The crypto market is setting up for a potential rebound despite a brief dip at the start of December. Momentum is building beneath the surface, and Litecoin (LTC) is holding steady around $83 as traders position themselves for the next upward move.
Although the cryptocurrency market has more than 9,000 tokens, finding the best altcoins to buy during a bear market can be a daunting task for many investors.
This explains why smart investors are shifting to Digitap ($TAP), an upcoming crypto project that seeks to merge DeFi and TradFi. Notably, Digitap has already raised over $2.3 million during its crypto presale.
Why are investors abandoning Litecoin, and why do they believe Digitap could be the best crypto to buy now? Continue reading to discover!
Litecoin Grapples With A Renewed Bearish Force
Litecoin has performed dismally over the past seven days, shedding 3% of its value. On November 28, LTC was trading at around $86. However, Litecoin plunged sharply alongside the broader crypto market on December 1. Specifically, Litecoin dipped as low as $75.
This rout came as crypto investors liquidated leveraged positions to prevent further losses. Soon afterward, the news of Vanguard listing multiple crypto ETFs triggered a market-wide resurgence, with LTC setting a weekly high of $86. However, the upward momentum died down as day traders took profits. By December 5, LTC had stabilized at around $82.
While Litecoin’s 7-day oscillators are neutral, the moving averages point to a strong selling force. These technical indicators mean Litecoin will likely continue trading in the red in the short term. With this in mind, it is no surprise that investors are searching for other altcoins to buy for potentially huge gains in December.
Digitap Captivates Investors With Stunning Omnibank Features
As crypto investors continue searching for high-potential crypto projects with real-life utility, Digitap ($TAP) has come across their radar. Digitap is an upcoming omnibank that aims to deliver an exceptional investment and spending experience through a single app that supports both crypto and fiat currencies.
By offering easy access to crypto and fiat currencies, Digitap effectively closes the gap between DeFi and TradFi. As such, Digitap users can spend or grow their money from a single platform.
Digitap’s interoperable design allows investors to complete on-chain transactions on multiple blockchain networks, including Bitcoin and Ethereum. As for off-chain transactions, Digitap supports fiat payment rails such as SWIFT, SEPA, and ACH.
The platform uses blockchain technology to expedite transactions, significantly improving the remittance sector. Also, Digitap cuts fees for cross-border transactions from the current industry average of 6.2% to under 1%. As a cherry on top, Digitap boasts an AI smart routing engine, which selects the most efficient exchange path to ensure users get the best rates.
Digitap Offers Visa Co-Branded Cards To Simplify Spending
This budding omnibank simplifies spending and investing by allowing users to create custom virtual and physical cards that support both crypto and fiat currencies. Digitap co-creates these cards in partnership with Visa, meaning cardholders can spend their money anywhere in the world.
It has attracted investors searching for high-potential altcoins to buy because of its non-KYC policy. With privacy being a major concern for crypto investors, Digitap lets them access the global finance sector without forcing them to submit sensitive KYC information.
Furthermore, Digitap prevents financial surveillance by storing user funds in regulated offshore accounts. Adding an extra layer of security to user funds, Digitap had its smart contracts audited by Coinsult and SolidProof. These features explain why investors believe $TAP, Digitap’s native token, could be the best crypto to buy now.
$TAP: A High-Potential Crypto Presale
With Litecoin struggling to maintain the $83 level, smart investors are embracing $TAP. The crypto has become a top pick for many investors because it is the key that unlocks all Digitap features. $TAP serves as the base currency and governance token of the Digitap ecosystem. Its utility in this fast-growing ecosystem means it could be the best crypto to buy now.
Moreover, $TAP has a fixed supply of 2 billion tokens. On top of this, it has a deflationary mechanism that destroys tokens repurchased from the open market, further shrinking the supply. This model helps combat inflation over time, explaining why investors searching for the best altcoins to buy are settling for $TAP.
USE THE CODE “TAPPER20” FOR 20% OFF FIRST-TIME PURCHASES
As of December 5, $TAP was in Round 2 of its ongoing crypto presale. $TAP’s price during this round is $0.0361. This price offers investors an appealing entry point as $TAP’s launch price is $0.14.
Discover the future of crypto cards with Digitap by checking out their live Visa card project here:
Presale https://presale.digitap.app
Website: https://digitap.app
Social: https://linktr.ee/digitap.app
