Investors are reportedly moving capital away from major altcoins Solana (SOL) and Cardano (ADA) and into the ongoing presale of Digitap's native token $TAP. This shift comes as both SOL and ADA face significant price declines, with SOL trading around $104 (down approximately 60% from its near-$295 all-time high) and ADA dropping to around $0.29 from $0.35 in the past week.
The narrative suggests that "whales" and long-term holders are seeking new opportunities with higher potential returns and utility. Digitap, a fintech-crypto banking project, is positioned as a primary beneficiary of this capital rotation. A key driver cited is Digitap's recent full integration of the Solana blockchain into its "omni-bank" application, which allows users to deposit USDT, USDC, and SOL. The project also plans future integrations with Bitcoin and Ethereum.
Digitap's $TAP presale has raised $4.95 million, with over 210 million tokens sold. The token price has increased from $0.0125 in the first round to $0.0467 in the current stage, representing paper gains of roughly 273-275% for early buyers. The presale features a staged price increase mechanism and offers staking rewards of up to 124% APR. The token has a fixed supply of 2 billion, with a deflationary model involving profit allocation for buybacks, burns, and staker funding.
Despite the bearish sentiment for SOL and ADA, some analysts offer contrasting views. An influencer known as "Lucky" suggested SOL at $100 could be a "smart entry" point with a potential future surge to $200. For ADA, analyst "More Crypto Online" noted it had reached a support zone near $0.267 and could rebound to $0.35 if it breaks resistance. However, technical indicators for both assets, including MACD sell signals and prices below their 50-day EMAs, are cited as bearish.
The articles heavily promote Digitap's product suite, which includes a mobile app offering foreign currency fiat accounts, high-yield savings, a multi-token crypto wallet, and Visa debit cards (both physical and virtual) integrated with Apple Pay and Google Pay. The project emphasizes its security via biometric logins, end-to-end encryption, and audits by Coinsult and SolidProof.
