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0:00 now we've got some very strong price action going on in the cryptocurrency space right now Bitcoin bouncing back beautifully from about $992,000 yesterday all the way up to 98,000 and it doesn't look like it's slowing down anytime soon now that is what I love to see and if we begin to transition from Bitcoin to altcoins to meme coins we're looking at cat slap cat slap has bottomed out it spent the last 5 days setting up a pretty major level of support considering the last time that it hit this line it bounced off and ran to a penny in two days if cats slap begins to bounce off as Bitcoin is rising we could see it back at a penny and yes two days I'm excited about it I
0:46 own it I'm a cat slab whale we'll talk a little bit more about it if it sounds like something you're interested in let's get started what's up everybody I'm clay and as you can see cat laap on the screen right now doing a very good job to maintain this support at .3 now I know it's been a little stagnant over the last couple of days but this is an excellent sign that this level is going to hold up the Bears canot push it down which means that those that own it are willing to hold it and if we begin to set up this level at 3 cents as a new floor we should not fall back down below that level ever and I hope that's the case because look a$ 13.5 million market cap is extremely small for everything that cat slap has going on there's $4
1:33 million in the liquidity pool which is a huge liquidity pool for the size of this market cap here beautiful meaning that we shouldn't see much volatility in terms of negative price action volatility to the upside we absolutely can see we've seen it in the past and I believe that we'll see it again now these guys have done so much over the last couple of days burning a million dollars yeah burning $1 million on a $13 million market cap coin guys it was nearly a 10% burn of the entire Supply and they can burn more now they're rewarding the top five slappers you might say what the heck is a slapper they've got a slap to earn game that already has 1.5 billion clicks you come
2:21 out to their website you got a link for it in the description below and slap if you guys connect your wallet continue to slap all day and night long the top 10 holders get $100,000 in cat slap tokens now if you want to buy it you've got the convenience of buying it either out on Unis swap or you can grab it directly on their website if you need a full walkthrough tutorial on how to connect your wallet how to buy all of that type in how to buy Wall Street Pepe I show you my wallet on the le- hand side of the screen every button to click on all of that good stuff but the convenience of buying on their website you can also use a card to grab cats slap and you can also stake for 40% annualized interest which a lot of people are doing right now 617 million cat slap is being staked
3:07 and that's a very large portion of the overall Supply and they're earning 40% a year just for doing so now I do know that catlab can easily go back up in value over 40% especially bouncing off of these major support levels AT3 cents a 40% increase basically just takes you back up here to uh half a Cent and we've been well Bey on that before so I would imagine you can get the best of both worlds in staking rewards and in capital gains but why am so excited about this token aside from the fact that they continue to add a couple hundred holders every day they do have 20,000 of them out there already a very strong liquidity pool whales shedding off and being replaced by hundreds or sometimes even thousands of new holders Bitcoin is
3:54 bouncing right one of the reasons that we saw this pullback is that we saw a pullback in the last couple of weeks in Bitcoin in ethereum in salana salana going from $260 back down to about $170 was a pretty tough blow but as Bitcoin Rises and as this Santa Claus rally continues to take place I imagine we could see an endof year explosion in the price of these cryptocurrencies especially in these meme coins and if that begins to take place if people begin to get excited if they begin begin to share do you know how easy it is to take a $13 million market cap coin and watch it double triple 10x 20x in value
4:39 a 20x increase guys only takes this to a quar billion dollar valuation or 250 millionar that's very small in comparison to all of the other major meme coins out there so a 20x increase is not only doable it would be rather easy to achieve that I am holding I am waiting and I am expecting a major meme coin rally and I believe that cats slap has the potential to lead the way to some significant capital gains Revolution revolutionizing my portfolio and truly helping to create that generational wealth that everybody is out there looking to achieve let me know if you guys are looking for it down in the comments below and until the next time hope to each and every one of you have an awesome day