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New meme coin Catslap (SLAP) surged over 85% within the final 24 hours after a whale purchased nearly $500K value of tokens, igniting hypothesis that the crypto is perhaps listed on main exchanges akin to Coinbase or Binance.
The mega buy of SLAP tokens from a pockets held by Chicago-based proprietary buying and selling home Leap Buying and selling got here after the meme coin’s developer teased a “main announcement” that’s due within the subsequent 48 hours.
That prompted hypothesis that the whale investor is perhaps positioning to capitalize on potential upside ought to the token be listed on a serious alternate.
Each Pepe (PEPE) and Dogwifhat (WIF) have exploded within the month after Coinbase introduced they might be listed on its platform. PEPE has skyrocketed 148% whereas WIF has surged 55%.
SLAP is at present ranked 4th amongst high gainers for the day by CoinGecko and is trending sixth in DexTools’ sizzling pairs.
Leap Buying and selling Snaps Up SLAP Tokens
Thus far, Leap Buying and selling has made 10 SLAP purchases valued at roughly $489,690 collectively. The agency’s first buy was executed on Nov. 23, simply 2 days after the crypto was listed on a decentralized alternate (DEX). Leap Buying and selling has not bought any of its SLAP holdings since.
The buying and selling agency’s newest purchases had been made on Dec. 2, with Leap Buying and selling spending 52 ETH and 49.92 ETH to accumulate extra tokens.
Catslap Launches Slap-To-Earn Performance – Subsequent Hamster Kombat?
Catslap went viral following the launch of the undertaking’s slapping recreation, which shortly turned a world hit. Already greater than 93.4 million slaps have been unleashed by gamers of the sport.
This reputation contributed to the meme coin’s outstanding worth efficiency within the final 2 weeks, permitting Catslap to achieve a completely diluted market cap of just about $50 million.
SLAP has additionally attracted buyers from throughout the globe, with SLAP at present boasting greater than 10.65K holders. Moreover, the younger meme coin’s common day by day buying and selling volumes stands within the thousands and thousands of {dollars}.
Not too long ago, the Catslap group introduced the launch of a play-to-earn performance inside its standard recreation. Gamers will subsequently be capable of earn from each slap carried out in-game.
With this new function, buyers speculate that Catslap may observe within the footsteps of the favored Telegram clicker recreation Hamster Kombat.
The $SLAP that retains on slapping 🔥
Over 61 million slaps worldwide – Earn $SLAP factors and climb the worldwide leaderboard with Slap-2-Earn! https://t.co/yKMt8Y5DM3
😺 9.94k+ Hodlers😻 +2,497% Improve since launch😼 $13.62M Market Cap😸 $146k+ Complete purchased again$SLAP… pic.twitter.com/hW7qJQombV
— CatSlap (@CatSlapToken) December 2, 2024
Hamster Kombat made its debut on a number of respected exchanges, together with Binance and Coinbase. Since coming into the open market, Hamster Kombat’s market cap has soared to over $269 million. Ought to Catslap repeat Hamster Kombat’s success, it may soar 10x.
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