Shiba Inu falls below $0.00001000 as Digitap outlines payments-focused crypto app

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Shiba Inu added another zero to its price after failing to hold a key support level. The meme coin slipped below the psychological $0.00001000 threshold, trading around $0.00000997 at the time of writing. Over the past year, the token is down more than 50%.

Separately, Digitap ($TAP) has attracted attention as an early-stage project conducting a token sale. The project says it is moving through multiple fundraising phases, though token-sale pricing and participation do not indicate future performance.

Digitap outlines an app combining banking-style features and crypto spending

Digitap is a project conducting a token sale and marketing itself as an ā€œomni-bank.ā€ According to the project, it aims to offer a single platform to manage fiat and cryptocurrency in one app. The project materials describe features such as holding multiple fiat currencies alongside crypto, swapping assets, making peer-to-peer payments, and sending money internationally.

The project says it has integrated a major payments brand into its ecosystem, including a Visa co-branded card and support for Apple Pay and Google Pay. Availability and functionality can vary by location and provider.

Digitap also says that some app features may be available without identity verification, although ID checks and other requirements can apply depending on jurisdiction, limits, and compliance obligations.

Overall, Digitap positions its product as a cross-border, crypto-friendly payments and money-management app, with a focus on spending and transfers.

Digitap token sale: what the project reports

Digitap says its token sale is being conducted in phases with different price tiers. Any such pricing is set by the issuer and does not guarantee liquidity, listing, or market performance after the sale.

The project also says it has a working app and is targeting global remittances and payments—markets it describes as very large, including personal remittances that it cites at around $860 billion annually.

In its materials, Digitap contrasts its approach with legacy remittance providers, citing average fees of 6.2% and settlement times of up to five business days for some services. Costs and delivery times vary by provider, corridor, and payment method.

Digitap says transfers could be cheaper and faster in certain cases, including when both parties use its product, but real-world outcomes depend on fees, liquidity, rails, and compliance checks.

The project argues that lower fees and faster settlement could be useful for cross-border payments, though these claims have not been independently verified in this article.

Source: Digitap

What a broken support means for SHIB’s near-term path

Shiba Inu continues to trade below the $0.00001000 level. From a technical perspective, losing a commonly watched support zone can affect near-term sentiment, although price direction remains uncertain and can change quickly in crypto markets.

On-chain dashboards also suggest reduced activity. For example, data shown on Shibariumscan indicates whales hold 102 billion SHIB tokens, down from 220 billion in late October. The same source shows fewer than 10 new accounts per day and fewer than 400 total active accounts.

Source: Shibariumscan

Meanwhile, reported SHIB burn activity appears to have slowed, with 69,000 tokens burned on Nov. 8 and 1.12 million on Nov. 9. Relative to the stated total supply of one quadrillion, these are small daily amounts.

Utility narratives and market performance can diverge

Shiba Inu, once a headline-grabbing meme coin, has been trading weaker after losing a key technical level. Absent a clear catalyst, some traders may focus on on-chain activity and broader market conditions when assessing short-term price risks.

Digitap, by contrast, is being presented by its team as a utility-focused payments product. As with any early-stage crypto project and token sale, participation involves material risks, including execution risk, regulatory uncertainty, and the possibility of illiquidity.

Project links (for reference)

Website: https://digitap.app 

Social: https://linktr.ee/digitap.app 


This article is for informational purposes only and does not constitute financial or investment advice. This outlet is not affiliated with the project mentioned. Crypto assets are volatile, and token-sale participation can involve significant risk, including loss of capital.

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