Crypto Solutions
--
Analysis on TapSwap Price
TapSwap, a Telegram-based "tap-to-earn" cryptocurrency project, has captured the attention of millions with its engaging gameplay and promise of token rewards. With over 67 million users and 18 million daily active participants, TapSwap has built a massive community eagerly awaiting the listing of its native token, $TAPS. Scheduled for a Token Generation Event (TGE) and listing on February 17, 2025, on exchanges like Bitget, TapSwap is poised to make a significant impact in the crypto gaming and decentralized finance (DeFi) space. This article analyzes the potential listing price range for $TAPS, drawing on market data, comparable projects, tokenomics, and community dynamics to provide an informed prediction.
Background on TapSwap
TapSwap operates on The Open Network (TON) blockchain, leveraging Telegram’s vast user base to offer a play-to-earn model where users earn tokens by completing simple tasks, such as tapping the screen or participating in community activities. Initially launched on Solana, TapSwap transitioned to TON for improved scalability and lower transaction costs, aligning with other successful Telegram-based projects like Notcoin and Hamster Kombat. The project’s total token supply is set at 18 billion $TAPS, with an estimated initial market capitalization projected between $700 million and $800 million, according to various analyses.
The listing of $TAPS on major exchanges, starting with Bitget on February 17, 2025, marks a pivotal moment for the project. Community anticipation is high, but so is skepticism, given the mixed performance of similar tap-to-earn tokens post-listing. This article aims to cut through the noise and provide a data-driven estimate of the $TAPS listing price range.
Methodology
To predict the listing price of $TAPS, we consider the following factors:
Tokenomics and Market Capitalization: Analyzing the total supply, circulating supply, and projected market cap.Comparable Projects: Examining the listing performance of similar Telegram-based tokens like Notcoin ($NOT) and Hamster Kombat ($HMSTR).Market Conditions: Assessing the broader cryptocurrency market sentiment in Q1 2025.Community Engagement: Evaluating the strength and activity of TapSwap’s user base.Exchange Listings: Considering the impact of listing on Bitget and potential additional top-tier exchanges.
Analysis
1. Tokenomics and Market Capitalization
TapSwap’s total supply is 18 billion $TAPS, a figure confirmed by the bitru and coingabber. Industry estimates suggest an initial market capitalization of $700 million to $800 million upon listing. To calculate the potential listing price, we use the formula:
Price per Token=Market Capitalization/Circulating Supply
However, the circulating supply at launch is not explicitly defined. If we assume that 20-30% of the total supply (3.6 billion to 5.4 billion $TAPS) is initially circulating common for new token listings the price range can be estimated as follows:
Low-End Estimate: $700 million ÷ 5.4 billion $TAPS = ~$0.13 per tokenHigh-End Estimate: $800 million ÷ 3.6 billion $TAPS = ~$0.22 per token
This initial range ($0.13 to $0.22) assumes a significant portion of tokens are unlocked at launch. However, tap-to-earn projects often lock a substantial amount of tokens to prevent dumping, which could reduce the circulating supply to as low as 1 billion $TAPS (5-10% of total supply), pushing the price higher:
Adjusted High-End: $800 million ÷ 1 billion $TAPS = $0.80 per token
2. Comparable Projects
To refine our prediction, we examine the listing performance of similar Telegram-based tap-to-earn tokens:
Notcoin ($NOT): Launched in May 2024 with a total supply of 102.7 billion tokens, $NOT debuted at approximately $0.01 per token, achieving an initial market cap of around $1 billion. Which declines over time due to profit taking.Hamster Kombat ($HMSTR): Launched in September 2024 with a total supply of 100 billion tokens, $HMSTR listed at around $0.007, with an initial market cap of $700 million. It also saw a significant post-launch decline also.Catizen ($CATI): Launched in 2024 with a total supply of 1 billion tokens, $CATI opened at $0.30 to $0.40, achieving a higher initial price due to a smaller supply and strong community hype.
TapSwap’s 18 billion total supply falls between Notcoin/Hamster Kombat and Catizen, suggesting a price range influenced by both high-supply and low-supply models. Given TapSwap’s larger community (67 million users vs. Notcoin’s 35 million peak) and strategic partnerships (e.g., Solus Agency, WUFFI), it may command a premium over Notcoin and Hamster Kombat but is unlikely to reach Catizen’s levels due to its higher supply.
3. Market Conditions
The cryptocurrency market in Q1 2025 will play a critical role in $TAPS’ listing price. Historical trends suggest that Q1 can be bullish, driven by post-holiday optimism and institutional investment. If Bitcoin and major altcoins are in an uptrend, $TAPS could benefit from increased market liquidity and investor confidence, supporting a higher listing price (e.g., $0.10 to $0.20). Conversely, a bearish or volatile market could suppress the price, aligning it closer to $0.03 to $0.06, as predicted by some analysts.
4. Community Engagement
TapSwap’s massive user base is a double-edged sword. With over 67 million users, including 18 million daily active participants, the project has significant demand potential. Community-driven buying pressure could push the initial price higher, especially if early adopters hold rather than sell. However, the experience of Notcoin and Hamster Kombat suggests that many tap-to-earn users dump tokens immediately upon listing, leading to price declines. TapSwap’s partnerships and planned utility (e.g., staking, gaming rewards) may mitigate this risk, supporting a price range of $0.05 to $0.15.
Predicted Listing Price Range
Based on the above analysis, the listing price range for $TAPS on February 17, 2025, is estimated as follows:
Conservative Estimate: $0.03 to $0.06Rationale: Aligns with high-supply tap-to-earn tokens (Notcoin, Hamster Kombat), assumes significant token dumping, and reflects a single-exchange listing (Bitget).Moderate Estimate: $0.10 to $0.20Rationale: Balances TapSwap’s large community, TON blockchain advantages, and potential multi-exchange listings with the risk of post-launch selling pressure.Optimistic Estimate: $0.30 to $0.40Rationale: Mirrors Catizen’s successful launch, assumes strong community retention, robust utility, and a bullish Q1 2025 market.
Key Influencing Factors
Circulating Supply at Launch: A lower circulating supply (e.g., 1-2 billion $TAPS) due to lockups could push prices toward the higher end of the range.Market Sentiment: A bullish market could elevate the price, while a bearish market might suppress it.Post-Launch Behavior: If users hold rather than sell, the price could stabilize or rise; mass dumping could lead to a sharp decline.Utility and Adoption: Successful implementation of $TAPS utility (e.g., staking, governance) could drive long-term demand, supporting a higher initial price.
Closing Thoughts
TapSwap ($TAPS) enters the crypto market with significant potential, backed by a massive community and strategic positioning on the TON blockchain. While its listing price is subject to market dynamics and user behavior, a range of $0.03 to $0.40 encapsulates the spectrum of possibilities. The most likely scenario, balancing community strength with historical trends, suggests a listing price of $0.10 to $0.20, with potential for higher values if market conditions and adoption align favorably.
We urge investors and TapSwap enthusiasts to monitor official announcements, exchange listings, and market trends leading up to February 17, 2025. While the project’s scale and partnerships offer promise, the volatility of tap-to-earn tokens warrants caution. TapSwap has the opportunity to redefine the genre, but its success will hinge on execution, community trust, and market timing.
$NOT
Background on TapSwap
TapSwap operates on The Open Network (TON) blockchain, leveraging Telegram’s vast user base to offer a play-to-earn model where users earn tokens by completing simple tasks, such as tapping the screen or participating in community activities. Initially launched on Solana, TapSwap transitioned to TON for improved scalability and lower transaction costs, aligning with other successful Telegram-based projects like Notcoin and Hamster Kombat. The project’s total token supply is set at 18 billion $TAPS, with an estimated initial market capitalization projected between $700 million and $800 million, according to various analyses.
The listing of $TAPS on major exchanges, starting with Bitget on February 17, 2025, marks a pivotal moment for the project. Community anticipation is high, but so is skepticism, given the mixed performance of similar tap-to-earn tokens post-listing. This article aims to cut through the noise and provide a data-driven estimate of the $TAPS listing price range.
Methodology
To predict the listing price of $TAPS, we consider the following factors:
Tokenomics and Market Capitalization: Analyzing the total supply, circulating supply, and projected market cap.Comparable Projects: Examining the listing performance of similar Telegram-based tokens like Notcoin ($NOT) and Hamster Kombat ($HMSTR).Market Conditions: Assessing the broader cryptocurrency market sentiment in Q1 2025.Community Engagement: Evaluating the strength and activity of TapSwap’s user base.Exchange Listings: Considering the impact of listing on Bitget and potential additional top-tier exchanges.
Analysis
1. Tokenomics and Market Capitalization
TapSwap’s total supply is 18 billion $TAPS, a figure confirmed by the bitru and coingabber. Industry estimates suggest an initial market capitalization of $700 million to $800 million upon listing. To calculate the potential listing price, we use the formula:
Price per Token=Market Capitalization/Circulating Supply
However, the circulating supply at launch is not explicitly defined. If we assume that 20-30% of the total supply (3.6 billion to 5.4 billion $TAPS) is initially circulating common for new token listings the price range can be estimated as follows:
Low-End Estimate: $700 million ÷ 5.4 billion $TAPS = ~$0.13 per tokenHigh-End Estimate: $800 million ÷ 3.6 billion $TAPS = ~$0.22 per token
This initial range ($0.13 to $0.22) assumes a significant portion of tokens are unlocked at launch. However, tap-to-earn projects often lock a substantial amount of tokens to prevent dumping, which could reduce the circulating supply to as low as 1 billion $TAPS (5-10% of total supply), pushing the price higher:
Adjusted High-End: $800 million ÷ 1 billion $TAPS = $0.80 per token
2. Comparable Projects
To refine our prediction, we examine the listing performance of similar Telegram-based tap-to-earn tokens:
Notcoin ($NOT): Launched in May 2024 with a total supply of 102.7 billion tokens, $NOT debuted at approximately $0.01 per token, achieving an initial market cap of around $1 billion. Which declines over time due to profit taking.Hamster Kombat ($HMSTR): Launched in September 2024 with a total supply of 100 billion tokens, $HMSTR listed at around $0.007, with an initial market cap of $700 million. It also saw a significant post-launch decline also.Catizen ($CATI): Launched in 2024 with a total supply of 1 billion tokens, $CATI opened at $0.30 to $0.40, achieving a higher initial price due to a smaller supply and strong community hype.
TapSwap’s 18 billion total supply falls between Notcoin/Hamster Kombat and Catizen, suggesting a price range influenced by both high-supply and low-supply models. Given TapSwap’s larger community (67 million users vs. Notcoin’s 35 million peak) and strategic partnerships (e.g., Solus Agency, WUFFI), it may command a premium over Notcoin and Hamster Kombat but is unlikely to reach Catizen’s levels due to its higher supply.
3. Market Conditions
The cryptocurrency market in Q1 2025 will play a critical role in $TAPS’ listing price. Historical trends suggest that Q1 can be bullish, driven by post-holiday optimism and institutional investment. If Bitcoin and major altcoins are in an uptrend, $TAPS could benefit from increased market liquidity and investor confidence, supporting a higher listing price (e.g., $0.10 to $0.20). Conversely, a bearish or volatile market could suppress the price, aligning it closer to $0.03 to $0.06, as predicted by some analysts.
4. Community Engagement
TapSwap’s massive user base is a double-edged sword. With over 67 million users, including 18 million daily active participants, the project has significant demand potential. Community-driven buying pressure could push the initial price higher, especially if early adopters hold rather than sell. However, the experience of Notcoin and Hamster Kombat suggests that many tap-to-earn users dump tokens immediately upon listing, leading to price declines. TapSwap’s partnerships and planned utility (e.g., staking, gaming rewards) may mitigate this risk, supporting a price range of $0.05 to $0.15.
Predicted Listing Price Range
Based on the above analysis, the listing price range for $TAPS on February 17, 2025, is estimated as follows:
Conservative Estimate: $0.03 to $0.06Rationale: Aligns with high-supply tap-to-earn tokens (Notcoin, Hamster Kombat), assumes significant token dumping, and reflects a single-exchange listing (Bitget).Moderate Estimate: $0.10 to $0.20Rationale: Balances TapSwap’s large community, TON blockchain advantages, and potential multi-exchange listings with the risk of post-launch selling pressure.Optimistic Estimate: $0.30 to $0.40Rationale: Mirrors Catizen’s successful launch, assumes strong community retention, robust utility, and a bullish Q1 2025 market.
Key Influencing Factors
Circulating Supply at Launch: A lower circulating supply (e.g., 1-2 billion $TAPS) due to lockups could push prices toward the higher end of the range.Market Sentiment: A bullish market could elevate the price, while a bearish market might suppress it.Post-Launch Behavior: If users hold rather than sell, the price could stabilize or rise; mass dumping could lead to a sharp decline.Utility and Adoption: Successful implementation of $TAPS utility (e.g., staking, governance) could drive long-term demand, supporting a higher initial price.
Closing Thoughts
TapSwap ($TAPS) enters the crypto market with significant potential, backed by a massive community and strategic positioning on the TON blockchain. While its listing price is subject to market dynamics and user behavior, a range of $0.03 to $0.40 encapsulates the spectrum of possibilities. The most likely scenario, balancing community strength with historical trends, suggests a listing price of $0.10 to $0.20, with potential for higher values if market conditions and adoption align favorably.
We urge investors and TapSwap enthusiasts to monitor official announcements, exchange listings, and market trends leading up to February 17, 2025. While the project’s scale and partnerships offer promise, the volatility of tap-to-earn tokens warrants caution. TapSwap has the opportunity to redefine the genre, but its success will hinge on execution, community trust, and market timing.
$NOT
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.