Tapswap coin, launched in 2023 on the Solana blockchain, uses a "tap-to-earn" model via a Telegram bot, making it accessible and easy to use.

Current Performance

By May 2024, Tapswap has grown to over 17 million users, outpacing competitors in the Telegram ecosystem due to strong community engagement.

Key Features

Tap-to-Earn: Earn coins by tapping on a Telegram bot.

Leagues and Boosters: Enhance earnings through ranks and boosters.

Referral Bonuses: Earn more by inviting friends.

Tokenomics

The TAPS token has a 1 billion maximum supply, with 50% allocated to community members, 30% to the treasury, and 20% to the team and advisors.

Future Prospects

Plans include expanded exchange capabilities, staking rewards, and an educational platform to further engage users.

Benefits and Risks

Benefits:

Easy Access: Simple entry via Telegram bot.

Strong Community: Active and growing user base.

Multiple Uses: Diverse applications for the TAPS token.

Risks:

Volatility: Subject to market fluctuations.

Regulations: Potential impact from regulatory changes.

Conclusion

Tapswap coin offers a promising entry into DeFi with strong growth potential and community support. However, users should be aware of the inherent risks in cryptocurrency investments.