Bullish sentiment around Bitcoin (BTC) is coming from many sources. Most recently, crypto investment firm Bitwise Asset Management said in a note that Bitcoin is fundamentally undervalued at current prices. According to the firm’s Chief Investment Officer Matt Hougan, Bitcoin should be trading far above the $100,000 level.
However, the reality is that Bitcoin is a $1.7 trillion asset, even at current depressed levels. Even tripling in value in the next five years may seem like a stretch given Bitcoin’s 27% annual average return since 2018.
Despite Bitcoin’s bullish outlook, Digitap ($TAP) remains the best crypto to buy for investors seeking bigger growth potential. Digitap is the creator of the world’s first “omni-bank.” As a crypto presale project, it offers investors a unique opportunity to get in on a compelling project with global potential at the ground level.
Source: Digitap
Why Bitwise Says Bitcoin Undershoots $137T Money Base
According to the recent Bitwise Monthly Bitcoin Macro Investor report, Bitcoin is heavily undervalued compared to the scale of global monetary expansion. This includes Japan’s $110 billion stimulus package, Canada refreshing of its quantitative easing program, and China’s approval of a $1.4 trillion fiscal initiative.
The report estimates that the global M2 money supply stands at a record $137 trillion. Bitwise’s calculations estimate that BTC is undershooting the global money supply by around two-thirds. This would generate a fair value BTC estimate of nearly $270,000.
The firm also estimates that a mere 5% rotation from gold into Bitcoin would dictate a BTC price not too far below $250,000.
Bitcoin’s “mispricing” suggests that markets are slow to fully price in Bitcoin’s growing role as a digital store of value.
Source: @SimplyBitcoin
What a $100K BTC Thesis Means for Growth Tokens Like $TAP
Bitwise’s analysis is more than just a bullish price prediction that many other firms provide. It reflects a broader shift in how major financial players see Bitcoin compared to how it is priced in the market.
If institutions believe Bitcoin should be trading over $100,000, it implies that the current market underappreciates Bitcoin’s utility and long-term potential.
Indeed, mispricing in the crypto market still exists, even for mature crypto assets like Bitcoin. That opens the door for more price discovery in smaller-cap assets with strong fundamentals.
While Bitcoin may be undervalued relative to factors like global money supply or gold, Digitap is the best crypto to buy as it is even more undervalued relative to its potential. The token only kicked off its presale in the summer months and has yet to embark on a global marketing campaign to scale its user base.
Source: @nightwatch_94
Source: @SimplyBitcoin
Digitap’s Banking Utility Places $TAP in Crypto to Buy Lists
Digitap is the creator of the world’s first fintech bank app that blends crypto and fiat in one app. The Digitap bank app is live on iOS and Android devices and offers users access to multiple fiat offshore bank accounts and more than 100 cryptocurrencies.
Users can send, receive, store, save, and invest both fiat and crypto under the same roof. A recent partnership with Visa to power its prepaid debit cards has gone live. The Digitap debit card can be preloaded from the user’s Digitap account with the option to use crypto. If crypto is selected to fund the Visa card, the Digitap app will automatically swap the required amount at the time of transaction.
This innovation solves one of the larger complaints among the crypto community, that their digital assets aren’t usable in everyday life. Digitap solves this by making crypto spendable anywhere Visa cards are accepted.
Another key feature is Digitap’s multi-rail payments architecture that uses AI to route transactions via the fastest and cheapest path. This is especially useful for global money transfers where remitters charge an industry average of 6.2%. Instead, Digitap’s peer-to-peer platform can move the same money within seconds and at a cost of less than 1%.
Source: Digitap
How Digitap’s $TAP Presale Aligns Price With Platform Growth
Digitap’s crypto presale of its native $TAP has been running hot despite the broader crypto market coming under heavy selling pressure since October. Yet, Digitap ranked as a new favorite altcoin to buy during the selloff as the project recently surpassed the $2 million raised milestone.
Digitap’s presale is structured in stages, with the price of $TAP increasing in value at the end of each round. The first round saw $TAP priced at $0.0125, and it has steadily increased to $0.0361.
Digitap’s investor-friendly tokenomics is another catalyst driving a strong presale. Half of the platform’s profit will be allocated toward buyback-and-burn initiatives and rewarding stakers. This directly aligns investors’ interests with the platform’s success as the rate of deflation increases as the company scales in size.
Why Digitap’s Ground Floor May Outrun Bitcoin’s $100K Path
During Bitcoin’s recent dip to the mid-$80,000 range, Digitap’s presale continued to accelerate. In fact, while analysts discuss reasons why Bitcoin should, in theory, trade higher, Digitap’s tiered crypto presale delivered a roughly 190% paper profit to its earliest backers.
With its robust fundamentals and still-small size, Digitap ranks among the top altcoins to buy. Even capturing a minuscule share of the multi-trillion-dollar banking and payments market could yield outsized gains for Digitap.
Essentially, $TAP offers what Bitcoin used to: a ground-floor entry price backed by massive long-term potential.
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
Win $250K: https://gleam.io/bfpzx/digitap-250000-giveaway
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.
