Yescoin, the Recently Launched Swipe-to-Earn Platform on Telegram, Continues to Gain Traction

Yescoin is similar to Notcoin and Hamster Kombat. The only difference is that, instead of tapping, Yescoin works by just swapping on the screen.

Yescoin, a recently launched swipe-to-earn platform on Telegram, has seen rapid growth in the past few weeks. This follows the popularity of other Telegram play-to-earn applications, such as TapSwap, Notcoin, and Hamster Kombat, which have quickly become some of the fastest-growing platforms in the crypto industry.

Yescoin's growth has seen it quickly amass over 18 million users within a month. The platform operates similarly to Notcoin and Hamster Kombat, except that it involves screen swipes rather than taps. Each swipe generates one token.

In addition to swipes, users can also earn Yescoin by performing simple tasks, such as connecting their wallets to the platform, joining the Telegram channel (which currently has over 7.2 million members), and visiting Binance.

The progression of Yescoin is likely to mirror that of other tap-to-earn platforms. At some point, the developers will likely integrate with the fast-growing TON Blockchain and then conduct an airdrop where holders will be able to claim their tokens.

After claiming the tokens, users will either choose to hold them and benefit from potential price increases or cash out. The market cap that the token will reach after being listed on exchanges is anyone's guess.

How will the Yescoin token trade after the airdrop?

Once listed, the Yescoin token will be traded like any other cryptocurrency. As we have seen with Notcoin, the most likely scenario is that the token will initially experience a price drop as users cash out and then later begin to rally.

This price action is common after crypto projects conduct airdrops. For instance, this week, the zkSync (ZK) token initially crashed and then later bounced back on Wednesday.

However, it's important to note that historically, most play-to-earn tokens have not performed well over the long term as they tend to lose engagement along the way.

For example, Decentraland's MANA soared to $5.9 at its peak during 2021 and has since crashed to $0.3. It has struggled to retest its all-time high since then.

Similarly, Sandbox's SAND soared to over $8.4 in 2021 and has since declined to $0.3247. On-chain data shows that both Decentraland and Sandbox have seen a drastic decline in users since their peaks in 2021.

With that in mind, it will be interesting to see how the Yescoin price performs following its airdrop and token listing.

News source：https://www.kdj.com/cryptocurrencies-news/articles/yescoin-launched-swipeearn-platform-telegram-continues-gain-traction.html

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