mt logoMyToken
RTP
$175,503,516,592.06 -0.03%
24H LQ
$496,054,766.89 +0.77%
FGI
0%
ETH Gas
Crypto
Exchanges

Ethereum and Tron Cool Off, Digitap Heats Up As Utility And Adoption Point to Explosive Gains

Favorite
Share
ethereum59 main

The crypto market is seeing mixed movements, with some coins facing price stagnation. Ethereum’s price has recently dropped to $4,100, while Tron is testing its $0.33 support level. On the other hand, other altcoins are trading in the green region.

Digitap ($TAP) is one of the altcoins leading the charge. The project has raised over $185k in a few days of its presale and sold 14.54 million in funding. Its real-world utility and increasing adoption have caught the attention of investors asking what’s the best crypto to buy now.

Ethereum (ETH) Price Plummets To $4,100 As Whale Sell-offs Rise

After numerous attempts to break the $4,500 barrier, the Ethereum price has sharply declined. CoinMarketcap data shows that the altcoin had dropped to the $4,100 level, mirroring the downtrend in the market.

chart666426 2

The Ethereum price is consolidating around this region as bulls try to make a comeback. Unfortunately, technical indicators like the RSI, which has dropped to 50, show that buying momentum has plummeted.

chart666426 3

Moreover, recent data from Arkham cited by Ted Pillows shows that Grayscale has sold $16.53 million worth of Ethereum. On the other hand, analysts like MMCrypto with over 1.7 million followers, believe a huge rally could occur soon. According to him, the Ethereum price dropped below the EMA on Monday.

The last time this happened, the price of Ethereum skyrocketed by 132% in 2 months. Another analyst, Merlijn The Trader, told his followers that Ethereum has followed the Wyckoff pattern to completion. He predicts that the altcoin price may soar to $6,400 soon.

Tron (TRX) Faces More Decline As Indicators Point To Low Bullish Activity

The Tron price recently tested the $0.33 level after a recent decline on Monday. Due to the downtrend, the TRX coin price is down by 1.6% on the 7D timeframe. Technical indicators have also gone bearish, pointing to more Tron price decline.

chart666426 1

The ADX at 22.32 indicates a lack of strong trend momentum, while the MACD remains neutral, with the signal line and MACD line close together at 0.0011. This suggests sideways movement or consolidation for Tron in the near term.

On the upside, Tron faces resistance at $0.36. A break above this could target the next resistance zone at $0.40, signaling a bullish continuation. Bullishbanter, in a recent analysis on X , told his followers that the Tron price has two potential moves.

Digitap’s Global Financial Tools: A Solution for the Unbanked and Underbanked

Digitap ($TAP) is building a project to cater to those tired of traditional banking systems. The platform offers several features, allowing users to send crypto-to-fiat transfers directly into bank accounts, digital wallets, or prepaid cards.

With over 1.4 billion people still unbanked globally , Digitap could act as a bridge between crypto and traditional financial institutions. Its real-time payment system enables users to send and receive money across borders in real time and at a low cost.

In contrast to traditional banking, where it may take days to complete an international transfer, the combination of crypto and fiat networks in Digitap means that users can immediately turn digital assets into cash, or the other way around. Moreover, the platform accepts various cryptocurrencies, which allows cross-border transactions with low fees and without the use of intermediaries.

Digitap targets those in developing countries or remote areas with limited access to traditional financial institutions. Apart from payment services, Digitap is building a comprehensive ecosystem where investors can earn cashbacks, stake its native token, $TAP, for 124% APY, and get discounts.

Digitap

The $TAP coin is currently in the first phase of its presale and is priced at $0.0125 with a next target of $0.0159. According to Digitap, the token is a major part of the ecosystem. It is used for staking, paying fees, voting on projects, and gaining exclusive access to new tools.

What is the Best Cryptocurrency To Buy Today?

While Ethereum drops to $4,100 and Tron tests $0.33 support, Digitap could rise to $0.0159 in the coming days. Its utility and growth potential have attracted a lot of investors to its ongoing presale. For investors seeking the best crypto to buy now, Digitap might be a worthwhile project to consider, given its presale momentum, utility, and cross-border payment capabilities.

Discover how Digitap is unifying cash and crypto by checking out their project here:

Presale https://presale.digitap.app

Social: https://linktr.ee/digitap.app

Disclaimer: This article is copyrighted by the original author and does not represent MyToken’s views and positions. If you have any questions regarding content or copyright, please contact us.(www.mytokencap.com)contact