@seraphia

Tapswap’s price plummeted 80% post-airdrop due to extreme imbalance and poor user feedback. Supply flooded the market: 40% of total tokens were allocated to airdrops, with most users selling immediately for quick profits (no lock-up period). Demand collapsed as users realized the project lacked utility—its DeFi features were underdeveloped and faced stiff competition. User feedback highlighted usability issues (slow transactions, buggy interface) and misleading marketing (unrealistic return promises). The crash was exacerbated by low liquidity—DEX pools couldn’t absorb the selling pressure, leading to cascading price drops. Tapswap’s failure underscores the need for balanced tokenomics and functional products to sustain post-airdrop value.

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