Following an unimpressive week, the Ethereum price, including the Dogecoin price, is in a downtrend. That isn’t all. Interest seems to be shifting to a new altcoin with higher upside potential and stronger narratives: Digitap ($TAP). Considered the best cryptocurrency to buy now, it stands out even more as a new player at the intersection between traditional banking and decentralized finance.
Some believe a significant dip in the Ethereum price might play out first before any higher upswings. At the time of writing, the altcoin price hovers around the $4,100 mark and is currently in a downtrend, according to CoinMarketCap.
On the 7-day chart, the Ethereum price has slid by 7%, giving a bearish outlook. It has declined from its monthly high of $4,953, also its monthly high, suggesting dwindling investor interest and confidence.
Bulls losing momentum could lead to a potential decline below the $4,000 level. As put by Zyro, a dip toward $3,900 is on the cards. Nevertheless, inflows into ETH ETFs could be a catalyst for a surge in the Ethereum price, alongside an overall market rally.
After a significant rally over the past few months, the Dogecoin price is currently in a downtrend. However, according to CoinMarketCap data, the dog-themed cryptocurrency has dropped by 9% on its seven-day chart.
However, the trajectory has turned bearish over the past few days. Increasing selling pressure has pushed the Dogecoin price toward $0.23 from its 30-day high of $0.30. Further downturns cannot be ruled out, with some experts eyeing a potential dip below the $0.20 mark.
For Cryptoman, the Dogecoin price could retest $0.9 or lower in the coming days. The shift to newer and more promising altcoins can also be linked to its large market cap, currently at $36 billion and its limited upside potential. Compared to $TAP, it has little room to run, making this new DeFi-TradFi altcoin more attractive.
Digitap ($TAP) continues to spark interest with its unique blend of TradFi and DeFi. It is designed to address key challenges within the payment sector by combining the reliability and familiarity of traditional banks with the speed and global reach of blockchain. In other words, it represents the best of both worlds.
Aiming to solve universal money problems, some of its unique offerings include anonymity and borderless transfers. In addition to no KYC options and offshore accounts, its global transfers are instant with near-zero fees. Further, as the world’s first omni-bank, it features a single control panel for deposits, payments, withdrawals, and exchanges in both fiat and crypto.
Given the above, Digitap is poised for massive adoption and growth, explaining the rising investor interest and demand. Its utility coin, $TAP, has been hailed as the best new crypto to buy now, significantly undervalued at $0.012 in the first presale round. Set to jump to $0.015 in the next round and higher post-launch, FOMO has been steadily rising.
For Info about $TAP, visit Digitap.app Presale or Join the Community
Following a massive surge in demand, the Digitap presale has surpassed $175,000 in early funding as of September 22, outperforming most new ICOs. While the Ethereum price and Dogecoin price are underwhelming. And the contract is clear, $TAP’s future growth potential is staggering, sparking a lot of buzz and driving much interest.
Discover the future of crypto cards with Digitap by checking out their live Visa card project here:
Presale: https://presale.digitap.app
Social: https://linktr.ee/digitap.app
This article contains information about a cryptocurrency presale. Crypto Economy is not associated with the project. As with any initiative within the crypto ecosystem, we encourage users to do their own research before participating, carefully considering both the potential and the risks involved. This content is for informational purposes only and does not constitute investment advice.
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