Tapswap launched its airdrop and token generation event, causing its price to fluctuate slightly. The Tapswap (TAPS) token had a market cap of $34 million, smaller than its competitors. The token allocation breakdown includes strategic investors, the community, community rewards, and the team. The token is currently only available on Bitget and STON.fi decentralized exchanges, as top exchanges like Binance and Coinbase have not listed it. Tapswap aims to become the largest gaming platform on Telegram and is developing a skills-based game. However, it faces challenges as similar to other "to-earn" tokens, many have seen significant declines in value after their launch. The airdrop coincided with the upcoming Pi Network mainnet launch, which is also a tap-to-earn coin.



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