The Tapswap airdrop price crash can be attributed to supply and demand shifts and user feedback. Post-airdrop, a massive supply of TAPS tokens flooded the market as millions of users received their allocations, overwhelming initial demand. Historical trends show tap-to-earn tokens like Notcoin and Hamster Kombat also plummeted after airdrops due to rapid sell-offs. User frustration from repeated delays—originally set for July 2023, pushed to February 2025—likely fueled distrust, prompting many to dump tokens immediately upon listing. Weak utility and ecosystem engagement further depressed demand, exacerbating the price drop.