With predictions for the Dogecoin price and the price of SHIB becoming more active, traders are asking whether these meme coins still have room for another run. Meanwhile, Digitap ($TAP) has gained attention after announcing the integration of Solana on its banking app, which aims to lower fees and improve flexibility for users.
Not only that, Digitap has been highlighted in the market for its presale performance. It is now in its third round, having raised over $4.3 million, and early $TAP coin buyers have reported a 251% return. Given these factors, some traders are considering $TAP as a more utility-driven alternative to the hype-driven DOGE and SHIB.
Dogecoin Close to a Breakout Rally? Things To Keep an Eye On
Although Dogecoin remains one of the most recognized meme coins, it has recently shown downward movement on the charts. CoinMarketCap data indicates that the Dogecoin price fell from around $0.14 to near $0.12 over the past seven days, representing a decline of more than 10% in that period.
Some market observers, including influencer Bitcoinsensus, have suggested that an upswing could occur after the current accumulation phase. In a post on X, the influencer referenced past cycles and forecasted a potential rise in the Dogecoin price to around $0.75.
However, this prediction is viewed skeptically by many traders, partly because DOGE would need a market cap of approximately $120 billion to reach that level. Currently, its market cap sits around $20 billion, meaning significant new capital would be required for such a move.
Shiba Inu: Bullish Signals and Mixed Technical Indicators
Shiba Inu has also shown price declines recently. On the one-week chart, CoinMarketCap data shows the price of SHIB falling from about $0.0000085 to nearly $0.0000075, a drop of close to 10%.
Some traders remain bullish due to a Shiba Inu price forecast shared by influencer Crypto Shib. In a post on X, the influencer suggested that a bullish divergence could indicate a potential upward move, forecasting a target near $0.000032.
On the other hand, technical indicators from TradingView suggest bearish signals for Shiba Inu. For example, both the MACD and the Awesome Oscillator are showing downward momentum, which could indicate further selling pressure.
Digitap: Presale Performance and Solana Integration
Digitap has been gaining attention amid the current market environment, partly due to its recent announcement that Solana will be integrated into its banking app. This integration aims to enable users to fund their Digitap wallets using USDC, USDT, and SOL on the Solana network. Digitap has also stated that it is working on additional integrations, including Ethereum and Bitcoin.
Digitap describes itself as an “omnibank,” allowing users to manage, spend, or swap more than 20 fiat currencies and 100 cryptocurrencies within a single interface. The platform also claims to use AI Smart Routing technology to find lower-cost swap paths, potentially reducing fees for users.
Those who wish to participate in governance or access fee reductions may choose to hold the $TAP token. Digitap’s presale has reported a 251% return for early buyers. Currently, one $TAP coin is priced at $0.0439, with the value expected to reach $0.0454 in the coming days. Around 200 million $TAP tokens have been sold, indicating notable market interest.
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Digitap Compared to Dogecoin and Shiba Inu
Some market participants consider Digitap a more utility-focused option compared to meme coins such as Dogecoin and Shiba Inu. While DOGE and SHIB often rely on social sentiment and hype cycles, Digitap emphasizes a banking use case and multi-chain functionality.
Digitap also highlights a potential target market of unbanked populations, citing a World Bank report that estimates around 1.4 billion unbanked people worldwide. Additionally, the $TAP token has a smaller market cap than DOGE and SHIB, which some investors view as a factor for potential growth.
Digitap’s presale includes staking rewards, with claims of up to 124% APR during the presale period. Some traders are watching $TAP as a possible option for long-term exposure.
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.
