Cardano and Shiba Inu slip as influencers share price targets; Digitap promotes token-sale plans

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Recently, both the price of ADA and the Shiba Inu price have been declining on the charts. This move followed Bitcoin trading below the $85,000 level. Despite this, some influencers, including Crypto Patel and Timmi Arno, have shared speculative price targets.

As Cardano and Shiba Inu attempt to stabilize, a newer project, Digitap ($TAP), has been cited in promotional posts and marketing materials alongside claims about an early-stage token sale. Any price projections mentioned in such materials are speculative and should not be treated as guarantees.

Cardano To Reach a Target of $5.81? Things To Keep an Eye On

Cardano is among the larger cryptoassets by market capitalization, but it has seen volatility recently. CoinMarketCap shows that the price of ADA fell from around $0.50 to nearly $0.40 in the past seven days. In other words, there was an approximate 20% dip over one week for Cardano.

Influencer Crypto Patel has remained optimistic about the Cardano crypto. According to his X post, he pointed to a retest of a level he associates with a previous rally. He also shared a potential upside scenario that includes a price target of $5.81.

Market participants remain divided on this Cardano price prediction. Reaching the $5.80 area would imply a much larger market capitalization than current levels, meaning materially higher demand would be required. Past price performance does not predict future results.

Shiba Inu Projected To Rebound, but Is It Possible?

Shiba Inu has also been volatile. On the one-week chart, the Shiba Inu price saw a dip from around $0.0000090 to nearly $0.0000075 as per CoinMarketCap. This is roughly a 15% drop over several days for SHIB.

Some traders have pointed to a Shiba Inu price prediction shared by influencer Timmi Arno. In a recent post, Timmi informed his X community that he views the token as sitting in a high-volume zone and outlined a scenario in which the Shiba Inu price could move toward $0.000011. This is an opinion and not a certainty.

Meanwhile, TradingView indicates bearish signals for the Shiba Inu coin on some technical indicators. For example, its MACD reading has been described as trending lower while volume increases, which some traders interpret as higher selling pressure and the potential for further downside in the Shiba Inu price.

Digitap: Project claims about an early-stage token sale and product plans

Digitap ($TAP) is being discussed online alongside claims about an early-stage token sale. Details such as fundraising progress and price levels are promotional statements published by the project and may change; they are not independently verified here.

According to project materials, Digitap is developing a global money app described as an ā€œomnibank,ā€ intended to let users manage and convert fiat currencies and multiple crypto coins in one place. The project also advertises certain fee policies (for example, no account maintenance fees), which prospective users should verify directly with the provider and applicable terms.

Separately, there have been unconfirmed online rumors about a potential listing on a major exchange. Such claims should be treated cautiously unless confirmed by the exchange or the project through official channels.

How Digitap differs from Cardano and Shiba Inu

Cardano and Shiba Inu are established tokens with large, liquid markets, while Digitap is described by its materials as an early-stage project. Comparisons based on market capitalization or ā€œutilityā€ are not, by themselves, indicators of likely price performance. Any forecasts about large percentage gains or future pricing should be treated as speculative and uncertain, particularly for early-stage tokens.

Digitap’s positioning is frequently linked to trends in cross-border payments. For context, Scalefocus estimates will reach $320 trillion by 2032. Market-size estimates do not guarantee that any specific product or token will benefit.

Project links (for reference):

Website: https://digitap.app 

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


This article contains information about an early-stage token sale. This outlet is not affiliated with the project mentioned. As with any initiative within the crypto ecosystem, readers should do their own research and consider the risks involved. This article is for informational purposes only and does not constitute financial or investment advice.

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