Cardano ($ADA) down 16.8%, Sui ($SUI) down 19.7%; Is Digitap ($TAP) the only safe harbor in a bloodbath?

The crypto markets were drenched in red over the weekend. 

Cardano ($ADA) plunged 16.8%, while Sui ($SUI) fell even harder, sliding 19.7% in just a few days. Panic is spreading across social feeds, and traders are watching portfolios shrink. But amid the carnage, one name keeps resurfacing: Digitap ($TAP). It’s the new PayFi contender that seems to be moving against the tide.

It’s a rare moment when a presale project holds strong during a market-wide correction. Yet, that’s exactly what’s happening even when top crypto coins are on the downside. With its app now live on both the Apple App Store and Google Play, Digitap appears to be one of the best crypto investments with real-world utility and strong presale momentum.

ADA and SUI: Crypto giants bleeding red

Cardano’s recent drop creates questions about the project’s development. The network continues to improve, but the token price has reverted to the $0.70 – $0.72 range. This is a 16.8% price drop, testing the critical support levels due to the selling pressure from retail investors.

Although Cardano boasts one of the largest developer communities, investors are feeling the downward pressure. 

Sui’s move lower was even more severe. A drop of 19.7% punished traders as they were stopped out hard. It was once considered a potential leader in the Layer-1 space, but the hype seems to be fading. The price is now trading around $2.87, which is far from its recent peaks.

ADA and SUI are examples of how solid fundamentals can’t stand up to market sentiment.

Digitap: A new crypto is rising

Digitap is already up and running for users to download the app. The Digitap app is live on iOS and Android and gives users the opportunity to sign up, add funds, and spend using the app. 

The app launch made Digitap one of the very few crypto projects to have a working product before its token listing. The platform is compatible with Apple Pay, Google Pay, and Visa cards. It allows the user to spend their cryptocurrencies just as they would with cash. 

Digitap’s AI Smart Routing finds the most cost-efficient and fastest route for online payments, creating even more value for anyone on the platform. 

Digitap has already raised more than $700,000 in its presale. It is moving toward the $1 million mark at a fast pace. Tokens are valued at $0.0159 currently and will rise to $0.0194 in the next stage.

Why the market is flocking to $TAP

Digitap isn’t a speculative project. Its PayFi system serves as a bridge between crypto and traditional banking. The platform combines global payments, instant transfers, and multi-currency storage all in one single app.

Typically, remittance fees are 6% or above, but Digitap manages to reduce them to less than 1%. This model is very attractive to a market of global payments worth $250 trillion and $860 billion in annual remittances. 

Even if $TAP captured a small portion of that volume, it still would be enough to make it the best crypto coin in the PayFi industry.

Moreover, the project’s deflationary tokenomics have buyback and burning features built in. Every transaction decreases the token’s circulating supply, leading to long-term scarcity.

The shift in investor psychology

Market downturns expose what’s real. When liquidity dries up, projects without genuine products fade fast. The crash last week created an important distinction between speculative assets and platforms that operate in the real world.

Digitap’s working PayFi product at this exact moment is likely a big opportunity. Its no-KYC option, global accessibility, and live card integration make it a platform worth using. 

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 

Disclaimer: This is a paid post and should not be treated as news/advice.

Next: Solana whales return – Will ETF ruling break SOL’s $210 hurdle?

Source: https://ambcrypto.com/cardano-ada-down-16-8-sui-sui-down-19-7-is-digitap-tap-the-only-safe-harbor-in-a-bloodbath/