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

Bitcoin bounced back above $60k following a sudden $100 billion outflow




 

On Tuesday morning, the price of Bitcoin (BTC) dropped below$60,000 as a result of a market-wide crash that saw the flagship digital currency lose more than $100 billion from its market cap.

Some other cryptocurrencies (Altcoins) also fell in value such as Ethereum (ETH), Binance Coin (BNB), and Solana (SOL) all falling by between 5 and 10% including others.

Bitcoin is currently trading at $60,625, down 7.56% in the last 24 hours and 10.79% over the previous week, with a market cap over $1.12 trillion, after reaching a new all-time high of just under $69,000 less than a week ago.

BTC 1-day price chart. Source: CoinMarketCap

There is no obvious explanation for the price decline currently. However, some of the likely reasons contributing to the drop are an increased crackdown on Bitcoin mining in China, the rejection of a spot Bitcoin exchange-traded fund (ETF) by the Securities and Exchange Commission (SEC) of the United States, and long-term investors taking gains off the top of their investment.



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