TapSwap, the fast-growing Telegram platform, is gaining momentum as participants look forward to its eventual airdrop token distribution.
Data on its application shows that the number of players has jumped to over 49.46 million users in the past few weeks. The number of daily players has jumped to more than 18.4 million, making it one of the most active communities in the market.
This trend will likely continue growing as the platform gains popularity in the fast-growing Telegram community. The most recent data showed that Telegram has over 900 million users, meaning the platform has a high total addressable market (TAM).
TapSwap is also becoming a hit on social media. It has accumulated over 5.4 million followers on X, significantly higher than Notcoin’s 1.8 million.
For starters, TapSwap is a fast-growing Telegram platform in the tap-to-earn industry. The network lets users earn rewards by simply tapping a button on its application. Users have now made over 1.89 trillion taps.
The goal is to eventually do an airdrop that will let users claim their tokens and exchange them for fiat currencies. Most recently, Notcoin held its airdrop, and now its token has a market cap of almost $2 billion. As such, because of its size, there is a chance that Tapswap will have a more extensive valuation than Notcoin (NOT).
TapSwap has gained popularity because of Notcoin’s success, Telegram’s role, and its ease of use. One just needs to tap the button to earn rewards. Additionally, users can boost their taps by either paying using the $TON cryptocurrency or using other boosters in the network.
You can also make more taps by participating in leagues, referring other users, and engaging in other activities.
Tap-to-earn is the newest iteration of the Web3 industry. Before it, there were play-to-earn platforms like Axie Infinity and Gala. Also, there was a time when move-to-earn token platforms like Sweatcoin and STEPN were the hottest things in the game. Their popularity has waned in the past few months.
Therefore, it is still unclear whether the tap-to-earn industry will have a longer staying power than the previous ones.
Also, TapSwap’s success is happening at a time when Toncoin has become the fastest-growing blockchain in the industry. With a total value locked (TVL) of more than $910 million, Toncoin is the ninth-biggest cryptocurrency in the industry.
