- TAPS increased by over 4%.
- The community has favored Bybit as their exchange of choice.
As a researcher with experience in the crypto space, I’m particularly intrigued by the surge of attention surrounding Tapswap and its native token, TAPS. Having closely followed the project since its launch, I can attest to the community’s favoritism towards Bybit as their exchange of choice for trading TAPS.
The mining project Tapswap has gained substantial interest, notably after the introduction of its native token, TAPS, through a recent Initial Coin Offering (ICO).
TapSwap launches TAPS
On the Solana blockchain, there’s a platform called Tapswap. It functions as both a trading marketplace and an entire ecosystem. Users can engage in mining, staking, and making decisions within this system using Tapswap’s native token.
The Tapswap Coin prioritizes decentralized financial (DeFi) uses, showcasing a strong commitment to groundbreaking token mining and decentralized exchange (DEX) features.
As a crypto investor, I find the platform’s approach to token mining particularly appealing. Instead of requiring advanced technical knowledge or significant upfront investment, this platform invites users to join in through an intuitive clicker game. This not only makes the process more accessible but also enhances the overall user experience. Additionally, by promoting widespread participation, it contributes to growing involvement within the Decentralized Finance (DeFi) space.
Analyzing the Tapswap tokenomics
Based on Tapswap’s token economics, the TAPS token will boast a grand total of one billion units. Among these, an enticing half – that is, 500 million TAPS or 50% – are earmarked for active community participants.
Approximately 30% of the total TAPS supply, which amounts to 300 million tokens, is allocated for platform enhancement, nurturing innovative initiatives, and promotional efforts.
The development team and founders will receive a portion of 100 million TAPS tokens (representing 10% of the total supply). These tokens will be kept securely and dispersed over a period of four years. This arrangement is designed to keep their interests aligned with those of the community.
The remaining 10% will support advisory roles, marketing efforts, and liquidity enhancement.
According to the project roadmap, the token launch was part of phase two of the project.
TAPS continues to gain post-launch
As an analyst, I’ve examined the price trend of Tapswap, and upon its launch on May 8th, it was trading at approximately $0.0085. Following this initial phase, however, there has been a noticeable upward trajectory in its value.
Currently, TAPS is priced at approximately $0.0106, signifying a rise of more than 5% relative to its previous value. The stock has displayed significant growth since its debut, with the most notable daily surge occurring on May 15th, when it jumped by an impressive 9.52%.
Although TAPS has made significant strides, it remains unlisted on prominent trading platforms. A survey conducted on its X-page hints towards potential listing on Bybit as the first step. Notably, TapSwap currently boasts a user base of seventeen million individuals.
Read More
- JASMY PREDICTION. JASMY cryptocurrency
- LDO PREDICTION. LDO cryptocurrency
- UXLINK PREDICTION. UXLINK cryptocurrency
- DOGS PREDICTION. DOGS cryptocurrency
- DOP PREDICTION. DOP cryptocurrency
- METIS PREDICTION. METIS cryptocurrency
- QUINT PREDICTION. QUINT cryptocurrency
- FXS PREDICTION. FXS cryptocurrency
- DESO PREDICTION. DESO cryptocurrency
- WXT PREDICTION. WXT cryptocurrency
2024-05-21 08:07