Former President Donald Trump, speaking at the World Economic Forum in Davos, confirmed that new crypto market structure legislation is moving forward and expressed hope to sign it "very soon." This pro-crypto policy shift is seen as lifting sentiment across the entire sector, benefiting projects that align with financial infrastructure and real-world utility.
Digitap ($TAP), a crypto banking platform, is positioned as a primary beneficiary of this regulatory clarity. The project's presale has raised over $4.4 million, with nearly 200 million tokens sold at a current price of $0.0439. The confirmed listing price is set at $0.14, offering early buyers a potential 3x return. The token has already appreciated more than 250% from its earliest presale stages.
The platform operates a live banking app that allows users to manage crypto balances, convert funds to cash, and spend via Visa cards without mandatory KYC checks. A key feature is its buy-back and burn model, where 50% of platform profits are used to repurchase $TAP tokens, with half burned and half allocated to staking rewards. The project recently added Solana (SOL) support for deposits, with Bitcoin and Ethereum integrations planned.
This utility-focused model is attracting investors away from stagnant assets. The article highlights Cardano (ADA), which is struggling at around $0.35, down nearly 60% from its yearly high. It notes that over 120,000 wallets have moved interest to Digitap, citing frustration with ADA's lack of price momentum despite ongoing development.
While the regulatory news provides a tailwind, analysts caution that macro risks persist, pointing to rising Japanese government bond yields which could spill over into global risk assets, including crypto. This tension contributes to a cautious market recovery for Bitcoin.
