Shiba Inu added another zero to its price after failing to hold a crucial support level. The meme coin slipped below the psychological $0.00001000 threshold, now trading around $0.00000997. Shiba Inu investors have become accustomed to misery, with the token now down more than 50% over the past year.
In contrast, crypto presale project Digitap ($TAP) is showing strong momentum, earning it a spot on lists of crypto to buy now. Digitap’s presale has already delivered over 100% returns for initial investors, with the token poised to break past an artificial $0.03 ceiling as it enters its next funding round.
Digitap’s App Unifies Banking And Crypto For Daily Spending
Digitap is a crypto presale project marketing itself as the world’s first “omni-bank.” This means it offers a single platform for users to manage fiat and cryptocurrency on one platform. Users can store and manage multiple fiat currencies alongside crypto, perform instant swaps, make payments to friends and family, or transfer money globally.
Digitap recently integrated one of the world’s largest payment brands into its ecosystem. It now has a Visa co-branded card and supports Apple Pay and Google Pay. Users can spend their crypto as easily as cash anywhere Visa is accepted.
Users can take advantage of a no-KYC sign-up process, which means no mandatory ID checks for basic features. This is a major selling point for the more than 1 billion people globally who lack access to banking services or have difficulty obtaining ID.
Essentially, Digitap’s core product is a borderless, crypto-friendly banking experience. Users can spend crypto anywhere, send money globally in seconds, and manage all their finances in one app.
Digitap Presale Stands Out as Top Altcoin to Buy
Digitap’s presale event continues to pick up momentum. Currently, Digitap’s native $TAP token is selling for $0.0297, with the next round set to lift the price to $0.0313 within days. Encouragingly, the presale phases have been selling out faster than prior rounds as more investors consider Digitap one of the top altcoins to buy.
Unlike most crypto presale projects and meme coins, Digitap already has a working app and is on a mission to disrupt the global remittance and payments industry that currently processes over $150 trillion annually. Within that, personal remittances (such as money sent by migrant workers to their friends and family back home) are an $860 billion industry.
Legacy remitters, such as Western Union, charge an average 6.2% fee, and a transfer can take up to five business days to arrive. On an $860 billion market, a 6.2% fee equates to around $50 billion siphoned away by intermediaries.
Digitap’s value proposition to this market is that it can perform the same transfer at costs as low as sub-1%. Depending on the route, and if the recipient is also a Digitap user, transfers can settle within seconds.
This real-world utility, which can save people 5–6% on every cross-border transaction, is one of the key reasons why many investors consider $TAP one of the top altcoins to buy.
Source: Digitap
What A Broken Support Means For SHIB’s Near-Term Path
Shiba Inu continues to struggle from a lack of positive catalysts, pushing the meme coin below the important $0.00001000 level. The token’s inability to hold the line underscores the fragility of SHIB’s position: a key support broke and further eroded investor confidence.
In fact, whales now hold 102 billion SHIB tokens, less than half the 220 billion held in late October. Meanwhile, activity on Shibarium has nearly dried up, although it never amounted to much to begin with. For example, the number of new accounts entering the network daily is fewer than 10, and there are fewer than 400 total active accounts.
Source: Shibariumscan
Meanwhile, Shiba Inu’s daily burn rate has nearly ground to a halt, with 69,000 tokens burned on Nov. 8 and 1.12 million on Nov. 9. This is a drop in the bucket compared to the total supply of one quadrillion.
Function Beats Hype: Digitap Gains As SHIB Loses Steam
Shiba Inu, once a headline-grabbing meme coin, is stagnating with its price slipping below key support. Without a clear catalyst, or any metric working in Shiba Inu’s favor, SHIB may continue to drift lower. It could potentially add another zero to its price as holders lose patience and rotate into other opportunities.
Meanwhile, Digitap’s status as one of the top crypto to buy now is driven by factors meme coins can only dream of: real-life utility and a total addressable market measured in the hundreds of millions, if not billions. Essentially, the market is rewarding functionality over hype and cute animals.
Digitap, despite its status as still being a crypto presale project, poses a challenge to expensive and slow money transfers. Investors have rewarded that potential with strong presale participation and rapid price appreciation, making Digitap one of the top altcoins to buy now.
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.
