighborhood members for utilizing the Slapometer.
This improvement has caught the attention of YouTuber Cilinix Crypto.
He launched a video evaluation of Catslap earlier this week, speculating that there is perhaps “huge 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 intently – hoping that SLAP takes off like POPCAT did earlier this yr.
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