Ethereum, the second-largest cryptocurrency by market cap, is struggling right now. Despite forecasts that utility tokens will be the best way to achieve returns in the current bear market, Ethereum’s prospects look dim, with many investors looking at other utility tokens like Digitap (AP). Ever since Digitap announced its massive Black Friday offer, investors have been piling into what could end up being the potential altcoin to buy during the current bear cycle. Even as Other Major Coins Recover, Ethereum’s Struggles Continue Many crypto enthusiasts now believe the crypto bear market is ending soon and are actively seeking top cryptocurrencies to buy. This can be seen by a slight recovery among most major coins. Ethereum, however, seems to have been hit harder than many of its competitors. Over the last month, Ethereum’s price has dropped by over 26%. Bitcoin has only dropped around 22%, and most other major coins are in the 20-25% range. According to data from TradingView, Ethereum’s 20-day simple moving average is currently at 3, 146, while its exponential moving average for the same period is 3, 132. Both of these indicate a ‘sell’ rating for investors. Furthermore, out of 9 oscillators that TradingView tracks on Ethereum, 7 of them are currently ‘neutral’ and 2 are ‘sell’. While the outlook for Ethereum has undoubtedly improved over the last week or so, the technical data indicates that investors are still bearish on Ethereum compared to other major coins. Could Digitap Eclipse Ethereum in 2025? Ethereum launched its network in 2015. It was meant to be the original utility token. Unlike Bitcoin and other tokens that acted as digital currencies, Ethereum was described as being much more versatile. Its ecosystem could be used to power decentralized apps, launch other projects, and allow cryptocurrencies to act in a manner much similar to traditional fiat currencies. However, since its release, there have been an abundance of tokens that some investors believe can provide much more utility than Ethereum can. One token that has garnered immense attention this bear cycle is Digitap, the world’s first omnibank. Through its multi-rail mechanism, Digitap can transact across both blockchain and fiat payment systems simultaneously, allowing unparalleled utility to its users. Digitap could be the potential crypto for the bear market, as it has already held its price very well. In fact, the price of the token has risen during the current cycle. One of the reasons for this is that, as a presale, Digitap has a lot more potential upside compared to a mature coin like Ethereum. Investors who are aware of this fact are piling into the coin, having helped it raise over $2 million already. Digitap’s ability to raise funds even as other projects stall has created a feedback loop where investors are investing in what could be the top crypto to buy right now in unprecedented numbers. It seems that the smart money is trying to take advantage of the current low price and discounts before the price goes up. Considering that round 2 is over 90% complete, the price is expected to increase in a matter of days. Digitap’s Black Friday Drops Create Unprecedented Hype as Investors Move in Droves The development team behind Digitap has announced a massive giveaway this weekend for Black Friday. From Friday through Monday, there will be a new offer every single hour. Each offer will last only for that specific hour, and many of the best offers will be limited to the first few people who can claim them. Claiming the offer is simple. Once the campaign goes live, investors need to check in every hour to see which offer they have unlocked. After that, they need to claim the offer before the time runs out. The rewards and other exclusive perks are available instantly, with no hidden terms and conditions. USE THE CODE “QUICKTAP40” FOR 40% OFF FIRST-TIME PURCHASES The drops are not just limited to tokens and discounts. Through Digitap’s partnership with Visa, users will be able to claim a Visa card that can be used to spend both crypto and fiat at over 150 million merchants worldwide. The development team behind Digitap has confirmed that they will be offering more than $1 million in rewards over the 96 hours. The rewards will be spread amongst the offers, so investors who are present throughout the period and manage to enter more drops stand to benefit the most. Discover how Digitap is unifying cash and crypto by checking out their project here: Presale: Website: Social: Win $250K: Read more: Digitap Presale Surpasses $2M Amid Market Slowdown Disclaimer Please be advised that all information, including our ratings, advices and reviews, is for educational purposes only. Crypto investing carries high risks, and CryptoNinjas is not responsible for any losses incurred. Always do your own research and determine your risk tolerance level; it will help you make informed trading decisions.
https://bitcoinethereumnews.com/tech/digitap-tap-presale-gains-attention-ahead-of-black-friday/
Digitap ($TAP) Presale Gains Attention Ahead of Black Friday
