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<p class="is-style-lead">Catslap prepares for $1M token burn today, boosting price and excitement around slap-to-earn and Zealy quests.</p> 
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   <li><a href="#1-million-catslap-token-burn-and-its-impact">$1 million Catslap token burn and its impact</a></li>
   <li><a href="#engagement-soars-through-slap-to-earn-and-zealy-quests">Engagement soars through slap-to-earn and Zealy quests</a></li>
   <li><a href="#catslaps-community-and-influencer-backing">Catslap’s community and influencer backing</a></li>
   <li><a href="#whats-next-for-catslap">What’s next for Catslap?</a></li>
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<p>The buzz surrounding <a href="https://cryptopostal.care/b_catslap-en_1003?referrer=meme-coin-catslap-burns-$1-million-$slap-tokens-potential-price-surge-ahead" target="_blank">Catslap (SLAP)</a> continues to grow as the team gears up for the next big event in the project’s history: a $1 million token burn scheduled for today.&nbsp;</p> 
<p>This strategic move aims to bolster the token’s price as the community continues to engage in the innovative Slap-to-Earn and <a href="https://zealy.io/cw/catslap/questboard?invitationId=wBUjug8xzMhxc_aEWNpQb" target="_blank">Zealy quests</a> airdrop campaigns.</p> 
<p>Catslap’s team announced this monumental token burn via a <a href="https://x.com/CatSlapToken/status/1869700705097060665" target="_blank">post on X</a> yesterday, solidifying their commitment to driving value for SLAP holders.&nbsp;</p> 
<p>They also revealed the end date for the first slap-to-earn season, which will draw to a close on January 10th next year. The top 10 slappers will earn a slice of a $100k USDT prize pool, which has prompted a new flurry of slapping activity.&nbsp;</p> 
<h2 class="wp-block-heading" id="1-million-catslap-token-burn-and-its-impact">$1 million Catslap token burn and its impact</h2> 
<p>So far, 140 million <a href="https://crypto.news/meme-coin-catslap-rallies-46-after-slap-to-earn-and-token-burn-announcements/" target="_blank">SLAP</a> tokens, valued at $456,500, have been removed from circulation based on the <a href="https://catslaptoken.com/en/burn" target="_blank">burn dashboard</a>. After today’s additional $1 million burn, the total burn amount will be close to $1.5 million, significantly reducing token supply and setting the stage for a potential price rally.</p> 
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 <img loading="lazy" decoding="async" width="912" height="454" src="https://crypto.news/app/uploads/2024/12/1-51.png" alt="Popcat, Mog Coin rival Catslap burns $1M SLAP tokens; potential price surge ahead - 5" class="wp-image-14321234">
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<p>Adding to this effort is Catslap’s ongoing buyback program, which executes token buybacks every 20 minutes. To date, the program has removed 124 million SLAP tokens from circulation.&nbsp;</p> 
<p>The combined effect of the token burn and buybacks caused a 7.5% uptick in the SLAP price yesterday defying the current market trend.&nbsp;</p> 
<p>However, the price has dropped slightly again alongside other top cryptos. This is on-trend for both the market conditions and token burns which often have a more long-term price impact.&nbsp;</p> 
<p>Normally, it takes a while for the true effect of the new scarcity to be felt, and we could see a strong <a href="https://cryptopostal.care/b_catslap-en_1003?referrer=meme-coin-catslap-burns-$1-million-$slap-tokens-potential-price-surge-ahead" target="_blank">SLAP</a> price rally in the coming weeks after the broader market readjusts.&nbsp;</p> 
<h2 class="wp-block-heading" id="engagement-soars-through-slap-to-earn-and-zealy-quests">Engagement soars through slap-to-earn and Zealy quests</h2> 
<p>Catslap’s community engagement has been a key driver of its success. The slap-to-earn season 1 campaign, set to end on January 10, 2025, has attracted headline-worthy levels of participation.&nbsp;</p> 
<p>The Slapometer has recorded a staggering 1.239 billion slaps, thanks to a combination of on-site slapping activities and the Zealy Community Slapdrop Campaign.</p> 
<p>Participants in the Slapdrop campaign can climb leaderboards for a chance to win a share of the $100,000 prize pool. Beyond the top 10 leaderboard positions, all eligible participants will receive SLAP tokens based on their ranking.&nbsp;</p> 
<p><a href="https://twitter.com/CatSlapToken/status/1869700705097060665" target="_blank">https://twitter.com/CatSlapToken/status/1869700705097060665</a></p> 
<p>The Zealy leaderboard alone has over 500 community members taking part. The integration of on-site slapping with Zealy’s quest-tracking platform introduces a unique XP-to-SLAP exchange rate: 1 XP earned on Zealy equates to 1,000 slaps on the website.&nbsp;</p> 
<p>To participate, users must first hold <a href="https://cryptopostal.care/b_catslap-en_1003?referrer=meme-coin-catslap-burns-$1-million-$slap-tokens-potential-price-surge-ahead" target="_blank">SLAP tokens</a> and complete the “Best Wallet Address” quest on Zealy. Then, there’s a range of quests available to earn thousands of slaps and boost your placement on the leaderboard.</p> 
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 <img loading="lazy" decoding="async" width="916" height="792" src="https://crypto.news/app/uploads/2024/12/2-21.png" alt="Popcat, Mog Coin rival Catslap burns $1M SLAP tokens; potential price surge ahead - 6" class="wp-image-14321235">
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<p>Verification processes for wallet addresses submitted through Zealy may take some time, as announced in a Telegram update.</p> 
<p> You might also like: <a rel="" href="https://crypto.news/dogecoin-and-mog-coin-slide-traders-move-to-catslap/"> Dogecoin and Mog Coin slide, traders move to Catslap </a> </p> 
<h2 class="wp-block-heading" id="catslaps-community-and-influencer-backing">Catslap’s community and influencer backing</h2> 
<p>The Catslap community has grown rapidly, with over 20,000 non-custodial wallet holders and $3.8 million in token liquidity — 54% of which is locked for six months.&nbsp;</p> 
<p>Influencers like YouTuber ClayBro, who boasts a following of 134,000, have expressed optimism about the token’s price trajectory, further fueling anticipation.</p> 
<figure class="wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio">
 <div class="wp-block-embed__wrapper"> <iframe title="CatSlap Just Announced The Biggest Burn I Could Imagine! Less Than 24 Hours Away" width="1020" height="574" src="https://www.youtube.com/embed/-pNWvTJPRF0?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen></iframe> 
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<p>On <a href="https://coinmarketcap.com/currencies/catslap/" target="_blank">CoinMarketCap</a>, the community sentiment is overwhelmingly positive, with 93% of voters bullish about Catslap.&nbsp;</p> 
<p>For those looking to join the Catslap frenzy, SLAP tokens are available to buy on <a href="https://www.mexc.com/en-GB/exchange/SLAP_USDT" target="_blank">MEXC</a>, KCEX, <a href="https://bestwallet.com/" target="_blank">Best Wallet</a>, the Catslap website’s exchange widget, and Uniswap DEX.&nbsp;</p> 
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 <img loading="lazy" decoding="async" width="913" height="390" src="https://crypto.news/app/uploads/2024/12/3-5.png" alt="Popcat, Mog Coin rival Catslap burns $1M SLAP tokens; potential price surge ahead - 7" class="wp-image-14321236">
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<p>The project has been audited by <a href="https://app.solidproof.io/projects/catslap?audit=58e57a2e-b03d-4036-88f6-8a8ea7ca3c7b" target="_blank">SolidProof</a> and boasts a 99/99 reliability score on DEXtools.</p> 
<h2 class="wp-block-heading" id="whats-next-for-catslap">What’s next for Catslap?</h2> 
<p>As the token burn begins, excitement within the Catslap ecosystem is building. Today’s burn could mark a turning point for <a href="https://cryptopostal.care/b_catslap-en_1003?referrer=meme-coin-catslap-burns-$1-million-$slap-tokens-potential-price-surge-ahead" target="_blank">SLAP holders</a>, offering a unique opportunity to capitalize on potential price momentum in the coming days.&nbsp;</p> 
<p>With season 1 of slap-to-earn and Zealy quests in full swing and the leaderboard competition heating up, we could see even higher levels of engagement as the community vies for the top spot.&nbsp;</p> 
<p>To learn more, visit the <a href="https://crypto-news.care/b_catslap-en_1623?referrer=viral-meme-coin-catslap-rallies-48-after-slap-to-earn-and-token-burn-announcements---cex-listing-next" target="_blank">CatSlap website</a>, <a href="https://x.com/catslaptoken" target="_blank">X</a> or join its <a href="https://t.me/CatSlap_Token" target="_blank">Telegram</a> for the latest updates.</p> 
<p> Read more: <a rel="" href="https://crypto.news/meme-coin-catslap-rallies-46-after-slap-to-earn-and-token-burn-announcements/"> Meme coin Catslap rallies 46% after slap-to-earn and token burn announcements </a> </p> 
<p> Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company. </p>

Popcat, Mog Coin rival Catslap burns $1M SLAP tokens; potential price surge ahead

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