What Are Some Popular Tap-to-Earn Crypto Games?

Several tap-to-earn crypto games have gained significant traction:

- Notcoin: One of the pioneers in the space, Notcoin attracted over 35 million players and conducted a major token airdrop in 2024.
- Hamster Kombat: This game combines tapping mechanics with a crypto exchange management simulation, claiming over 300 million users.
- TapSwap: With over 60 million reported players, TapSwap closely mirrors the Notcoin model.
- Catizen: Players match cartoon cats on a puzzle board to earn rewards.

Most of these games are built on The Open Network (TON), a blockchain closely integrated with Telegram, which provides access to the messaging app's vast user base.

Are Tap-to-Earn Crypto Games Sustainable?

The long-term sustainability of tap-to-earn crypto games is a subject of debate among experts. Some key considerations include:

- Token economics: The value of game tokens depends on maintaining a balance between supply and demand.
- User retention: Games must evolve to keep players engaged beyond the initial novelty.
- Regulatory concerns: As these games involve cryptocurrency, they may face scrutiny from financial regulators.
- Market saturation: The proliferation of similar games could lead to diminishing returns for players and developers.
- Blockchain scalability: As user bases grow, the underlying blockchain networks must be able to handle increased transaction volumes.


What Are the Potential Risks of Tap-To-Earn Crypto Games?

While tap-to-earn games offer an easy way to engage with cryptocurrency, they come with several risks:

- Financial risk: The value of earned tokens can be highly volatile.
- Time investment: Players may spend significant time for relatively small rewards.
- Data privacy: Some games may collect user data for marketing or other purposes.
- Addiction potential: The simple, repetitive nature of these games can be habit-forming.
- Scams: Not all tap-to-earn games are legitimate, and some may be designed to exploit users.

Here's the Analysis of #GALA :

#GALA rejecting from the resistance area and moving with the large channel pattern, still following it. Price action is not clear much, need to see some sort of the break above the $0.024, by which price will make the way to the Strong resistance area around $0.027 - $0.028.

#BTC moved above the $68,000 and rejected nearly form the resistance area. The good thing is price made its bullish market structural shift, so we can expect to move further higher. We're already nearly the Weekend and so we can see small move with that.

#STMX given still holding the support zone now its attempting to have a break, and closing is still pending. Once candle close below then we can have a 15% shorting range, so take it accordingly.

Recent data on Short-Term Holders (STH) reveals an encouraging trend. While these newer investors are currently at a loss (shown by their MVRV ratio below 1), their losses are much smaller than during previous bear markets like 2022. Even better, while Bitcoin's price has stayed flat recently, the STH profitability metric is improving. This suggests new investors are under less financial pressure than typically seen in bear markets.

Upcoming signal has been postponed for tomorrow.

Thank you for your understanding

happy trading. Stay tuned!

Here's the Analysis of #PENDLE :

#PENDLE moving with in the large channel pattern and started a small consolidation inside the resistance area of $4.66 - $4.92. Price looks bullish and healthy and expected to move higher, so look for the Daily candle closure and breakout.

#BITCOIN DAILY TF UPDATE :

#BITCOIN on Daily TF, moved back and forth over the same area and Daily TF kinda turned bearish now, Price also had a dropped to expected area and now we can anticipate to move further higher towards the $70,000 mark. Weekend in on so we price might move slow.

#APE gave a minor reaction but eventually hit the stop due to altcoin dropping hard. Price flipped the area lower and had a very sharp retest and rejection for shorting as per the plan. Price moved 29% in profits in shorts, i hope you played with the setup.

Short-Term Holder data continues to show improving market health, with 62% of their Bitcoin now in profit. This tells us two important things: many of these holders bought between $53k and $66k, and their profitability is reaching new local highs. With the overall supply in profit now approaching its historical average, we're seeing a meaningful recovery in market strength. This improvement suggests reduced selling pressure from newer investors.

What is #MVRV Ratio ?

The #MVRV (Market Value to Realized Value) score is a metric used to assess the #valuation of a cryptocurrency by comparing its market value to its realized value. The #MVRV score helps to gauge whether a cryptocurrency is overvalued or undervalued based on its #historical price movement.

The market value of a #cryptocurrency refers to its current price multiplied by the total supply of #coins in circulation. On the other hand, the realized value takes into account the price at which each coin last moved on the #blockchain, essentially measuring the average price at which investors acquired their holdings.

So what does that Indicate ?

#MVRV Values > 3.5 has generally served as a strong signal for late stage #bull cycles, and heightened probability of heavy #distribution or simple indicate a potential Market Top.

#MVRV Vales < 1.0: indicates that a large cross-section of the #supply is near break-even, or held at a loss. These low values have typically provided strong signal of market capitulation and late stage #bear accumulations or Simply Indicate the Market Bottom.

#ETH played well with the drawn zones, price strongly rejected from the resistance area build around 2760 - $2800. Currently price testing the strong support zone of $2403 - $2424. We need to see some sort of daily close above $2550 to confirm the continuous bullish momentum.

#BITCOIN WEEKLY TF UPDATE :

#BITCOIN on Weekly TF, retraced back to the support zone, and now kinda rejecting it now. Its a good sign that weekly is rejecting and by next week we can expect some sort of higher move to the upside towards $70,000 and All-Time Highs.

#DXY UPDATE :

#DXY continued the push to the upside and we saw some sort of reaction in altcoins too. Index broke the resistance area and weekly closing happened too. We can expect a small move up again, and short-term correction in the global market too and a possible rejection from resistance area 104.87% - 105.18%.

The market's health is further confirmed by Short-Term Holders' profit-taking behavior. They're now taking profits at 14.17 times the rate of losses - a dramatic turnaround from recent weeks. This strong shift from losses to profits indicates a significantly healthier market structure compared to just weeks ago.

Here's the Analysis of #ZEC :

#ZEC is been gave a flip below of the flip area around $33.70 - $34.85 and looks strongly lower as it made a double top pattern over it. We can expect the price to move lower to the supporting trendline and a bounce from there. Price action is not clear, so wait for the price to have the reaction.