Tapswap’s February 2025 airdrop launched TAPS at a $34M market cap, but its price wavered, dropping 20% within weeks, mirroring Hamster Kombat’s 77% crash (HMSTR, $378M valuation). Notcoin, with a $806M cap, also fell 73%, a spectral pattern of tap-to-earn woes. Tapswap’s 40% community allocation aimed for stability, yet Bitget and STON.fi listings limited reach, unlike Notcoin’s broader exchange presence. X sentiment (60% negative) reflects distrust, with 18% user growth stalling. The market’s pulse, a faltering drum, shows Tapswap’s struggle—its utility focus, a fragile thread, lacks the viral spark of Notcoin’s 40M users, dimming its shine in this competitive tap-to-earn arena.