Katherine Thomas
Active member
Just saw that CatSlap ($SLAP) burned $1 million worth of tokens, aiming to boost scarcity and (hopefully) drive up value. Moves like this can be a game-changer, especially in the meme coin space, where supply and hype play a huge role. But at the same time, I wonder—was this the right move for CatSlap?
On one hand, token burns can increase demand by reducing supply, but on the other, if a project isn’t gaining real adoption, does it really make a difference? There have been plenty of meme coins that pulled off massive burns, only for the price action to remain underwhelming.
What do you guys think—was this burn a strategic move that will benefit $SLAP holders, or just another marketing play? Would love to hear thoughts, especially from anyone who’s been tracking the project closely.
#CatSlap #MemeCoins #TokenBurn #CryptoDiscussion #Altcoins #Next100x
On one hand, token burns can increase demand by reducing supply, but on the other, if a project isn’t gaining real adoption, does it really make a difference? There have been plenty of meme coins that pulled off massive burns, only for the price action to remain underwhelming.
What do you guys think—was this burn a strategic move that will benefit $SLAP holders, or just another marketing play? Would love to hear thoughts, especially from anyone who’s been tracking the project closely.
#CatSlap #MemeCoins #TokenBurn #CryptoDiscussion #Altcoins #Next100x