Clearly, current market conditions are gloomy and bearish, marked by a significant downturn in the Solana price and Cardano price. And how are whales coping? An interesting trend is the growing interest in new high-potential altcoins like Digitap ($TAP).
Hailed as the next 100x gem, $TAP is considered the best new crypto to invest in. Next, its narrative is the most appealing to the mainstream: a blend of DeFi and TradFi. Further, at $0.0194, it is not only budget-friendly but might be this year’s best cryptocurrency investment—a steal, according to experts.
The Solana price, reflecting bearish sentiments in the overall crypto market, is in a downtrend. A 10% pullback on its 30-day chart sees it trading around the $190 mark. The only good news is the unfolding rebound on its daily chart. Can bulls maintain new momentum?
Like previous attempts at a reversal, this might be another fakeout—the Solana price might revisit the $180 region. However, a clear breakout may send prices higher. An ETF approval by the SEC can also flip sentiment to bullish, or a Fed rate cut this month.
Nevertheless, top analysts like Chill Trader identify signs of a decline below support. If confirmed, the Solana price might slide toward $164, they added. While a rebound is on the cards, a reversal cannot be ruled out either, making diversification a smart move.
Amid the ongoing bear rampage, the Cardano price is hovering around lower price levels. Sliding from its monthly high of $0.9 and down 20%, the Layer-1 coin trades at $0.64. Can it reclaim higher price levels?
Experts believe a clear breakout above $0.7, accompanied by strong volume, may push the Cardano price toward $0.9 and the elusive $1. However, bulls losing the $0.60 support could be the start of a big sell-off.
Ali, a top analyst, believes current support must hold for bulls to have a “real shot at breaking out toward $1.90.” If market conditions remain unchanged, retesting lower price levels isn’t out of the question. But if it does, a significant rebound is on the cards.
Digitap is on whales’ radars for various reasons, from its mainstream appeal to its astounding growth prospects as a new DeFi-TradFi coin. Also worth noting is its remarkable market performance—a 55% surge in the past few days. Aiming to become a leader at the intersection of traditional banking and DeFi, it might be this year’s breakout star.
Positioned to provide financial access to the 1.4 billion unbanked people, Digitap’s recently launched borderless money app is a game-changer. Interestingly, users can be onboarded and get a virtual card in minutes with no mandatory KYC.
In addition to championing true financial anonymity, its cards are co-branded with Visa for global acceptance online and in-store. Not only that. These cards are fully integrated with Apple Pay and Google Pay for seamless payments.
Given the real-world problems it solves, its mainstream appeal is staggering, setting it up for explosive growth. At $0.0194, experts believe it is primed for a 50x growth this year—a must-have.
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Digitap is an emerging cryptocurrency with real utility—allowing users to spend crypto like cash. While the Solana price and Cardano price are in downtrends, it skyrocketed by 55% from $0.0125 to $0.0194, its current price in the second presale round. Besides the expected 38% jump to $0.0268 by the next round, it is tipped to explode by 50x after its market debut this year.
Digitap is Live NOW. Learn more about their project here:
Presale: https://presale.Digitap.app
Website: https://digitap.app/
Social: https://linktr.ee/Digitap.app
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