The Catslap (SLAP) team has announced a $1 million token burn after reaching the milestone of over one billion completed slaps in their 'Slap-to-Earn' game.
The token burn aims to boost scarcity and increase the value of SLAP tokens.
Catslap has already burned over 140 million SLAP tokens, and the $1 million token burn is set to be their biggest yet.
Despite the market downturn, Catslap is still up 2,400% from its launch price, with over 20,000 holders globally and potential listings on major exchanges.