SOL chops at $190 hinting at bull trap: Digitap ($TAP) up 55% with Apple Pay live

Solana used to be the underdog trade. Now it is the sixth-largest crypto asset by market cap with a valuation of more than $100 billion. But the chop, loss of momentum, and failure to break above $200 convincingly are starting to smell like the beginning of a bull trap.

But while market leaders languish, up-and-comers are causing havoc, and some of the new projects coming to market are genuinely exciting. Projects like the Digitap ($TAP) presale are devouring attention and for good reason. It has already posted 55% gains for early buyers, and crossed the $1 million market after announcing its new Visa program and Apple Pay support.

This is what distribution looks like in 2025, and here’s what investors should know about $TAP. 

Solana: Suffering from success?

Solana was one of this cycle’s best trades. But buying SOL sub $10 and buying it around $190 are very different things. After the FTX fallout, Solana had a tiny but devout group of builders who would not stop shipping, and it has become crypto’s dominant smart contract platform.

But that identity has now flipped. Solana is no longer the underdog but the market leader. Practically all catalysts are priced in, and now Solana has more to lose than win. Stalling at these levels after briefly losing the 200-day moving average is not what bulls want to see, and this fade-to-the-rip behavior is fast becoming a classic bull trap.

SOL still has to fight resistance at $205 and $240 before a breakout towards past all-time highs is on the cards. And while the chain is best-in-class technology, the asset itself does not look overly attractive at these levels. 

How Digitap crushed the distribution game 

Digitap changed the game with its Apple Pay and Visa card program, also integrating Google Pay. That move changed the surface area. Now, any form of value, crypto, stablecoins, or fiat, can be spent globally with millions of merchants with a simple tap.

Additionally, rolling out virtual cards, which anyone can use right now, puts the product in users’ hands immediately. Something that investors don’t often see with presales. The presale racing toward the seven-figure mark is a clear signal that investors like what they see. 

What is Digitap, and what does Omnibank mean?

Digitap is a control layer for value. That might sound complicated, but it is not. A single dashboard where all forms of money operate on a single surface. Dollars, pesos, stablecoins, BTC, ETC, and altcoins in a single app. Payments, transfers, payroll, and conversions, all together.

The old rails have been integrated with blockchain, meaning payments can run on traditional banking corridors or public networks. Digitap’s AI routing engine is constantly optimizing to find the best route and the best swap price if users want to pay with crypto.

Designed to be recognizable, it looks like a neobank; the traditional elements are all bank-grade, and juiced with blockchains. The outcome is simple: a single app that moves value faster and cheaply for end users. 

$TAP tokenomics 

The best-performing tokens this cycle all have a revenue-sharing mechanism. Take HYPE, a crypto-native favorite, and a token that constantly uses profits to buy back and burn the token. $TAP follows this strategy with 50% of platform profits used to buyback and burn $TAP as well as reward stakers.

The supply is capped at 2 billion, and this will only go down with time, making $TAP scarcer. More adoption means more revenue, and every cent earned by Digitap contributes to the success of the $TAP token. Looking criminally undervalued at its current price of $0.0194, investors who buy today can lock in a 38% gain when it rises to $0.0268 in the next round.

This link between platform growth and token strength helps explain the presale strength to date. Investors want serious assets, and $TAP ticks all the boxes. 

SOL vs. $TAP: Which is the best altcoin to buy today?

Solana will always be a leading layer 1 and boasts some of the best tech in the space. But SOL, the asset is feeling the weight of being a large-cap. Digitap, by contrast, is at the beginning of its journey, like SOL during its ICO phase.

The multi-rail architecture is already working today; people are using Digitap Visa cards and Apple Pay globally right now, and in markets where cash flows come with premiums, Digitap looks poised to become a rising star.

For investors bullish on long-term crypto adoption and the merging of traditional finance and crypto, $TAP is easily one of the best altcoins to buy today. 

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.

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Source: https://ambcrypto.com/sol-chops-at-190-hinting-at-bull-trap-digitap-tap-up-55-with-apple-pay-live/