As the crypto market faces renewed volatility, Toncoin (TON) fell 3.3% to $1.59 over the past 24 hours at the time of writing. With sentiment weakening across the sector, some market participants are also monitoring early-stage token fundraising projects alongside large-cap assets.
One project mentioned in this context is Digitap ($TAP), which describes itself as a crypto banking platform built around a cashback Visa card and an “omnibank” app.
According to the project, it offers a global money app and a cashback Visa card intended for real-world payments. Digitap also says its token is designed to support activity within its ecosystem.
TON Under Pressure as Market Sentiment Weakens
Toncoin’s move lower comes amid a broader market pullback. The Crypto Fear & Greed Index has recently shown “Extreme Fear,” while Bitcoin has been volatile and many altcoins remain below prior highs.
Crypto Fear and Greed Index. Source: Alternative.me
For TON, trading volume was reported down nearly 20% in 24 hours to about $82 million, and the token was down roughly 65% year-over-year at the time of writing. TON is associated with Telegram’s ecosystem and the integration of the TON blockchain into Telegram features.
With overall crypto market capitalization recently reported below $3.2 trillion, some market observers have also been tracking projects positioned around payments or other real-world use cases alongside short-term price moves.
Cryptocurrency market cap. Source: CoinGecko
In that backdrop, Digitap’s ($TAP) token sale has been presented by the project as a payments-focused initiative that also references privacy features. The project reports that it has raised more than $2.3 million.
Digitap: Project Overview and Reported Features
Digitap ($TAP) describes its product as an “omnibank” that aims to bridge crypto and fiat in a single app. The project positions its offering around payment functionality and user privacy, though availability and requirements may vary by jurisdiction and service provider.
According to Digitap’s materials, the platform centers on a cashback Visa card intended for global spending, including support for tap-to-pay and mobile wallets such as Apple Pay and Google Pay where available. The project also describes automatic crypto-to-fiat conversion for card transactions. Any identity-verification (KYC) requirements depend on the specific service, jurisdiction, and partners involved.
Digitap also says it offers tools aimed at businesses, including crypto payment gateways and customizable neobanking functions. The project describes a feature called “DigiTag” intended to simplify transfers by using identifiers instead of wallet addresses or bank details.
Digitap states that the $TAP token is intended to support activity across its ecosystem. The project reports a fixed supply of 2 billion tokens and describes mechanisms such as token burns tied to certain transactions or fees; however, the effect of any such mechanisms depends on actual usage and future implementation.
The project also says $TAP may be used for functions such as staking, access tiers, governance features, and potential fee reductions, subject to the platform’s rules and any applicable restrictions.
Digitap says it has a beta version of its app and has emphasized compliance and privacy in its messaging. As with any early-stage crypto project, independent verification of claims and careful assessment of risks are important.
$TAP Token Sale: Project-Reported Figures and Context
Digitap reports that it has raised more than $2.3 million and sold more than 141 million tokens as part of its token sale. Any pricing, timelines, or future exchange availability referenced by a project should be treated as tentative and subject to change.
The project has also promoted limited-time marketing campaigns and incentives around the sale. Such incentives are promotional in nature and do not indicate future performance.
Separately, Digitap says token holders may have access to features such as staking or cashback-related benefits within the app, depending on the product configuration and local availability.
Project links (for reference)
Website: https://digitap.app
Social: https://linktr.ee/digitap.app
This article contains information about a token sale. This outlet is not affiliated with the project mentioned. This article is for informational purposes only and does not constitute financial or investment advice.
