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TapSwap (TAPS) Airdrop: Everything You Need to Know

Crispus Nyaga
Crispus Nyaga
Crispus Nyaga
Author:
Crispus Nyaga
Writer
Crispus is a financial analyst with over 9 years in the industry. He covers cryptocurrencies, forex, equities, and commodities for some of the leading brands. He is also a passionate trader who operates his family account. Crispus lives in Nairobi with his wife and son.
July 8th, 2024
Editor:
Joseph Alalade
Joseph Alalade
Editor:
Joseph Alalade
News Lead and Editor
Joseph is a content writer and editor who has actively participated in crypto for over 6 years. He enjoys educating others about Web3 and covering its updates, regulatory developments, and exciting stories.

TapSwap has become one of the leading tap-to-earn platforms in the crypto industry, with over 63 million users and 18 million daily users. It has joined well-known platforms like Notcoin (NOT) and Hamster Kombat. So, here is everything you need to know about the TapSwap airdrop.

What is tap-to-earn?

The crypto industry has seen robust growth over the years. During this period, developers worked to build platforms that had significant usage and utility among members. For example, play-to-earn networks like Axie Infinity and Decentraland incentivized users by rewarding them for playing games.

Move-to-earn platforms like Sweatcoin and StepN distributed rewards to people for walking, running, and other simple exercises.

Tap-to-earn tools like Tapswap work in the same way. They let users earn tokens by tapping a button on a Telegram mini app. Users can also earn tokens for doing simple tasks like watching videos and following them on social media.

The industry has gone viral because of its ease of use, and Telegram’s over 900 million users globally.

How TapSwap works

To use TapSwap, follow these simple steps: First, ensure that you have Telegram installed on your phone. Next, use the search function to locate the TapSwap mini app on the platform. To avoid scams, be sure to find the app on its official X page.

Once you’ve found the app, start earning tokens by completing simple activities such as clicking buttons, watching videos, learning about TON, and joining leagues.

When will the TapSwap airdrop happen?

The next important event for TapSwap will be its airdrop, which will allow people to claim their tokens on the TON Blockchain, a popular choice among developers created by the developers behind Telegram.

The TapSwap airdrop was initially scheduled for last week but postponed because the developers are talking with top-tier exchanges. Nevertheless, they have confirmed that it will still occur in the third quarter.

https://x.com/tapswapai/status/1807867411103994028

Will the TapSwap price rise after the airdrop?

The question often arises about how the TapSwap price will behave after the airdrop. The best way to gauge this is to look at Notcoin’s performance since the two networks are similar.

Notcoin’s price initially surged after the airdrop but then sharply declined. This drop occurred as more Notcoin holders sold off their tokens, and other cryptocurrencies also fell in value.

Therefore, although it’s challenging to predict, I anticipate that the TapSwap price will follow a similar pattern, initially rising and declining as more TAPS holders exchange their tokens for cash. Similar situations have occurred with recent airdrops such as zkSync and Wormhole.

However, in the future, the token will likely follow the trends of other cryptocurrencies such as Bitcoin, Ethereum, and Solana.

Contributors

Crispus Nyaga
Writer
Crispus is a financial analyst with over 9 years in the industry. He covers cryptocurrencies, forex, equities, and commodities for some of the leading brands. He is also a passionate trader who operates his family account. Crispus lives in Nairobi with his wife and son.