Tap Protocol raised $4 M in a new round of funding on 2023-12-15.

You can buy TAP via Gate.com by following the steps on how to buy TAP once you have funded your account.

There are two perspectives on how the price of TAP is determined.

Fundamental Value: This approach looks at on-chain metrics, project performance, and financial indicators of TAP. Over the long term, factors like supply and demand, tokenomics, use cases, project roadmap, and relevant regulations or governance can all affect TAP's value.

Price Action: This perspective primarily involves using technical analysis tools like chart patterns, MACD, RSI, and Bollinger Bands to forecast price movements of TAP based on past trends, based on the principle that 'history tends to repeat itself.' Price action of TAP is also affected by news, announcements, and the general sentiment of the community.

While long-term investors focus on the fundamentals, short-term traders typically rely on technical indicators. Both can influence the price of TAP.

TAP reached an all-time high of $0.2561 in 2022-02-23, while its current trading price is $0.0001221.

TAP reached its historical low of $0.0008867 in 2022-02-23.

The current market cap of TAP is $5.49K, with TAP’s circulating supply at 908.24M TAP and the current trading price at $0.0001221.

Currently, there are 908.24M TAP circulating in the market. These TAP tokens can be traded or used on the open market.

The maximum supply of TAP is 919.12M, including its circulating supply, locked or staked amounts, and any supply yet to be mined, minted, or created.

Currently, the fully diluted market cap (FDV) of TAP is $112.22K. This is calculated by multiplying the circulating supply by the current price of $0.0001221, assuming all of the token’s supply enters circulation.

The TAP price prediction uses algorithms that automatically identify trends in historical data and make predictions and adjustments based on current market conditions. With advanced machine learning, the price prediction can help users assess the trends in the cryptocurrency market before making an investment.

TAP has a strong return potential due to its inherent volatility, which offers opportunities for profit. However, volatility is a double-edged sword and is more suited for investors with a high-risk tolerance and good financial health. It’s important to remember that TAP and the broader crypto market are always impacted by extreme market conditions, legal policies, social media stories, and other unpredictable factors. Therefore, before investing in TAP, it's recommended that you conduct thorough research and practice risk management.