The numbers never lie and BNB is down nearly 15% and Sui has plummeted more than 13%. Both slid hard after the flash crash as market makers cut risk, books shrank, and bids thinned across the long tail.
Capital is moving rapidly and increasingly presales such as Digitap ($TAP) are becoming the flight to quality trade. Investors can early stage access to disruptive protocols at presale vaulations, multiples lower than majors offer, and they are shielded from volatility thanks to structured pricing.
And with Digitap’s native token $TAP set to jump to $0.0268, a 38% increase from its current price of $0.0194 these investors are even locking in paper gains before the token launches. Here is what investors need to know about Digitap.
October Flash Crash & What Happened to the Altcoin Bid
Billions were liquidated and the after effects continue to ripple through crypto. When even market makers get forcibly liquidated the outcome is always bad. Professional market makers always protect capital first.
Inventory is reduced, spreads widen, and quoting depth basically vanishes on smaller pairs. With no support under prices, altcoins start to trade erratically and this is what is happening currently. Nobody knows how many bodies need to float to the surface, and smart money is staying away from alts currently.
That’s what the rotation back to presales is in full swing. Investors get to make a thesis-driven investment while builders ship and volatility is turned off.
BNB Falls Out of Parabola and Deals with Binance Fall Out
BNB is already 20% below its all-time highs and bulls will need to step in at the 10-day moving average ($1,040) to have any hope of rpeventing a more dramatic downturn.
Typically BNB benefits from being closely tied to Binance, crypto’s largest centralized exchange, because it gets a massive venue, liquidity, integrations, and constant flow. But that close relationship is working the other way after Binance was largely responsible for forcibly deleveraging billions of dollars during the flash crash.
Public anger over forced deleveraging is spilling over into the BNB order books. While BNB remains a blue chip, smart money will be waiting for the dust to settle before taking a position in either direction.
Will SUI Ever Recover Bullish Trend?
Sui always performs well when animal spirits abound as a next-gen layer 1 with enormous throughput and modern tooling. But when liquidity is thin investors start to ask is Sui generating any revenue today and does the token benefit from people using the chain.
Generalized layer 1s are being repriced to the downside with faster solutions such as Monad coming online and SUI’s nearly 14% weekly decline might just be the start given the chart. SUI looks like it wants to revisit the flash crash wick and without meaningful cashflows there will be few investors willing to step in at these levels.
Why Presales Are Winning: The Breakneck Rise of Digitap
Presales are crushing it currently for two simple reasons: lower valuations and protection from volatility. Early access plus clear value capture will always beat late access plus vague promises when liquidity is tight.
Digitap has become a flight to quality trade and the world’s first omni-bank is closing in on having raised $1 million. It offers a single app that treats fiat, stablecoins, and crypto as the same kind of value inside one account.
It has multi-rail archietucre integrating both legacy rails and blockchains. But for end users the experience is like a modern neo-bank but fastest, more cost effective, and more convenient with all balances united together.
Digitap’s distribution has been perfect with a Visa card partnership. Virtual and physical cards with a non-KYC sign-up process, plus Apple Pay and Google Pay support. Additionally users can do real-time swaps between fiat and crypto pairs meaning they can quickly dodge any volatility if another flash crash happens.
BNB vs. SUI vs. $TAP: Which Altcoins Wins in Q4?
Markets are rewarding real-world adoption above all these days, and Digitap is already targeting multiple-trillion dollar industries such as cross-border payments. Its blockchain integrations allow it to outpace its competitors, while its consumer-first approach ensures regular people start using it today.
BNB’s 14% drop and SUI’s 13% plummet show that when sentiment reverses, majors quickly nosedive. And with market makets not willing to stpe into the books any time soon this trend likely continues.
Digitap is the opposite. It is focusing on distribution and getting as many people using its omni-banking services as possible today. The native $TAP has massive deflation built in with 50% of platform profits used for burns. And the current price of $0.0194 looks very undervalued. Soon set to increase to $0.0268 investors who move fast will be able to lock in 38% gains today.
Discover how Digitap is unifying cash and crypto by checking out their project here:
- Presale: https://presale.digitap.app
- Website: https://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.
