With the launch of TapSwap on the horizon, investors and enthusiasts are keenly awaiting its potential price. Based on current projections and available data, we can estimate a range for TapSwap 's initial price and the possible conversion rate between the coins earned through tapping and the newly launched TAPS token.
The upcoming listing on major exchanges by the end of October 2024 is a big step forward for TapSwap. This move will boost the project's visibility and make it more accessible to a wider audience. For the over 25 million users already active with TapSwap on Telegram, this listing is a thrilling chance to see their efforts pay off on a much larger scale.
The calculation begins with the total supply of TapSwap, which is expected to be 18 billion tokens, per the official TapSwap news channel. Due to the community of millions, it is likely that at least four to five top crypto exchanges will list TapSwap after its launch. TapSwap has the potential to achieve a market cap of $700 to $800 million.
1. Estimating TapSwap Token Price:
To estimate the potential price of TapSwap tokens, we first need to calculate the token price based on the projected market cap and total supply.
Token Price = Estimated Market Cap\Total Supply
- For a $700 Million Market Cap:
Token Price = 700,000,000/18,000,000,000 = 0.0389
- For an $800 Million Market Cap:
Token Price = 800,000,000/18,000,000,000 = 0.0444
Thus, the estimated price range for TapSwap tokens is approximately $0.030 to $0.050.
2. Conversion Rate Analysis:
The predicted conversion rate of 1000:1 implies that for every 1000 TapSwap coins earned through tapping, users will receive one TAPS token. If we apply this conversion rate to the estimated TapSwap price range:
- For a 1000:1 Conversion Rate:
With a conversion rate of 1000 TapSwap coins to 1 TAPS token, the value of the coins earned through tapping can be analyzed as follows:
Value of 1000 TapSwap Coins =TAPS Token Price
Therefore, based on the TAPS token price:
- At $0.03 per TapSwap Token:
Value of 1000 TapSwap Coins = 0.03
- At $0.06 per TapSwap Token:
Value of 1000 TapSwap Coins = 0.06
Based on the projected market cap and total supply, TapSwap tokens are expected to launch with a price range of $0.03 to $0.05.
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