The highly anticipated conclusion of Catslap’s Slapdrop challenge is here, with the announcement of winners scheduled for January 14 at 11 AM UTC on the official Catslap website.

Catslap ($SLAP) stands out as a unique meme coin where holders can accumulate slap points simply by slapping their favorite characters displayed on the homepage. The more slaps you give, the more points you earn.

The top 10 slappers will receive a $10K USDT airdrop. Even participants outside the top 10 will receive $SLAP tokens based on their ranking on the leaderboard.

Aside from slap points, participants were also tasked with completing challenges on Zealy, a platform where brands engage users through reward-based quests.

To earn Zealy points, Catslap enthusiasts had to join the Catslap Zealy page and finish social and on-chain tasks. These Zealy points hold more weight than slap points, with one Zealy point equivalent to 1000 slap points. The more tasks completed on Zealy, the better the chances of making it to the top 10.

This creates two leaderboards: one for slap points and one for Zealy points. According to Catslap’s team on Telegram, Zealy points will be converted to slap points for the final leaderboard list on Tuesday.

To participate in the challenges, users needed an EVM-compatible crypto wallet, but prizes required a Best Wallet crypto address for redemption. Catslap has a partnership with Best Wallet, offering direct token purchases.

Timing the Catslap Dip – Is Now the Time to Buy?

Catslap ($SLAP) launched on the MEXC exchange on December 6, reaching a peak of $0.010546 and providing a 251% return on the same day.

While early investors saw gains of up to 4x, the coin has since dipped by 68%, currently trading below its listing price. The question now is whether this dip presents a buying opportunity.

Catslap entered 2025 with a 45% increase in the first week, positioning itself as a promising meme coin on decentralized exchanges alongside $POPCAT. With upcoming events, the current price may offer an attractive entry point.

For starters, a $1M $SLAP token burn is scheduled for January 31, following a previous burn of $1.18M worth of tokens. Token burns help rebalance supply and demand dynamics, often leading to price increases.

In addition, Catslap’s active buyback program has repurchased $883,637.54 worth of $SLAP tokens, a strategy that further enhances the asset’s value by regulating supply. The project also offers a staking program with up to 30% APY for token holders.

Outlook – Rising Momentum for $SLAP

These factors bode well for the growth of this meme coin, demonstrating the founders’ commitment to establishing Catslap as a prominent player in the meme coin market. With a strong community of over 12K members on X and an active Telegram presence, Catslap is well-positioned for success.

The project has undergone an audit by SolidProof, earning a TrustNet Score of 60.30, indicating its credibility in the Web3 space.

Having generated a remarkable 2,360% return for investors already, acquiring Catslap at the current price of $0.002376 may be an opportunity you won’t want to miss. As always, conduct your own research before investing and make informed decisions.

The post January 14 Approaches: Catslap Meme Coin Introduces $100K Leaderboard as $SLAP Supporters Come Together for Rally after Dip appeared first on Crypto Breaking News.

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Filed under: News - @ January 12, 2025 8:17 am