How to Buy Catslap (SLAP) – Easy Guide
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If you’re looking to invest in the cat meme coin narrative, you’ve likely missed the boat on Popcat, Mog Coin, and cat in a dogs world. Instead, consider a micro-cap project at the very start of its journey.
Catslap (SLAP) fits this criteria. It’s a brand-new meme coin based on an aggressive cat. Catslap is valued at under $14 million, meaning an attractive valuation for first-time buyers.
This beginner’s guide explains how to buy Catslap safely and cost-effectively. Read on to purchase SLAP while it’s still available at rock-bottom prices.
Catslap (SLAP): Quick Overview
- Brand-New Meme Coin: Catslap is a brand-new meme coin that launched in the past two days. It’s based on a cat that enjoys slapping people, which is already proving to be a strong narrative. After all, SLAP has increased by over 2,600% since its inception.
- Sub-$14 Million Market Cap: Catslap could be one of the best micro-cap cryptocurrencies to buy right now. Its market capitalization is currently less than $14 million. This provides high-risk investors with the opportunity to target significant growth.
- Cat-Themed Coins are Pumping: One of the strongest narratives in the current market cycle is cat-themed projects. Popcat, Mog Coin, and many other tokens have exploded in recent months. Investing in trending niches is a proven tactic used by crypto whales.
How to Buy Catslap (SLAP) – A Simple Guide for Beginners
Catslap currently trades on just one exchange – Uniswap. This is a decentralized exchange (DEX), which might not be suitable for beginners. With this in mind, Catslap has partnered with Best Wallet, a user-friendly wallet app offering non-custodial storage.
This means Best Wallet users can buy SLAP from their balance, rather than needing to engage with Uniswap liquidity pools. This is why the following guide shows the process with Best Wallet.
Step 1: Get Best Wallet
It takes minutes to get started with Best Wallet. You can download the Android/iOS app for free from the Best Wallet website. Simply click the “Download Best Wallet” button and scan the QR code.
This will take you to the official download page for Google Play or the App Store. Now open the Best Wallet app and choose a PIN. Write down the backup passphrase when prompted, and ensure you set up two-factor authentication (2FA).
Step 2 – Buy ETH
You need some ETH coins to invest in Catslap. This is because the only Catslap pair on Uniswap is SLAP/WETH.
The good news is that you can buy ETH without leaving the Best Wallet app. The minimum investment is just $8.42 and accepted payment methods include debit/credit cards, Skrill, Neteller, and Revolut.
Plus, partnered fiat providers often accept no-KYC purchases, so you won’t be asked for ID documents.
Step 3 – Go to the Upcoming Tokens Section on Best Wallet
You’ve not got ETH, so you’re ready to buy Catslap. Look for the “Upcoming Tokens” section.
This displays new cryptocurrencies and upcoming presale launches. Click “Catslap” when you see it.
Step 4 – Decide How Much SLAP Tokens to Buy
Carefully consider how much you want to risk on Catslap, ensuring modest amounts are used. While Catslap could be the next crypto to explode, it’s a highly risky investment. Especially considering its micro-cap valuation.
In our view, you should only risk amounts that you’re comfortable losing. And certainly never invest money you might need for day-to-day expenses.
Step 5 – Buy Catslap
Type in the amount of ETH you want to exchange for SLAP. You can use your entire ETH balance, but ensure there’s enough to cover the Ethereum GAS fee.
Finally, confirm the purchase. Best Wallet will immediately execute the trade, meaning SLAP tokens should shortly appear in your balance.
How to Stake SLAP Tokens?
Ready to enjoy passive rewards via a 40% APY?
Staking SLAP tokens takes seconds:
- Visit the Catslap website and click “Staking”
- Click the “Buy and Stake” button.
- Choose “Best Wallet” as the wallet provider
- Open Best Wallet and confirm the connection to Catslap
- The Catslap website will recognize your SLAP holdings
- Confirm the staking agreement to begin earning
You can unstake at any time, but there is a seven-day grace period. You can avoid the grace period by burning some of the staked SLAP.
How to Ensure Safety and Avoid Scams When Buying SLAP
Investing in Catslap should be a safe experience. However, even the smallest error can be costly.
These best practices and tips should be followed to avoid common mistakes.
Contract Address Verification
- If you’re buying Catslap directly on the Uniswap exchange, caution is advised. Scammers have created multiple versions of SLAP, meaning you could be buying the wrong tokens.
- To counter this risk, ensure you search for the contract address rather than “Catslap” manually.
- Catslap contract address: 0xF107edABF59ba696E38DE62Ad5327415Bd4D4236
- The above contract address is unique to the project.
Official Websites
- Another common mistake is visiting the incorrect Catslap website. In doing so, you could be tricked into connecting your wallet. This is certain to drain the wallet’s contents.
- The official Catslap website is: https://catslaptoken.com/
- Similarly, if you’re using Best Wallet to invest, only download the app from its website.
- The official Best Wallet website is: https://bestwallet.com/en
Micro-Cap Meme Coins are High-Risk
- Meme coins can produce life-changing returns. But they’re also extremely risky. The value of your Catslap investment could go to zero. After all, a recent study found that over 97% of meme coin launches fail.
- These risks are amplified when buying a micro-cap asset like SLAP. Even a modest token sale could vastly impact its price.
- Therefore, ensure you employ risk management strategies like dollar-cost averaging and diversification.
What Is Catslap?
Catslap is a new crypto token and one of the top cat meme coins to watch. It launched just two days ago and has already produced gains of over 2,600%.
Catslap, which is based on a “cat that likes to slap,” was directly listed on Uniswap, ensuring a fair token launch. It has a total supply of 9 billion tokens and operates on the Ethereum blockchain.
Catslap has a small market capitalization of under $14 million. This is ideal for investors preferring high-risk, high-return tokens. After all, some of the biggest cat coins are already valued at over $1 billion, so the upside for SLAP could be substantial.
Catslap Tokenomics
Catslap’s tokenomics are found below:
| Allocation | Percentage | Description |
| Liquidity | 50% | Added directly to the Uniswap liquidity pool for a fair launch |
| Staking Rewards | 20% | Enables holders to earn passive rewards via a 40% APY |
| Community Rewards | 10% | Reserved for token holders who help the community grow |
| Development Fund | 10% | Required for ongoing development and potential use cases |
| Team | 10% | Ensures the team is motivated long-term, with a 10-year vesting |
Has Catslap Been Audited?
Catslap has been audited by SolidProof. The audit confirms that ownership has been renounced, ensuring the project is legitimate and community-focused.
Reasons to Invest in Catslap
These are key investment benefits provided by the Catslap project:
- Be an Early Buyer: As mentioned, SLAP tokens have been trading for under 48 hours, so you could be one of the earliest investors. This means you’re backing the project from the ground up.
- Rapid Start: SLAP has already increased by over 2,600% from its initial listing price. Even so, the SLAP price currently trades more than 40% below all-time highs.
- $14 Million Market Cap: Catslap has one of the lowest market capitalizations in the cat-themed niche. At less than $14 million, some analysts predict that SLAP could be the next 100x crypto.
- Solid Tokenomics: Not only did Catslap opt for a fair token launch, but the smart contract has also been audited and renounced. Moreover, 50% of the maximum supply has been deposited into a locked liquidity pool, which is currently valued at $2.1 million.
- 40% APYs: While many meme coin investors take a short-term approach, Catslap is also suitable for long-term buyers. It offers staking rewards at a 40% APY, meaning free tokens simply for holding.
Main Factors That Will Influence the SLAP Price Potential
Consider these key factors, which could have a major impact on the SLAP price:
- Cat Narrative: We’ve established that cat meme coins are on the biggest narratives right now. However, narratives come and go in crypto. Therefore, investors should keep an eye on existing and future trends.
- Exchange Listings: SLAP only trades on Uniswap, so it doesn’t have access to the broader markets. The team must secure centralized listings, especially tier-one platforms like KuCoin and Binance.
- Price Performance: Crypto whales often focus on top-performing tokens, so SLAP must continue its strong momentum. This can also create hype with retail clients, who often purchase meme coins that outperform the market.
- Influential YouTubers: The SLAP price could explode if the project is picked up by influential crypto YouTubers. Particularly those with a substantial following.
- Market Conditions: Another important factor is general market conditions. If Bitcoin does well, so does the wider altcoin space. Profits then filter down to smaller, more risky projects like Catslap.
Conclusion
Catslap is one of the most exciting crypto launches in recent months. It’s a micro-cap token from the cat-themed narrative, which continues to outperform the market benchmark.
Plus, Catslap is already enjoying strong price momentum, with gains of over 2,600% since launching less than two days ago. However, don’t forget the risks, as there’s no guarantee that Catslap will produce further success.
FAQs
What is Catslap (SLAP)?
What chain is Catslap on?
How many SLAP tokens are there?
Does Catslap offer staking?
Did Catslap have a presale?
References
- Catslap whitepaper (Catslap)
- Memecoins are the hottest sector in crypto—but 97% of them are already dead (Yahoo! Finance)
- Micro-caps: Are they worth the risk? (Morningstar)
- Catslap audit (SolidProof)
- The case for altcoins and memes as bitcoin, now approaching $100,000, faces a potential correction (CNBC)
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