The Shiba Inu coin has traded lower despite a reported 1 million SHIB token burn. Market attention has also shifted toward other narratives, including utility-focused projects such as the Solana coin and Digitap ($TAP).
SOL is a widely used Layer-1 network that has recently been discussed in the context of Wall Street products. Digitap ($TAP) is an early-stage project running a token sale, according to its public materials. Any market impact or adoption outcomes remain uncertain.
Shiba Inu Coin to Retest Lower Price Levels?
The Shiba Inu coin has hovered around the $0.000010 area that some traders watch as a support level. According to CoinMarketCap data, the token has fallen by about 7% over the past seven days.
Some market participants expected recent burn activity to influence the Shiba Inu coin price, but the move has not been reflected in price action so far. Shibburn reported a 1 million token burn over the last 24 hours, representing a 1,400% increase.
As for potential near-term levels, crypto analyst Profit Demon suggested a possible bounce from the current area and cited $0.000011, $0.000016, and $0.000018 as levels to watch. Such projections are speculative and may not play out.
Solana: market levels and ETF-related coverage
The Solana coin has held near the $170 area in recent trading, with $200 often cited as a nearby resistance level by technical analysts. A move above prior highs would be viewed by some traders as a sign of renewed momentum, although outcomes are uncertain.
Some commentators have pointed to the launch of ETFs tied to SOL as a potential factor that could influence demand, though the direction and magnitude of any impact are not guaranteed.
Crypto Libster, an analyst on X, posted targets around $300 and $400 while citing increased developer and institutional activity as a supporting thesis. Price targets shared on social media are opinions and are inherently uncertain.
Digitap: project overview and token sale context
Digitap is a project that, in its public materials, describes a product concept connecting traditional payment rails with decentralized-finance features. The project also references a token sale and has publicly displayed a token price of $0.0268 at the time of writing; readers should verify any figures directly with the project.
According to project descriptions, Digitap aims to support international transfers with low fees and to offer virtual and physical cards linked to crypto and fiat balances. Any claims around fees, availability, and supported jurisdictions may change and should be independently confirmed.
The project has also referenced potential integrations with major payment platforms in its marketing materials. These references should not be interpreted as confirmed partnerships unless independently verified through primary sources.
From memes to utility: narratives that traders are watching
SHIB has remained under pressure in recent sessions despite burn-related updates, while SOL continues to draw attention amid ETF-related coverage and broader market activity. Digitap, meanwhile, is being discussed by its team as a payments-focused project connected to a token sale. None of these developments guarantees future price performance.
Project links (for reference):
Website: https://digitap.app
Social: https://linktr.ee/digitap.app
This article is for informational purposes only and does not constitute financial or investment advice. This outlet is not affiliated with the project mentioned. References to a token sale and project features are based on publicly available project materials, which may change.
