A major tap-to-earn game in the Telegram ecosystem TapSwap It is going to launch its highly anticipated Airdrop Launch in January 2025. However, after several delays, the question is now whether TAPS Token will also fall victim to the decline like other popular Telegram-based cryptocurrencies like Hamster Kombat (HMSTR), Canine (DOGS), and Catizen (CATI). These tokens had seen a lot of hype before their airdrop, but their prices had dropped significantly after their launch. Will TapSwap take the same path?
TapSwap Airdrop Record Delay and Growing Questions
TapSwap Airdrop Record was initially scheduled to be launched in October, then in November, but till now its date has been changed several times. Currently, the developers have promised to launch it in January 2025, but due to many previous dates being proven wrong, people are now worried whether this promise will be fulfilled? Or not.
The developers say that they are working on building a strong ecosystem, which will give TAPS Token a strong utility. Additionally, they have stated the need to partner with major exchanges like Binance, Coinbase and OKX so that the price of the token can increase and it can be used for tournaments and reward pools in gaming platforms. However, due to prolonged delays and lack of transparency, many people are now doubtful about the future of TapSwap.
TapSwap Record, could it be a flop?
One concern for TapSwap’s developers is that most “tap-to-earn” tokens experience significant price drops during airdrops. Like Hamster Kombat, DOGS and Catizen Token saw huge declines after launch. These tokens received a lot of hype in the initial phase, but as soon as they were listed on exchanges, their prices dropped as most of the holders were excited to sell their tokens.
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Hamster Kombat (HMSTR): Earlier there were more than 300 million users, now only 3.8 million holders are left and its price has fallen drastically.
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Catizen (CATI): After the initial hype, there are now only 1.4 million tokens in circulation and their price has also dropped.
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DOGS: This token has also fallen victim to the decline, with less than 1% of holders making profits.
A similar trend has been observed in all these tokens, where after the initial hype, people mostly want to earn instant profit by selling their tokens, which leads to a huge fall in their prices.
Will TAPS token see a similar decline?
Given the history of “tap-to-earn” cryptocurrency projects, it is likely that TAPS Token may also experience a lot of ups and downs post-launch. Whenever such tokens are listed on exchanges, holders try to sell them for instant profits, leading to a sharp fall in their prices. Even though developers are focusing on ecosystem and utility, most players are only interested in short-term profits rather than long-term investments.
Conclusion
TapSwap Record It is scheduled to take place in January 2025, but considering past experiences, it is likely that TAPS Token may also see fluctuations after launch. Despite the initial hype, holders’ excitement for short-term profits can lead to price fluctuations. Despite the efforts made by the developers, market trends can affect the price of the token.
