What determines the price movement of Tap Protocol (Ordinals) (TAP)?

There are two schools of thought when it comes to determining the price of a cryptocurrency like Tap Protocol (Ordinals). By way of intrinsic value: Intrinsic value is typically assessed through on-chain metrics, project metrics, and financial metrics of Tap Protocol (Ordinals), collectively known as fundamental analysis. Factors such as the law of supply and demand, tokenomics, use case, project roadmap, and the regulatory and governance environment will influence the long-term value of Tap Protocol (Ordinals). By way of price action: technical analysis , using candlestick chart patterns and indicators like MACD, RSI, and Bollinger Bands, forecasts the price of Tap Protocol (Ordinals) on the basis that history tends to repeat itself. Since candlestick charts reflect market sentiment, news announcements and community sentiment can also significantly influence the price action of Tap Protocol (Ordinals). Long-term investors usually favor fundamental analysis, while short-term traders often depend on technical analysis. In practice, combining both approaches can yield intriguing scenarios for Tap Protocol (Ordinals) and the broader cryptocurrency market.

What is the highest price of Tap Protocol (Ordinals) price in history?

Tap Protocol (Ordinals) achieved the all-time high of 11.34 in 2024-11-02, and is currently trading at 5.73.

What is the lowest price of Tap Protocol (Ordinals) price in history?

Tap Protocol (Ordinals) reached its all-time low of 3.62 on 2024-10-26.

What is the current market cap of Tap Protocol (Ordinals)?

The current market cap of Tap Protocol (Ordinals) is 11183470.200000001, as 1951740 TAP is trading at the price of 5.73.

How many Tap Protocol (Ordinals) are there in the market?

There are currently 1951740 TAP circulating in the market. These Tap Protocol (Ordinals) can be actively traded or used in the open market.

What is the maximum supply of Tap Protocol (Ordinals)?

The maximum supply of TAP is 21000000 , which includes its circulating supply, locked or staked supply, and the supply that has yet to be mined, minted, or created.

What is the fully diluted market cap (or FDV) of Tap Protocol (Ordinals)?

At the moment, the fully diluted market cap, also called the fully diluted value (FDV) of Tap Protocol (Ordinals) is 120330000.000. The FDV is calculated taking the assumption that all supply of Tap Protocol (Ordinals) is circulation, multiplied by its current price of 5.73.

What is the price prediction of Tap Protocol (Ordinals) ?

Using an algorithm to automatically identify historical data trends, this Tap Protocol (Ordinals) price prediction adjusts its forecast from time to time based on current market conditions. With advanced machine learning, this prediction tool can help investors gauge market probabilities before making investment decisions.

Is Tap Protocol (Ordinals) a good investment?

Tap Protocol (Ordinals) offers a good potential ROI due to its inherent volatility, which presents numerous profit opportunities. However, this volatility is a double-edged sword, making it suitable for investors with high risk tolerance and a strong financial position. It is crucial to remember that Tap Protocol (Ordinals) and the broader crypto market are subject to extreme market conditions, regulatory changes, social media influence, and other unpredictable factors. Therefore, it is advisable to exercise risk management and do your own research (DYOR) before investing in Tap Protocol (Ordinals).

How to buy Tap Protocol (Ordinals)?

You can buy Tap Protocol (Ordinals) via Gate by following the steps on how to buy TAP once you have funded your account.

Tap Protocol (Ordinals) Price

TAP

This cryptocurrency is not listed for trading or services on Gate.

Tap Protocol (Ordinals) (TAP) Price Live Chart

Tap Protocol (Ordinals) (TAP) Price Today

Tap Protocol (Ordinals) (TAP) price today is $5.73, with a 24-hour trading volume of $1.52M and as such Tap Protocol (Ordinals) (TAP) has a market cap of $11.18M, giving it a market dominance of 0.0037%. The Tap Protocol (Ordinals) (TAP) price moved -12.57% in the last 24 hours.

TAP Price Data

24h Turnover$1.52M
All-Time High(ATH)$11.34
24h High$6.63
All-Time Low(ATL)$3.62
24h Low$5.7

TAP Market Cap Infos

Market Cap$11.18M
Fully Diluted Valuation$120.33M
Market Cap/FDV9.29%
Market SentimentNeutral

TAP Supply

Circulating Supply1.95M TAP
Total Supply21M TAP
Max Supply21M TAP

*Data is for reference only

Tap Protocol (Ordinals) (TAP) Price Prediction

Tap Protocol (Ordinals)(TAP) is predicted to average $0.0001402 in 2025, with a potential swing between the lowest price $0.0001219 and the highest price $0.0002075. By 2030, Tap Protocol (Ordinals)(TAP) price could reach to $0.0003006, offering a potential -99.00% return from today’s Tap Protocol (Ordinals) price.

Year	Minimum Price	Highest Price	Average Price	Change
2025	$0.0001219	$0.0002075	$0.0001402	-99.00%
2026	$0.0001164	$0.0001964	$0.0001738	-99.00%
2027	$0.0001796	$0.0002759	$0.0001851	-99.00%
2028	$0.0001337	$0.000295	$0.0002305	-99.00%
2029	$0.0002496	$0.0002838	$0.0002628	-99.00%
2030	$0.0001967	$0.0003006	$0.0002733	-99.00%

Tap Protocol (Ordinals) (TAP) to Local currency Converter

About Tap Protocol (Ordinals) (TAP)

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.