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New Meme Coin Catslap ($SLAP) Launches on Uniswap DEX
Debuting with a 1,500% price surge, Catslap's fair launch employs strategic token distribution for liquidity and community growth.
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Berlin, Germany, November 22nd, 2024, Chainwire – Catslap (SLAP), a new Ethereum-based meme coin, has launched on the Uniswap DEX. The coin debuted with 1,400+ transactions in the first 24 hours, with its price rising over 1,500%.
Catslap Debuts with Fair Launch & Strategic Token Distribution
Catslap launched on November 21 at 2pm UTC through a fair launch model, where all traders had equal opportunity to buy SLAP tokens at the initial price. The coin’s tokenomics structure includes a total supply capped at 9 billion SLAP. As outlined in Catslap’s whitepaper, half of the supply has been used to provide liquidity on Uniswap, and liquidity has been locked for 60 days. The remaining SLAP tokens will be used for staking rewards, community rewards, the development fund, and the development team.
Catslap’s team allocation will be vested for ten years.
Regarding the staking rewards, Catslap features a built-in staking app that allows token holders to lock up their SLAP coins to potentially earn. Tokens must initially remain staked for 90 days. Catslap’s social channels have seen engagement following the coin’s launch. The project’s Twitter page has grown to 1,500 followers, while the official Telegram channel has seen many new members.
Catslap Trading Data & Gameplay Features
Since its launch, Catslap’s price has risen to $0.0019, and the coin’s market cap has expanded to $18.5 million. That represents a 1,500% increase from its initial price. However, Catslap was up by over 2,000% before pulling back in the past few hours.
The token has also attracted 880+ holders worldwide. Its zero-tax tokenomics and SolidProof smart contract audit are part of SLAP’s technical framework. Catslap follows the traditional meme coin model yet includes a browser-based game where users can virtually “slap” Pepe the Frog.
A leaderboard tracks the number of slaps conducted by members of each country in real-time. The leaderboard shows 358,000+ slaps since launch. Catslap was also featured in a video from the 99Bitcoins team, which reviewed the SLAP token and discussed its Uniswap launch.
About Catslap
Catslap is a meme coin on Ethereum that features a browser-based game where users can “slap” with an animated cat. It was listed on the Uniswap DEX on November 21 via a fair launch approach. Users can visit the Catslap website here.
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