After rallying on news that Vanguard is pivoting toward crypto by listing multiple ETFs, Solana (SOL) has turned bearish. This bearish sentiment has seen Solana struggle to regain the crucial $140 support level. Consequently, investors looking to hedge against further losses have started searching for high-potential altcoins to buy now.
Specifically, investors are rushing to join Digitap ($TAP). This is an emerging web3 project that aims to improve the payments industry by bridging the gap between crypto and fiat currencies. As a result of rising adoption, Digitap has already raised over $2.3 million during its ongoing crypto presale.
Why are many Solana investors considering Digitap the best crypto to buy now to hedge against more losses? Read on to find out!
Solana Plunges 7% In A Week: What’s Coming Next?
Solana has performed dismally over the past seven days, plunging 7%. On December 4, Solana was trading around $142. Notably, SOL attained this price due to the December 2 news of Vanguard listing several crypto ETFs, including Solana.
However, the excitement about this news faded, and SOL started pulling back as day traders took profits. By December 11, Solana had stabilized at around $131. Moreover, experts expect Solana to continue shedding value because of the intensifying bearish trend in the broader crypto market.
Furthermore, Solana’s technical indicators point to selling. While the oscillators are neutral, the moving averages indicate a strong selling force. If investors continue dumping their SOL holdings, Solana will likely plunge to retest the $128 support level sooner than it can pump and breach the $142 immediate resistance level.
This bearish outlook explains why Solana investors are warming up to Digitap ($TAP), which has emerged as the best crypto to buy now to hedge against potential losses.
Digitap Sets Out To Close The Gap Between DeFi And TradFi
As Solana grapples with a renewed bear market, investors are searching for top altcoins to buy to strengthen their portfolios. This search has seen investors flock to Digitap, an upcoming project that aims to improve the payments industry by building a robust omnibank that closes the gap between crypto and fiat currencies.
By supporting crypto and fiat currencies, the Digitap platform seeks to solve the banking problem for the 1.4 billion unbanked people across the globe. Moreover, Digitap combines the innovation of the blockchain industry and the stability of the architecture of the traditional banking sector to offer an unprecedented payments experience.
Digitap users get to enjoy perks like:
- High transaction speeds for cross-border transfers.
- Fees of less than 1%. This is significantly lower than the current average of 6.2%.
- Interoperability for seamless transacting on multiple blockchain networks.
- Bank partnerships support fiat payments via SWIFT, SEPA, and ACH.Â
Blending Security And Privacy With Financial Freedom
Investors are also warming up to Digitap because it supports non-KYC sign-ups. This means investors are not compelled to submit sensitive information while signing up. The Digitap app does not confine users to one model. As such, users can pick their privacy levels based on their requirements.
For investors looking for complete anonymity, the no-KYC wallet plan is perfect. However, investors looking for pro features like offshore banking and physical Visa co-branded cards must submit a valid passport. This flexibility offers unprecedented freedom, explaining why over 100,000 users have already connected their wallets to the Digitap app.
Digitap recognizes that the crypto sector is vulnerable to cyberattacks. To this end, Digitap teamed up with SolidProof and Coinsult to have its smart contracts audited. These audits confirmed that the Digitap code is robust and free of vulnerabilities.
$TAP: The Best Crypto Presale To Hedge Against Marketwide Losses
The renewed bearish sentiment in Solana has seen investors rush to buy $TAP during its ongoing crypto presale. $TAP is Digitap’s native token. This altcoin has emerged as the best crypto to buy now to hedge against losses because its utility as Digitap’s base currency and governance token primes it for progressive growth.
$TAP has also caught investor attention because its limited supply of 2 billion tokens and a deflationary mechanism help combat inflation. Furthermore, this altcoin offers HODLers benefits such as staking APY of up to 124%, voting rights, cashback promotions, fee discounts, and tiered VIP benefits.
OVER $300K IN BONUSES, PRIZES, GIVEAWAYS. DIGITAP CHRISTMAS SALE IS LIVE
As of December 11, $TAP was in Round 2 of its ongoing crypto presale. Investors can now seize this rare opportunity to purchase $TAP at $0.0361. This price offers an amazing entry point, as $TAP’s launch price of $0.14 represents a 280% jump from the current level.
Moreover, Digitap is offering a 12-day Christmas promotion with over $300,000 in prizes. This sale will see Digitap drop 24 festive rewards after every 12 hours. The promotion is set to start on December 13 and run until December 24.
Discover how Digitap is unifying cash and crypto by checking out their project here:
Presale: https://presale.digitap.app
Website: https://digitap.app
Social: https://linktr.ee/digitap.app
