TapSwap is experiencing rapid user growth worldwide, and many believe it will become a significant player in the crypto industry. Data from its Telegram mini application indicates that the number of users is increasing at an unprecedented rate, which is a positive indicator.
TapSwap users are growing.
TapSwap has experienced exponential growth in its user base, increasing from zero a few months ago to over 53 million at press time. In a recent update, BanklessTimes noted that the platform had less than 50 million users just last week, meaning it added almost 5 million users in a week.
Additional data reveals that the average number of TapSwap users has surged to more than 18 million, which is expected to keep rising with the impending airdrop. Moreover, the total number of taps made on the platform has surpassed 2.2 trillion.
The most recent TapSwap news is that the developers decided to select TON as the blockchain to use for the project. This was an obvious choice for three reasons. First, TapSwap is a Telegram game, and the social media network is the parent company of TON Network.
Second, Toncoin is known for its speed, reliability, and low transaction costs. The average fee on TON stands at about 0.0055 TON, making it cheaper than other popular blockchain networks.
Third, Toncoin’s growth is accelerating as the DeFi total value locked (TVL) nears the $1 billion mark.
Is TapSwap a good investment?
TapSwap is a recent addition to the tap-to-earn sector. Telegram users can earn tokens on the app by simply tapping. New users are given 100k tokens for free, and various methods can be used to increase the speed of these taps.
Several opinions suggest that TapSwap will eventually conduct an airdrop, allowing users to claim their tokens and trade them for other coins or fiat currencies. If this happens, some users may choose to hold onto their tokens in the hopes that their value will increase.
It’s currently too early to predict whether TapSwap will yield substantial returns when it eventually lists on exchanges. To make an educated guess, one can examine the price of Notcoin (NOT), a similar platform that recently underwent an airdrop.
Notcoin’s price initially traded at $0.0010 and quickly climbed to nearly $0.03 within a few weeks, proving to be rewarding for its users. However, Notcoin has since experienced a significant decline due to the ongoing crypto market sell-off.
Given historical trends, TAPS’s price may surge after being listed. The overall market conditions will also influence this at the time of listing. If it occurs during a period when most cryptocurrencies are experiencing significant growth, the TapSwap token will likely follow suit.
