DeFI News by Thebittimes.Com

New meme coin Catslap (SLAP) is taking the crypto market by storm after its price skyrocketed 3,297% in just the last 4 days, prompting comparisons with the viral Telegram clicker game Hamster Kombat. Players have been flocking to Catslap  to compete with other players and climb the game’s Slapometer. According to the project’s website, more than 6.16 million slaps have been recorded from across the globe already. The uptick in in-game slaps comes amid growing speculation that a play-to-earn (P2E) element will make its way to Catslap’s ecosystem. Although the project has not yet confirmed that a P2E element will be added, the allocation of 10% of SLAP’s total supply to community rewards suggests this functionality might become a feature soon. And its developer says that a major announcement will be coming in about 9 days. In addition to the surge in slaps, there is also a lot of trading activity around the crypto. Dextools data shows the total trading v...

The Hamster Kombat price has surged 6% in the last 24 hours to trade at $0.004969 as of 12:30 a.m. EST on a 24% drop in trading volume to $108 million. Hamster Kombat Price Gears Up For A Potential Rally The HMSTR/USDT pair in the 4-hour timeframe indicates a potential bullish reversal. A rounded bottom pattern is forming, which suggests a shift from a downtrend to an uptrend. This pattern is generally seen as a bullish sign, indicating that buyers are starting to regain control after a period of consolidation. The current support level is around $0.0048, which has held well during the consolidation phase. This support is crucial for a potential upward move, as a breakdown below this level could lead to further price declines. On the upside, the possible neckline or resistance level is at $0.0058. If the price breaks above this resistance, it would confirm the rounded bottom pattern, suggesting a continuation of the bullish trend. HMSTRUSDT Analysis Source: Tradingview ...