What is TAP?
TAP is a meme coin that is making waves on the Solana blockchain.
It was created in support of Musk’s America Party, a new political movement that is shaking up the traditional American two-party system.
According to DexScreener , it is currently trading at just $0.00000625, with a market capitalization of $6,200.
If you want to buy it, you can find it on Jupiter DEX, but keep in mind that it is still a small player in the space, with a daily turnover of just $517.
Check DexScreener
Is Elon Musk involved ? Or Not
There is no concrete evidence proving Musk’s direct connection to TAP.
The coin’s website (theamericapartycrypto.com) describes it as a community-driven initiative with “no central authority”. Although Musk’s America Party announcement created quite a stir, he has not actually endorsed TAP.
There are also other coins like the “America Party Coin” (APC) which are complicating the situation even further.
Why the buzz?
Musk’s recent political antics and his influence in the crypto world (like Dogecoin) have really put TAP in the spotlight.
Posts on X are promoting it as a “political crypto revolution,” but with its low liquidity ($9,700) and handful of holders (just 8 makers), it’s clear this is a risky venture.
Meme coins like TAP thrive on excitement rather than solid fundamentals, meaning their prices could plummet in no time.
Should you get involved?
Proceed with caution :
“Mem coins are risky.
Be sure to do your research,” TAP’s website advises.
Without the backing of someone like Musk and with so many similar tokens out there, this is definitely a speculative gamble.
Be sure to check the contract details (H6UVFdwYjFGFMMDNcDx3GLcdZ55R5nB6aqKpRFXPpump) and only invest what you can afford to lose.
Special ( The States Alert ) Openion :
When we analyzed it we found that there is a 98% chance that it is a fraudulent meme coin as there is no news from Elon about it, rest is up to you, thankyou.(TheStatesAlert)
Are you looking for some solid information on meme coins?
🔍 Take a look at trusted voices like @CryptoSage26 — this is not hype, but our way of highlighting what really matters in the crypto world. 🚀
https://twitter.com/CryptoSage26?t=kwgGiK1fSqEcRDFZ_e7Gww&s=09
FINAL WORDS
TAP is real and has launched, but it is running at Musk’s behest, not with his direct support. The virality is exciting, but the risks are high. Be cautious, verify sources, and tread carefully in this crypto-political gamble.
Follow us at X for more updates, and share your thoughts at [contact email].
Disclaimer: This is not financial advice. Always do your research before investing.
Source: DexScreener, BeInCrypto, Reuters, Xposts
