The cryptocurrency market is experiencing volatility as Ethereum drops below $4,000 and Dogecoin fails to sustain the $0.20 level. Investors are currently moving to other projects that have withstood the downtrend. One such project is Digitap ($TAP).
The cross-border payment giant has gathered a lot of interest in the crypto market, raising over $1.2 million in funding. Over 83 million coins have been sold so far, with early investors bagging up to 80% ROI. Analysts say that Digitap has the potential to provide a 100x surge, making it one of the best altcoins to buy now.
Ethereum Whale Purchases 200,000 ETH Despite Downtrend: Will Price Pump Soon?
Ethereum is having a hard time staying above the $4,000 area as it presents some mixed sentiment on charts. The data provided by CoinMarketCap indicates that the price of Ethereum has increased by 0.54% in the weekly chart.
However, it is down by 6.2% on the monthly timeframe. Meanwhile, on-chain data shows that whales have been accumulating Ethereum. 200,000 ETH worth $780 million was removed from exchanges in 48 hours, according to Santiment data shared by Ali_Charts.
This accumulation signifies high investor interest, which may force an Ethereum price rebound in the coming days. One analyst who is positive about this rebound is Mister Crypto.
The analyst noted that the Ethereum price is ready for the distribution stage, which could push it to a peak of $5,600. Yakuza gave a similar Ethereum price prediction, posting a target of $5,000.
SantinoCripto, another analyst, highlighted a similarity between the US Russell 2000, which hit a new peak recently and the Ethereum price chart. He believes the ETH price will follow in its footsteps, soaring to a peak of $6,000 by November-December.
Dogecoin Trades Within a Tight Range: Can DOGE Breakout Soon?
According to CoinMarketCap, the Dogecoin price is holding a narrow range of consolidations between $0.18 and $0.20. The sluggish price action indicates that there is low volatility as well as indecisiveness in the mind of the traders, and this indicates that neither the buyers nor the sellers are dominating the market.
The current RSI is at 41.30, which means that the momentum is poor and the market may readily swing in any direction in case there is a surge in volume. Due to a similar trend in 2020, Galaxy predicts that the Dogecoin price might trigger a major uptrend in November.
In the event that this occurs, the analyst predicts that the price of the DOGE might go up to $0.24, $0.39, and $0.75. Another expert, EtherNasyonaL, also cited historical patterns in their Dogecoin price prediction. According to them, the memecoin’s current structure is similar to that in past cycles.
EtherNasyonaL notes that the price of Dogecoin is in the third bull wave and could rally to $0.55 soon. Meanwhile, EmilioBojan believes a Dogecoin ETF approval by the SEC could change the current downtrend. They expect the value of Dogecoin to drop to $0.15 before rebounding to $0.30
Digitap Cross-border Utility Attracts Interest To Presale
Digitap, the crypto-fiat platform branding itself as the world’s first omni-bank, is gaining traction in its ongoing presale. With over $1.2 million raised and 57% of Round 2 completed, the project is becoming one of the best ICOs in the market.
Digitap is developing a platform where freelancers, migrants, and businesses can send funds across borders. The project seeks to solve the shortcomings of traditional platforms, speed, and fees.
Users can deposit, convert, and spend crypto or fiat using real-time exchange tools and multi-currency wallets. Its Visa card integration enables global spending in seconds, with fees under 1%, bypassing the long delays and costs typically seen in SWIFT or ACH-based transfers.
Digitap has already launched its app on the Google Play Store and iOS App Store. Coinsult and Solidproof, two top security audit firms, have already reviewed Digitap’s smart contracts to ensure they are free of bugs.
At the current rate of $0.0268, investors have a short time to buy Digitap’s $TAP coin before it increases to $0.0297. Those who buy at the current price could gain up to 422% when $TAP launches at $0.14.
As the presale advances, Digitap’s combination of real-world use cases, strong audit transparency, and discounted entry points makes it a project that both early users and sharp investors are watching closely.
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Which Hidden Crypto Gems Are Savvy Investors Buying?
While Ethereum and Dogecoin struggle amid market weakness, Digitap’s growth trajectory is gaining notice. Analysts and investors are focusing on its utility-driven model and presale momentum.
With forecasts pointing to potential 100x gains, Digitap is emerging as the best crypto investment for new and old investors who want to grow their portfolios.
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
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.
