Recently, both the ADA price and the price of Shiba Inu moved lower as Bitcoin fell to around $80,000. Some market participants have also pointed to an early-stage project called Digitap ($TAP) in discussions, although its claims and figures should be treated as project-reported.
Some influencers, including Trend Rider, have suggested Cardano could revisit the $1 level, while others have focused on projects tied to payments and digital banking narratives. For context on the broader sector, Precedence Research has published estimates for the e-banking market, though such forecasts do not indicate how any specific token may perform.
Cardano Could Revisit $1? Mixed Signals on the Charts
Cardano is one of the larger cryptoassets by market capitalization, but it has weakened on recent price charts. CoinMarketCap data shows the ADA price fell from around $0.46 to nearly $0.40 over the past seven days, which is roughly a 10% decline over that period.
Trend Rider has remained constructive on Cardano. In an X post, he referenced a “strategy #6” indicator and compared it to a prior period when ADA rose from around $0.50 to above $1. Any such comparison is speculative and does not guarantee a repeat move.
However, TradingView technical summaries at the time of writing showed momentum and MACD readings aligned with selling pressure. These indicators can change quickly and should not be read as a definitive forecast for the ADA price.
Shiba Inu: Volatility Continues and Traders Watch Technical Levels
Shiba Inu is a meme coin that has also been volatile. On the one-week chart, the price of Shiba Inu dipped from around $0.0000090 to nearly $0.0000080, based on CoinMarketCap data. The same data reflected a broader 30-day decline of more than 20%.
Some traders have pointed to chart patterns as a potential reversal signal. In a post on X, influencer BKCRT discussed a falling wedge formation and suggested that, if a breakout occurs, SHIB could move toward $0.000010. This is an opinion-based scenario rather than a confirmed outcome.
At the same time, TradingView technical summaries also showed indicators consistent with continued selling pressure. As with all technical analysis, these readings are not predictive on their own and may change with market conditions.
Digitap: Token Sale Mentions and Product Claims
Digitap has been referenced by some accounts discussing payment-focused crypto projects. According to project materials, it is conducting a token sale and has reported raising more than $2 million. Any fundraising totals or token performance claims are not independently verified here.
The project describes its product as a “global money app” that supports virtual and physical Visa-branded crypto cards, with integrations that include Google Pay and Apple Pay. Digitap also advertises privacy-oriented onboarding; readers should note that identity-check requirements can vary by jurisdiction and provider and may change over time.
Project descriptions say the $TAP coin is intended to be used within the platform and may be linked to features such as cashback, staking rewards, and fee reductions. Digitap also reports that more than 130 million tokens have been sold. These are project-reported figures and do not indicate future price performance.
How Some Market Participants Compare Digitap With ADA and SHIB
In commentary circulating online, some participants argue that a smaller, early-stage token could move more sharply than larger assets during periods of changing sentiment. This framing is speculative and should not be interpreted as a recommendation or as an indication of likely returns.
Digitap has also promoted time-limited marketing incentives and events, according to its public communications. Such promotions are marketing activity and are not evidence of product adoption or investment merit.
Project links (for reference):
Website: https://digitap.app
Social: https://linktr.ee/digitap.app
This outlet is not affiliated with the project mentioned. This article is for informational purposes only and does not constitute financial or investment advice.
