What is America Party (TAP) crypto coin? The truth about this political meme token

There’s a crypto token called America Party (TAP) that’s been floating around online with a strange promise: it claims to represent the everyday American. But if you dig deeper, you’ll find it’s not a political movement, not a financial tool, and definitely not an investment. It’s a meme - and a pretty weak one at that.

What TAP actually is (and isn’t)

TAP is an ERC-20 token on the Ethereum blockchain. That means it works like any other token you’d hold in MetaMask or Phantom - you need ETH to pay for gas fees, you send it to wallet addresses, and it shows up in your balance if you add the contract: 0x8080779e8366ea28cd1c99bd66ac6d04fce73bf9. But beyond that, there’s nothing technical about it. No smart contracts for staking. No utility. No roadmap. Just 1 billion tokens, all in circulation, with no way to create more.

It was never meant to solve a problem. It wasn’t built to be used for payments, DeFi, or governance. Instead, it’s a joke wrapped in political branding. The creators took the idea of American patriotism - freedom, hard work, the middle class - and turned it into a token name. Phantom Wallet even describes it as representing ‘the 80% of Americans in the middle.’ But that’s not a mission statement. It’s marketing fluff, the kind you’d see on a parody website.

There’s no official America Party. No registered political organization. No candidates. No platform. PolitiFact confirmed this in early 2024: TAP has zero connection to any real political group. It’s satire, pure and simple. And like most satire, it only works if you get the joke - which, for most people, it doesn’t.

Where you can find TAP (and why you shouldn’t trust the prices)

You can buy TAP on exchanges like Coinbase, Bitget, and Bitrue Alpha. But here’s the catch: the price changes wildly depending on which platform you check.

On CoinGecko, as of February 2024, TAP was trading at $0.00008818. That gave it a market cap of just $88,018.49 - ranking it #5708 out of over 25,000 cryptocurrencies. On Bitrue, the same token was listed at over $0.002640 just months earlier, with a claimed $2.6 million market cap. That’s a 30x difference. And that’s not a glitch. That’s how low-liquidity meme coins work.

One exchange shows high volume because a few people are trading back and forth among themselves. The next exchange shows zero volume because no one else is buying. That’s why Crypto.com lists TAP’s 24-hour volume as ‘unavailable.’ It’s not that the data is missing. It’s that there’s nothing to measure.

Even if you buy TAP on Coinbase, you might not be able to sell it later. One user on Bitrue’s comments section reported trying to sell 500,000 TAP - and the entire buy wall was only 10,000 tokens. That means you’d be stuck holding it, watching the price drop, with no one to sell to.

How TAP compares to other meme coins

Meme coins aren’t new. Dogecoin and Shiba Inu blew up because they were funny, had big communities, and got celebrity attention. TAP has none of that.

Here’s a quick comparison:

TAP doesn’t even compete with other political meme coins like $TRUMP. Those tokens at least ride real news cycles - elections, debates, scandals. TAP launched with no event behind it. No hype. No momentum. Just a name and a contract address.

Why TAP is a high-risk gamble

Let’s be clear: buying TAP isn’t investing. It’s gambling. And not the fun kind.

There’s no team behind it. No developers updating the code. Etherscan shows no contract changes since launch. No whitepaper. No roadmap. No future plans. It’s a dead project waiting for the final price drop.

Industry analysts like David Bailey from CoinDesk have called political meme coins ‘wash trading vehicles’ - meaning people buy and sell among themselves to fake volume and lure in new buyers. That’s exactly what’s happening with TAP. The price swings aren’t because of demand. They’re because of pump-and-dump schemes.

And the numbers back it up. Only 1,842 wallets hold TAP. Just 47 were active in the last 30 days. That’s not a community. That’s a graveyard.

Even if you’re willing to risk your money, the odds are brutal. Messari’s data shows 99.7% of tokens under $100,000 market cap fail within 18 months. TAP is already 96% down from its peak. It’s not coming back.

What you need to know before buying

If you still want to try it - and you’re okay with losing whatever you put in - here’s how to do it safely:

1. Use only reputable exchanges like Coinbase or Bitget. Avoid random DeFi platforms.
2. Never invest more than you’re willing to lose. Think $10, not $1,000.
3. Add the token manually using the contract address: 0x8080779e8366ea28cd1c99bd66ac6d04fce73bf9.
4. Use limit orders, not market orders. Market orders will get you crushed by low liquidity.
5. Expect slippage. The price might change 10-20% between when you click buy and when the transaction goes through.
6. Don’t trust any Telegram or Discord groups claiming to be ‘official.’ Most are empty.

And if you’re thinking of holding TAP long-term? Don’t. It’s not a store of value. It’s not a currency. It’s not even a meme with staying power. It’s a digital ghost.

Is TAP going anywhere?

No.

There’s no evidence of any development, partnership, or community growth. The token’s market cap has collapsed from $2.6 million to under $100,000 in under six months. That’s not a dip. That’s a freefall.

Delphi Digital’s 2024 report says meme coins without real community or utility die within 90 to 180 days. TAP is past that point. It’s in its final stage - quiet, ignored, and slowly fading to zero.

The only way TAP could survive is if someone bought it, added real utility, and rebuilt it from scratch. But no one has. And no one will. Why would they? There’s nothing valuable here to save.

Final verdict

America Party (TAP) is a joke that didn’t land. It’s a low-effort meme coin with no community, no utility, and no future. It exists only because exchanges list it - not because anyone believes in it.

If you’re looking for a crypto project that might actually do something, TAP isn’t it. If you’re looking for a political movement, TAP isn’t that either. It’s just a ticker symbol on a blockchain, slowly losing value while people pretend it means something.

Don’t buy it because it’s ‘funny.’ Don’t buy it because it’s ‘cheap.’ Buy it only if you want to lose money on a joke that’s already over.