TAP isn’t a political movement. It’s not a currency designed to change how you pay for coffee or send money overseas. It’s not even a serious investment. The America Party (TAP) crypto coin is a meme - a digital joke wrapped in political branding, built on Ethereum, and traded by people who think it’s funny, risky, or both.
What TAP actually is (and isn’t)
TAP stands for America Party, and it was launched in early 2023 with a simple idea: make a crypto token that looks like it’s tied to American politics, but really isn’t. The contract address - 0x8080779e8366ea28cd1c99bd66ac6d04fce73bf9 - is public on Etherscan. It’s an ERC-20 token, which means it runs on the Ethereum blockchain like most other tokens you’ve heard of. You need ETH to pay for gas fees when you send or trade it. That’s it. No smart contracts for voting, no rewards for patriotism, no real connection to any political party or candidate.
Phantom Wallet, one of the platforms that lists TAP, describes it as representing ‘the 80% of Americans in the middle, the hard-working, freedom-loving.’ Sounds inspiring, right? Except that’s marketing fluff. There’s no official America Party. No registered organization. No politicians. No policy. PolitiFact confirmed in February 2024 that TAP has zero ties to any real political group. It’s satire. A digital parody. Like putting a flag on a dog and calling it ‘America’s Best Pet.’
How much is TAP worth? (Spoiler: not much)
As of February 2024, TAP’s market cap hovered around $88,000. That’s less than the price of a used bicycle in some cities. For comparison, Dogecoin’s market cap is over $13 billion. Shiba Inu is at $7.2 billion. TAP? It ranks #5708 on CoinGecko. Out of over 25,000 cryptocurrencies.
Price data is all over the place. On CoinGecko, TAP traded at $0.00008818. On Bitrue, it was listed at $0.002640 - nearly 30 times higher. Why? Because liquidity is practically nonexistent. Most exchanges barely have buyers. One user on Bitrue reported trying to sell 500,000 TAP tokens and found the entire buy wall was only 10,000 tokens. That’s not a market. That’s a ghost town.
Trading volume is almost invisible on most platforms. Crypto.com lists it as ‘unavailable.’ Coinbase includes it, but only because their system auto-lists any ERC-20 token with a public contract. They’re not promoting it. They’re not even checking if it’s a scam. They just let it live on their platform because the rules say they can.
Where can you buy TAP?
You can buy TAP on a few exchanges: Coinbase, Bitrue Alpha, Bitget, and through wallets like Phantom, MetaMask, and Trust Wallet. But here’s the catch: buying it is easy. Selling it? Not so much.
If you’re on Coinbase, you can deposit USD and buy TAP with a few clicks. But if you want to cash out? You’ll likely need to move it to Bitrue or another exchange where there’s even a sliver of demand. That means paying gas fees twice - once to send it off Coinbase, and again to send it back when you want to sell. And if the price drops while you’re waiting? Tough luck.
There’s no official app. No dedicated website. No customer support team. No roadmap. No team behind it. The only ‘development’ is that the contract hasn’t changed since launch. That’s not innovation. That’s abandonment.
Who’s buying TAP?
According to Chainalysis data, 92% of TAP transactions come from exchange wallets - meaning people are trading it like a casino chip, not holding it as an asset. The total number of unique wallets holding TAP? Just 1,842 as of February 2024. Only 47 of those were active in the last 30 days. That’s not a community. That’s a handful of people gambling on a joke.
Reddit has 12 mentions in six months. The Telegram group has 87 members and zero messages in a month. No one’s talking about it because there’s nothing to talk about. No updates. No news. No progress. Just a token that exists because someone thought it’d be funny to slap ‘America’ on a blockchain and see who bites.
Why does TAP even exist?
It exists because meme coins thrive on absurdity. Dogecoin started as a joke. Shiba Inu was built on Dogecoin’s hype. TAP just added a new layer: political satire. It’s not trying to be Bitcoin. It’s not trying to be Ethereum. It’s trying to be a viral moment - a digital inside joke that might get a few people to laugh, click ‘buy,’ and then forget about it.
And that’s the problem. Meme coins with no utility, no team, and no community die fast. Messari’s data shows 99.7% of tokens under $100,000 in market cap fail within 18 months. TAP’s market cap has already dropped 96.6% since October 2023. It’s on the same path.
The risks of holding TAP
There are no technical risks. The contract is secure. Etherscan shows no vulnerabilities. But there are massive financial risks:
- No liquidity: You might not be able to sell when you want to.
- Price manipulation: With so few buyers, one person buying a few million tokens can spike the price - then dump it.
- Exchange risk: Coinbase might delist it tomorrow. No warning. No explanation.
- Scam potential: No one owns it. No one’s accountable. If the price crashes to zero, there’s no one to blame - and no one to sue.
One user on Bitrue wrote: ‘tried to sell 500k TAP and the entire buy wall was 10k tokens.’ That’s not a market. That’s a trap.
Should you buy TAP?
If you’re looking for a long-term investment? No. If you’re looking for a store of value? No. If you’re looking for something to pay for goods or services? No.
If you want to spend $10 on a digital inside joke, and you’re okay with losing it all? Maybe. Treat it like buying a lottery ticket - not an asset. Don’t put in more than you can afford to lose. Don’t expect it to go up. Don’t expect anyone to care about it next month.
TAP isn’t the future of finance. It’s a footnote in crypto history - a reminder that not every token with a flag on it is meaningful. Sometimes, it’s just noise.
What’s next for TAP?
Nothing.
There’s no roadmap. No team. No updates. No community building. No plans to add utility. The token was launched, got a brief spike of attention, and has been slowly fading ever since. Industry analysts say political meme coins have the shortest lifespans - they rely on fleeting news cycles, and once the election hype dies down, so does the interest.
TAP has already lost 96.6% of its value in six months. It’s likely headed toward zero. The only question is when.
Is TAP a real political party?
No. TAP is not affiliated with any political party, candidate, or organization. PolitiFact confirmed in February 2024 that there is no registered America Party linked to the TAP token. It’s purely a meme coin using political imagery for satire and marketing.
Can I make money trading TAP?
Technically yes, but it’s extremely unlikely. TAP has almost no liquidity, meaning you may not be able to sell your tokens when you want to. Price swings are wild and inconsistent across exchanges - sometimes 30x differences. Most people who buy it end up stuck with worthless tokens. Treat it like gambling, not investing.
Is TAP on Solana or Ethereum?
TAP is an ERC-20 token on the Ethereum blockchain. Some sources like Bitrue falsely claimed it was built on Solana, but CoinGecko, Etherscan, Phantom Wallet, and Crypto.com all confirm the contract is on Ethereum. You need ETH to pay for gas when sending TAP.
Why is TAP listed on Coinbase if it’s worthless?
Coinbase automatically lists many ERC-20 tokens as long as they have a public contract address. It doesn’t mean they endorse it or think it’s valuable. TAP is included because it meets the technical requirement - not because it’s a good investment. Many low-cap meme coins appear on Coinbase for the same reason.
How many TAP tokens are in circulation?
There are exactly 1 billion TAP tokens in circulation. The supply is fixed - no more will ever be created. This is common with meme coins to prevent inflation. But because demand is near zero, the value of each token is extremely low - around $0.000088 as of early 2024.
Is TAP safe to hold in my wallet?
Yes, from a technical standpoint. The smart contract has been audited on Etherscan and shows no vulnerabilities. But safety here refers to code security, not financial safety. Holding TAP carries high risk of losing your money due to lack of liquidity and zero utility. It’s not a scam in the hacking sense - but it’s a financial dead end.
What’s the future of TAP?
The future is likely extinction. TAP has seen a 96.6% drop in market cap since late 2023. No updates, no team, no community. Industry reports show that 99.7% of tokens under $100,000 fail within 18 months. TAP is already in its terminal phase. Unless someone revives it with real utility - which isn’t happening - it will fade into obscurity.
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