Crypto rankings evolve fast – Solana rose from obscurity to #6. Investors are now eyeing Digitap ($TAP), a presale token aiming to disrupt global banking and join the top-10.
The top-10 cryptos by market cap have shifted significantly. Five years ago, the list included Bitcoin Cash (#5), Chainlink (#6), Litecoin (#8), Polkadot (#9), and Cardano (#10). Solana, currently ranked #6, didn’t even make it to the top 100 five years ago. This shows that much could change in five years. Today’s industry titans can lose ground and slip in rankings, paving the way for investors to identify top altcoins to buy and hold for years, generating outsized returns.
One crypto presale token that some believe could become a top-10 coin is Digitap ($TAP), the company behind the world’s first “omni-bank.” Digitap isn’t just another DeFi or meme token; it is tackling the massive global payments and banking market, making it one of the top cryptos to buy now.
Source: Digitap
Digitap’s Live Utility Stands Out as Altcoin to Buy Now
Digitap offers a modern banking app that enables anyone to send, receive, save, invest, swap, and spend both fiat and crypto. By providing offshore accounts, multi-currency IBANs, and near-instant remittances with fees around 1%, Digitap is directly challenging traditional banks.
Its Visa-backed card can be preloaded with fiat and crypto and is accepted everywhere Visa cards are normally accepted. This gives Digitap the level of reach and convenience that few projects have ever achieved.
Essentially, Digitap is playing in an addressable market of global payments and transfers valued in the hundreds of trillions of dollars. Projects that capture even a fraction of that market size can justify a substantial premium.
Why A Live Product Helps Justify A Ground-Floor Entry
Digitap’s native $TAP token is currently priced at $0.0268 in its third round and will rise to $0.0297 in the fourth round. The team has a current projected listing price of $0.14.
Investors looking for the top altcoins to buy need to understand that all of the current top-10 coins by market cap had to start at the bottom. Binance Coin (BNB), for example, issued its token sale at $0.15 in 2017. Solana’s initial coin offering was around $0.22 in early 2020. Digitap’s low price offers early investors a ground-floor entry.
Digitap has seen strong early demand in its presale, having raised over $1.5 million. Part of the success can be attributed to the team’s unique strategy of launching an actual product during the presale itself, making it one of the few early-stage cryptos to buy now for long-term gains.
Buybacks And Burns Tie $TAP’s Value To Platform Activity
One of the underappreciated themes in crypto today is tokenomics. Projects that demonstrate a willingness to support the token’s price through investor-friendly initiatives aren’t getting enough attention.
The $TAP token is designed in a way that aligns with long-term price appreciation. Its buyback-and-burn model allocates 50% of the platform’s profit toward burning its token and rewarding token holders. This means that as Digitap’s user base grows and transaction volume increases, the team will continuously purchase $TAP from the market.
The dollar amount of buybacks seen in other projects is substantial. Hyperliquid buys back around $65 million of its token each month, while Pump.fun exceeded $100 million in total buybacks. A similar undertaking by Digitap ties economic success to its token value.
Source: Digitap
Top-10 Bar: $19.3B Implies $9.65 Per $TAP Token
The current cutoff to break into crypto’s top-10 is about $19.3 billion with a maximum supply of 2 billion $TAP tokens, which implies roughly a price of $9.65 per token.
Robinhood, an indirect competitor that offers some overlapping services, was valued at $32 billion during its 2021 IPO on 22.5 million funded accounts. This implied the market valued each user at $1,420. Since Digitap remains a crypto presale project, it is fair to assign a 50% valuation discount, or $710 in value per user.
To achieve a valuation of $19.3 billion, Digitap needs to onboard roughly 27 million users. While this may seem ambitious as a task, Digitap needs to capture a small slice of its target market that includes: 1) 1.4 billion under – and unbanked adults, 2) hundreds of millions of global crypto users, and 3) roughly 800 million people who rely on remittance transfers from family and friends working abroad.
Now, the kicker is Digitap’s tokenomics. As usage and platform revenue scale, buybacks could total in the tens of millions of dollars monthly and tighten the float. This means the market can value each user at less than $710, and Digitap still has a path toward the $19.3 billion valuation.
Source: Digitap
Why Digitap’s Scale, Traction, And Design Support A Top-10 Bid
Digitap could evolve from a crypto presale project today and rank as a top-10 crypto by market cap in the coming years. To reach that level, $TAP would need to grow its valuation dramatically, although this scenario could be justified using basic assumptions.
Digitap has the market size, the early traction, and the economic design to be ranked as one of crypto’s top heavyweights. It’s turning crypto’s long-held wish of banking without banks into reality, justifying Digitap as one of the top altcoins to buy. 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
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