Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.
Catslap prepares for $1M token burn today, boosting price and excitement around slap-to-earn and Zealy quests.
Table of Contents
The buzz surrounding Catslap (SLAP) continues to grow as the team gears up for the next big event in the project’s history: a $1 million token burn scheduled for today.
This strategic move aims to bolster the token’s price as the community continues to engage in the innovative Slap-to-Earn and Zealy quests airdrop campaigns.
Catslap’s team announced this monumental token burn via a post on X yesterday, solidifying their commitment to driving value for SLAP holders.
They also revealed the end date for the first slap-to-earn season, which will draw to a close on January 10th next year. The top 10 slappers will earn a slice of a $100k USDT prize pool, which has prompted a new flurry of slapping activity.
$1 million Catslap token burn and its impact
So far, 140 million SLAP tokens, valued at $456,500, have been removed from circulation based on the burn dashboard. After today’s additional $1 million burn, the total burn amount will be close to $1.5 million, significantly reducing token supply and setting the stage for a potential price rally.
Adding to this effort is Catslap’s ongoing buyback program, which executes token buybacks every 20 minutes. To date, the program h
Go to Source to See Full Article
Author: Guest Post
