Catslap ($SLAP) is making headlines as it approaches a significant milestone in its Initial Coin Offering (ICO) – a token burn scheduled for January 31, 2025. This meme-based cryptocurrency is set to burn an additional one million dollars worth of tokens, which is expected to positively impact its market value.
A Massive Burn for $SLAP
To date, a total of 466.5 million $SLAP tokens have been burned, translating to a net value of $672,400 for token holders. The upcoming burn event will potentially have a value nearly double that of previous burns.
This action follows the recent Slapdrop event, where the top ten participants in the Slap-to-Earn competition shared a prize pool of $100,000. Moreover, all Slapdrop participants who completed social quests on Zealy and submitted their Best Wallet address have been receiving rewards in $SLAP tokens since January 16, 2025.
Key Dates for $SLAP Token Holders
The following are important dates outlined by Catslap for optimal management of the circulating supply:
- January 31: Burn of one million dollars worth of $SLAP tokens.
- February 14: Burn of all unclaimed rewards and tokens controlled by the team that are unrelated to acquisition contracts.
It’s important to note that this burn operation will not affect the rewards from the SLAPdrop; beneficiaries will continue to receive their rewards gradually over a period of 90 days. Catslap’s team has also repurchased 348 million $SLAP tokens, equivalent to $503,153, to support the token’s momentum.
Catslap ($SLAP): Heading Towards a Bullish Rebound?
The cryptocurrency landscape is poised for growth, anticipated to be boosted by incoming regulatory frameworks associated with the Trump 2.0 administration. In this environment, low-cap meme coins like Catslap, which employ price-support mechanisms, are expected to thrive. Since its launch in November 2024 at a presale price of $0.00011, early investors have enjoyed a return of 1,213%. As of this writing, the price of $SLAP stands at $0.001444 on the centralized exchange MEXC.
How to Buy $SLAP
Interested in acquiring $SLAP? You can purchase it via the innovative Web3 wallet, Best Wallet. The buying process is streamlined for ease of use. If you haven’t downloaded the app yet, it’s available on Google Play and Apple App Store.
For more updates on Catslap, consider joining their community on X and Telegram.
Cryptocurrency assets represent a high-risk investment.
Disclaimer: Cryptocurrencies are a high-risk asset class. This article is provided for informational purposes only and does not constitute investment advice. You may lose your entire capital.

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