Crypto investors are always looking for the next crypto to explode, and many may have found it earlier this week in Keyboard Cat (KEYCAT). The KEYCAT price practically doubled in the past few days, going from $0.0068 on November 29 to $0.01301 earlier today.
Since then, the price saw a small dip, going back down to $0.012, as the resistance at $0.013 ended up rejecting it. While the price managed to briefly overcome this level, the resistance was not truly broken, which was not surprising, with the rest of the crypto market trading in the red.
Even so, the project managed to break the $100 million market cap thanks to this surge, and even now, with its price slightly down from its earlier milestone, its market cap sits at $119.25.
The meme coin’s price surge took place around the time when Bitcoin skyrocketed beyond $100k per coin.
Being the most dominant crypto in the industry and holding more than half of the total crypto market cap, Bitcoin’s price movement regularly influences the rest of the crypto industry, and KEYCAT is no exception.
However, the project has been known to skyrocket on its own as well, independently of Bitcoin’s price movement, which is what happened in mid-November, when KAYCAT hit an all-time high at $0.01787.
This happened on November 16, at a time when BTC was struggling to breach the resistance at $90k.
This suggests that KEYCAT has its own will and investment community, and is not just blindly following Bitcoin’s trends. However, while the token has been quite successful in recent times, it recently found a cat-based competitor called Catslap (SLAP), which may attract cat-meme coin enthusiasts thanks to its new model, and could be the next crypto to explode.
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Catslap Skyrockets 23% After Announcing Its First CEX Listing
Catslap is a young new meme coin that only emerged recently, in late November. However, it immediately captivated the attention of the meme coin community, many of whom view it as the next crypto to explode.
The token introduced a mini-game on its website that allows you to slap various entities, such as Chris Rock, Pepe The Frog, and Kamala Harris.
The game is simple — a single click makes the cat slap the selected entity — but it is quite amusing and it immediately started attracting players.
Within days, its Slapometer recorded 10 million slaps, which the project celebrated by burning 10 million SLAP tokens
After that, it introduced a new model called Slap-To-Earn, which lets you connect your wallet to its platform and earn SLAP by playing the game.
Two days later, the Slapometer’s total number of slaps read 100 million, which was celebrated by another massive token burn, this time locking away 100 million SLAP tokens forever.
It has been another two days since then, and the Slapometer currently sits at 233.6 million recorded slaps, while the token regularly records new milestones in the number of token holders, participants in the game, the size of liquidity pool, and other aspects.
Not only that, but it had a countdown on its website over the past few weeks, counting days, hours, and minutes to a massive announcement that the project said would have a big impact on the SLAP price.
The countdown finally reached zero yesterday, which is when Catslap unveiled its first major listing on MEXC — one of the top 10 largest crypto exchanges in the world.
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Immediately after, however, the countdown reset to 2 weeks and is now counting down to the next big announcement, which many speculate might include a Coinbase or Binance listing.
Whatever the next big revelation may be, the fact is that Catslap is one of the most popular meme coins currently, which is why many are buying SLAP now while it is still considered a small-cap coin with only $30 million.
If this truly is the next crypto to explode, its market cap and value are likely to blow up during the next rally and propel the project higher than ever before.
