A new cat-themed meme coin is taking the crypto market by storm.
Catslap (SLAP) will start trading on the MEXC exchange this Friday – just over two weeks after it was created.
Some traders are now drawing comparisons to Popcat (POPCAT), which saw explosive gains after it listed on MEXC earlier this year.
Catslap Launches on MEXC This Friday with $50,000 Airdrop Up for Grabs
MEXC has earned its spot as a go-to exchange for new meme coins, now ranking as the 10th biggest crypto trading platform worldwide.
The numbers tell the story – MEXC handles over $10 billion in daily trades and works with more than 10 million users across 170 countries.
And Catslap’s team has just announced it will be the first CEX that SLAP lists on.
However, before SLAP’s official launch this Friday, MEXC will run one of its popular Kickstarter events, which is already live.
Getting involved in this event is straightforward.
Would-be investors must hold 500 MX tokens (MEXC’s native token) and vote on the Catslap project.
As a bonus, the platform will offer $50,000 worth of airdrop rewards to participants – $30,000 in SLAP tokens plus $20,000 in USDT.
.@catslaptoken, crypto’s most aggressive feline, poised to attack even the highest market cap meme coins, is coming to #MEXCKickstarter
Vote with $MX to share massive airdrops
$SLAP/USDT Trading: 2024-12-06 13:00 (UTC)Details: https://t.co/uSzjfMRcxi pic.twitter.com/sxEuNlYHpP
— MEXC (@MEXC_Official) December 5, 2024
Trading for SLAP will then kick off on Friday at 1pm UTC, with withdrawals opening 24 hours later.
Anyone looking to jump in can already start making deposits.
Getting listed on a major exchange like MEXC could be huge for Catslap – potentially opening the door to millions of new traders who might not have had access to the token before.
Could Catslap Follow POPCAT’s Explosive Growth After MEXC Listing?
MEXC has a strong track record for picking winning meme coins – and POPCAT is a prime example,
The popular cat coin is now up over 282,000% since it was created on the Pump.fun platform.
MEXC was one of the first CEXs to list POPCAT after the exchange noted its viral energy.
And after listing on MEXC, POPCAT’s price really began to take off.
Since its listing on April 18th, the coin is up 1,510% – although it was up a whopping 2,360% at its peak in mid-November.
This shows just how important top-tier listings can be for new meme coins.
The added liquidity and exposure often act as rocket fuel for a coin’s price, and Catslap holders hope the same effect propels SLAP to similar heights.
Given that SLAP’s market cap is still just $27 million, there’s every chance it could.
Catslap Passes 13,300 Followers & Posts 4,400% Gains in Just Two Weeks
For a token that’s barely two weeks old, Catslap has made its mark already.
It has attracted over 13,300 holders and maintains strong trading action – $5.7 million moved through Uniswap in the last day alone.
The token’s $6.1 million liquidity pool, with more than half locked up for a month, points to some serious staying power.
And there’s more.
SLAP is now up 4,400% from its initial launch price, but it was up 7,370% at yesterday’s all-time high before cooling off.
The team’s token burn strategy and buyback system seem to be doing their job.
Adding to the excitement, the team is beginning to roll out the highly anticipated “Slap-to-Earn” system, which will reward community members for using the Slapometer.
This development has caught the eye of YouTuber Cilinix Crypto.
He released a video analysis of Catslap earlier this week, speculating that there might be “big moves ahead” for the token.
Cilinix Crypto’s claim seems to be lining up with Catslap’s first CEX listing.
With all this momentum building up to Friday’s MEXC debut, crypto traders are watching closely – hoping that SLAP takes off like POPCAT did earlier this year.
Visit Catslap Site
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