Is the memecoin crash just beginning? Market watchers seek out Digitap for solid gains
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Utility-driven tokens gain momentum as memecoins plunge, with Digitap’s soaring presale drawing investor attention.
- Memecoins slump in the bear market while Digitap surges 160%, emerging as the top utility-driven presale pick.
- Digitap’s omnibank utility and token burns boost demand, positioning TAP as a standout amid falling altcoins.
- Digitap’s Black Friday sale and 40% discount accelerate sales past 132m tokens, fueling bullish investor momentum.
The crypto bear market is fully underway, and memecoins are being hit the hardest. Having seen major memecoins like DOGE lose roughly a quarter of their value last month, analysts now believe that utility plays will primarily fuel returns for enterprising crypto investors.
At the forefront of what many are dubbing the best crypto presale for the utility coin era is Digitap (TAP). Having already delivered over 160% gains to early investors, many experts see Digitap climbing higher in the near future, especially as it is in its presale phase and could unlock a lot more value.
Memecoins struggle in the crypto bear market
It is accepted wisdom in the crypto world that some of the best altcoins to buy during a bull market are memecoins. Coins such as Shiba Inu and Dogecoin tend to rise rapidly once a bull market is underway, driven by their speculative nature and Twitter-fueled hype.
However, the reverse is also true. During a bear market, it is precisely their speculative nature that causes memecoins to fall much faster than the general crypto market. Over the last month, Dogecoin has lost over 25% of its value. In comparison, Bitcoin is down by around 22%.
Other memecoins are not doing too well either. Over just the last week, PEPE and BONK have both lost over 15%, while PENGU has lost over 20%. Even memecoins that are doing better than their peers, such as Memecore and Cheems, have lost around 10% in the same time period.
Memecoins trailing the market average during bear markets is nothing new, and many crypto investors have come to accept these losses as a downside of being invested in the crypto ecosystem. This time, however, many experts are convinced that utility-based tokens could be the top cryptos to buy during a bear market.
Experts predict Digitap price increase even during the bear market
The crypto industry has matured significantly since the last major bear market. Unlike DOGE, which was launched as a joke, new projects are developed with the intention of broadening the horizons of the crypto market and enabling crypto investors to access the world’s financial ecosystem.
One coin many experts are keen on and consider the top crypto to buy in the bear market is Digitap. Digitap is the world’s first omnibank, introducing the multi-rail architecture, which allows users to spend their crypto while also having access to a fiat bank account. This means that users of Digitap can use their crypto to make everyday purchases and send money to any fiat account worldwide.
Digitap is a total utility play. It focuses on providing a complete banking experience to its users. This means that even when the crypto market is in a free fall, chances are there will be a lot of users transacting through Digitap every day. Since the Digitap token is a key part of the Digitap banking experience, this should help provide upside pressure on the token’s price.
The development team behind Digitap also uses 50% of the profits from the platform to burn TAP and reward stakers. This only encourages more crypto investors to hold Digitap, and the constant push to diminish supply only places further upside pressure on the coin’s price.
All of these factors, along with the fact that Digitap’s price has increased since the bear market began, have caused many experts to dub Digitap the best crypto presale of the year.
Digitap’s Black Friday sale fuels further investor hype
Many experts already considered Digitap as one of the best altcoins to buy for the bear market due to its focus on providing utility to crypto users by being an omnibank. Since launching its Black Friday sale, many experts believe Digitap could now become the best crypto presale of the year.
USE the code “QUICKTAP40” for 40% off first-time purchases.
Currently 90% done with its second round, the standard price for Digitap tokens is $0.0326. This is already at a significant discount from its launch price of $0.14. However, investors can avail of a further 40% discount for a short period through the Black Friday sale.
Smart investors are piling into Digitap, making use of the discount to build up their holdings before the price increase. Over 132 million tokens have been sold, and many analysts recommend purchasing Digitap now as the price is expected to increase within the next few days.
To learn more about Digitap, visit its presale, website, socials and the $250k giveaway.
Disclosure: This content is provided by a third party. Neither crypto.news nor the author of this article endorses any product mentioned on this page. Users should conduct their own research before taking any action related to the company.
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