Introduction
TAP is a groundbreaking protocol enhancing Bitcoin by supporting secure, accessible development and bringing unprecedented programmability. This decentralized platform outshines competitors with its unique ability to build on Bitcoin, addressing the limitations of traditional Bitcoin transactions. TAP is not just a development tool—it is a movement towards innovative, decentralized applications.
Key Highlights
Decentralized Applications Made Simple: With TAP, developers can easily mint and transfer tokens, opening up Bitcoin's robust system to a broad range of applications without the need for complex integration.
Security and Trust: Leveraging Bitcoin's renowned security, TAP ensures a safe environment for developers and users alike, making it the foundation of choice for new projects.
Enhanced Market Accessibility: TAP extends Bitcoin's utility to include decentralized finance (DeFi) tools, digital collectibles, Promises (similar to smart contracts) and more, tapping into markets previously unreachable by standard blockchain applications directly on Bitcoin.
Ecosystem
TAP addresses the crucial need for a more flexible and accessible platform for Bitcoin development. Unlike traditional protocols that are often restrictive and complex, TAP simplifies the creation and management of digital assets, fostering a diverse and dynamic ecosystem.
TAP is crucial for supporting OrdFi products, providing fee discounts and facilitating payments across various applications in development. It allows holders to access multiple DeFi protocols with lower fees and improved yields. Additionally, TAP can be used in place of traditional payment methods for bridging fees, marketplace fees, and more, further reducing costs within the protocol.
By integrating these features and focusing on the user's and developer's needs, TAP not only enhances Bitcoin's functionality but also sets a new standard for blockchain innovation.
Where is Tap Protocol (Ordinals) available for purchase?
You can exchange TAP tokens on both decentralized and centralized crypto platforms. The favored choice for purchasing and trading Tap Protocol (Ordinals) is KuCoin, notably the TAP/USDT pair, which saw a trading volume of $ 93,426 in the past day. Additionally, Gate.io and Bilaxy are popular alternatives for trading tokens.
What is the highest value Tap Protocol (Ordinals) (TAP) has ever reached?
Tap Protocol (Ordinals) (TAP) reached its peak price at 11.34 $ on 02 November 2024, approximately a year ago ago. Presently, the current price is -46.29% lower than this all-time high.
What is the historical minimum price for Tap Protocol (Ordinals) (TAP)?
The minimum price reached for Tap Protocol (Ordinals) (TAP) was 3.62 $, documented on 26 October 2024, more than a year ago. In comparison, the current price is 68.23%, it above this historical low.
What is the fully diluted valuation of Tap Protocol (Ordinals) (TAP)?
The fully diluted valuation (FDV) of Tap Protocol (Ordinals) (TAP) stands at $ 128,01 MLN.. This figure reflects the maximum potential market capitalization, considering that the current circulating supply is at its maximum of 21,000,000 TAP tokens. The realization of this FDV might take several years depending on the emission schedule of TAP tokens.