An interesting divergence is playing out in the payments-focused crypto segment. Ripple (XRP), a true innovator in cross-border crypto payments, has seen its token slide by 15% in recent days.
On the other hand, a newcomer called Digitap ($TAP) continues to gain momentum, propelled by its Visa card integration and real-world banking features that could prove to be a game-changer in the payments space.
Source: Digitap
What GTreasury Deal and Flows Signal for XRP’s Path
For XRP holders, October is proving to be a difficult month. After a strong summer that saw XRP trading near multi-year highs, the token’s 15% pullback is a reality check. Currently trading near $2.20, XRP is not far removed from the all-important $2 level.
Analysts note several factors contributing to the weakness, including notable whale selling activity, tapered enthusiasm over a pending spot ETF registration, and general investor frustration over a lack of progress.
Most recently, Ripple’s $1 billion acquisition of treasury software firm GTreasury is seen by some as confirmation that its core strategy has failed. This is because it marks a pivot from Ripple’s original cross-border payment thesis toward a broader corporate-treasury software and services stack.
Coupled with prior acquisitions including prime broker Hidden Road and stablecoin payments firm Rail, critics aren’t pleased. Many are jumping to the conclusion that Ripple needs new enterprise revenue lines to compensate for a lack of progress in its XRP-powered remittances.
Digitap’s Visa Tap-to-Pay Turns Crypto Into Everyday Spend
Digitap has been generating a lot of buzz with its “omni-bank” platform that doubles as a traditional fiat bank with crypto services. Its early achievements are pretty impressive for a relatively young crypto upstart. Most notably, Digitap has a live partnership with Visa that allows its users to spend cash or crypto via Visa-linked cards anywhere Visa is accepted.
Source: Digitap
This means that everyday purchases, ranging from buying coffee to paying for a streaming service online, can be done with crypto. Digitap’s automated conversion system converts a user’s crypto to fiat at the point of sale.
This real-world utility is tangible. Digitap turns crypto into a usable form of money at tens of millions of merchants and countless online stores. Importantly, this is not a promise or a vision for the future. Digitap’s app is already live on the App Store and Google Play.
Can $TAP 50x? Pricing, Stage Increases, and Adoption Math
Digitap is even showing some shades of what XRP could have been, given Digitap’s focus on retail users and immediate utility. The difference is that Digitap is doing it at the consumer level (individuals and everyday transactions), rather than focusing purely on banks.
Dubbed by some as “the real payments solution,” Digitap’s hype has some investors and analysts modeling a 50x gain.
The native $TAP token is still in its presale at a price of $0.0194, so the bar for multiplying investments is low if the project gains traction. The presale has steadily raised funds and increased in price through predefined stages.
Despite the heavy selling pressure seen across the crypto market, Digitap is still attracting inflows and proving to investors that it is one of the top crypto presales with real utility.
The initial presale token went for $0.0125, while the third round will price the token at $0.0268, giving early investors a paper gain of more than 100%. This built-in and predefined appreciation is even serving as a hedge against falling prices, especially XRP’s.
As XRP Stumbles, $TAP’s Utility Drives a Different Path
With XRP’s token price sliding and showing no immediate signs of a turnaround, investors appear to be shifting from established but slower-growth coins to nimble new entrants in the payments-crypto space.
XRP simply can’t offer the type of explosive growth that speculative investors crave. Its market cap is already substantial, and some are questioning its current business strategy and outlook. Meanwhile, Digitap, with a tiny market cap during a presale, offers a story that is aligned with trends across decentralized finance and fintech integration.
The door has been opened for fresh contenders like Digitap to make their case to investors. The coming months will test whether Digitap can live up to its current hype, and many expect Digitap to ride its Visa-fueled surge to new highs.
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
