TapSwap a Crypto Project with Telegram Bot Tapping on Solana blockchain

TapSwap is a new Crypto exchange project that combines the key features of modern DeFi platforms and offers a multitude of new opportunities for its community. The goal of TapSwap is to provide a fast, efficient, and secure way to exchange cryptocurrency, utilizing the advantages of the Solana blockchain. Key Features on TapSwap include: • Mining Bot: This is a telegram bot for mining and the TAPS token distribution. • Staking Rewards: The staking platform for receiving additional rewards. • Decentralized governance: TapSwap token holders have voting rights and can actively participate in the development of the platform. • Profit distribution: The profit distribution system allows token holders to receive a certain percentage of the operations on the platform. TAPS Token TAPS Token is the native token of the TapSwap ecosystem which has begun distributing the token to the community through a bot-tapping mechanism. Total Supply - 1,000,000,000 Telegram Bot Allocation- 150,000,000 TAPS

Binance Destroy $640 Million Worth BNB In It Resent Quarterly Token Burning




Binance-token-burned


 The leading Cryptocurrency exchange operator Binance has announced that it has burned nearly 1.4 million BNB tokens (worth about $640 million at current prices) this marks Binance's biggest quarterly burn to date in dollar terms.

"Burning" refers to the process of permanently removing the potion of some crypto token from circulation thereby reducing its supply and potentially increasing its price. Binance was committed to burning a total of 100 million BNB tokens every quarter since 2017 when it was launched.

According to Block Research, Binance has burned 16.60% of the BNB supply to date. The number of tokens that are destroyed each quarter is calculated based on the trading volume on Binance's crypto-to-crypto exchange.


Binance burned $393 million worth of BNB in the second quarter and $595 million in the first quarter of 2021 according to the U.Today report.

The BNB price added a meager 1.2% after the burn was announced before quickly trimming even such modest gains.



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