Catslap (SLAP), the newest Ethereum-based meme coin, has formally launched on the Uniswap decentralized alternate. Inside the first 24 hours, the coin noticed over 1,400 transactions and an astonishing worth surge of greater than 1,500%.
Catslap Unveils Honest Launch and Strategic Token Allocation
Catslap debuted on November 21 at 2 pm UTC, using a good launch mannequin that ensured all merchants had an equal probability to accumulate SLAP tokens on the preliminary worth. The tokenomics of this coin function a complete provide restricted to 9 billion SLAP tokens. In accordance with Catslap’s whitepaper, 50% of the full provide has been allotted for liquidity provision on Uniswap, with the liquidity being locked for 60 days. The leftover SLAP tokens are earmarked for staking rewards, neighborhood incentives, the event fund, and the staff behind the venture.
The staff allocation for Catslap is ready to be vested over ten years.
Relating to staking rewards, Catslap boasts an built-in staking app that empowers token holders to lock their SLAP cash, opening the door to potential earnings. Staking tokens requires a 90-day dedication from the outset. Following the launch of Catslap, the venture’s social channels have skilled a surge in engagement. The venture’s Twitter account has surged to 1,500 followers, and the official Telegram channel is witnessing a big inflow of latest members.
Catslap Buying and selling Metrics & Sport Mechanics
Since its inception, Catslap has seen its worth surge to $0.0019, with the coin’s market cap now reaching a formidable $18.5 million. That signifies a staggering 1,500% surge from its authentic worth. Nonetheless, Catslap surged by greater than 2,000% earlier than experiencing a pullback in the previous few hours.
The token has garnered over 880 holders throughout the globe. SLAP boasts a zero-tax tokenomics mannequin and has undergone a SolidProof sensible contract audit, forming a strong technical framework. Catslap embraces the basic meme coin framework whereas integrating an attractive browser-based recreation that permits customers to just about “slap” Pepe the Frog.
A leaderboard dynamically displays the tally of slaps executed by individuals from every nation in real-time. The leaderboard displays a formidable tally of over 358,000 slaps since its inception. Catslap appeared in a video by the 99Bitcoins staff, the place they evaluated the SLAP token and delved into its launch on Uniswap.