Somehow, despite the recent market bloodbath, the BNB coin is holding strong above the $1,000 support. But for how long, especially considering current market conditions? Meanwhile, attention is quickly shifting to TRON, evident in the surge in TRX price, and Digitap ($TAP), the world’s first omni-bank.
On lower timeframes, TRON is in an uptrend, highlighting rising whale demand. At the same time, $TAP surged by 55% to $0.0194, outperforming the market. As a blend of traditional banking and decentralized finance, Digitap has been hailed as the future of finance, giving a bullish outlook and positioning it among the best altcoins to invest in.
The BNB coin is trading precariously around the $1,000 support. After outperforming these past few months, marked by an all-time high of $1,370 on October 13, it has been spiraling downward.
Down 12% on its weekly chart, experts predict further downtrends. The bulls losing the $1,000 support, which can happen in a single wick, can push the BNB coin price toward $933, its 30-day low.
X_insider4, a crypto analyst on X (formerly Twitter), identified a “double top” pattern. According to them, the BNB coin price may drop to the $800 and $900 zone first before its next leg up.
Unlike most top altcoins, the TRX price is in an uptrend. The Layer-1 coin trades above $0.32 and appears to be gathering steam for its next jump. With trading volume increasing by 30% in the last 24 hours to $857 million, according to CoinMarketCap, a significant rally is on the cards.
Wess, a crypto analyst with over 47,000 followers on X, identified strong support around the $0.31 and $0.33 zone. A breakout can result in a sharp move toward $0.40, they added. However, upon failure, the TRX price may revisit $0.27, they added.
Even more interesting is the fact that the TRX price is in an uptrend on higher timeframes. Outperforming the market, it is up 26% year-to-date, per CoinMarketCap. The anticipated altseason could push it past $0.44, its 2024 all-time high, putting it on the list of altcoins to watch.
Digitap is an innovative project combining the best of the worlds of decentralized finance and traditional finance. Unlike competitors who sell concepts, its product is fully developed, and the app is available for download on the Google Play Store and the Apple App Store. Hence, at $0.0194 in the second presale round, it is considered a steal.
The price recently skyrocketed by 55% from $0.0125, highlighting significant interest and demand among whales. Currently in the 2nd presale stage, a 38% increase to $0.0268 in the next round makes it arguably the best crypto to invest in today for the short term. But there is more. A staggering 25x gain is projected post-launch.
Besides the anticipated gains in presale and the projected growth after its market debut, another layer of attraction is Digitap’s revolutionization of finance. It slashed remittance costs from the 6.2% industry average to sub-1%. Its no-KYC feature, partnership with Visa, and integration with Apple Pay and Google Pay make borderless payments seamless.
Amid fear of further downtrends in the BNB coin, whales have been stacking up TRON and $TAP. The TRX price is in an uptrend and is on track for further gains, while experts predict a 25x gain for Digitap after its market debut.
As an emerging altcoin at the intersection of DeFi and TradFi, $TAP might be this year’s best cryptocurrency investment.
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
Join our WhatsApp Channel to get the latest news, exclusives and videos on WhatsApp
_____________
Disclaimer: Analytics Insight does not provide financial advice or guidance on cryptocurrencies and stocks. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. This article is provided for informational purposes and does not constitute investment advice. You are responsible for conducting your own research (DYOR) before making any investments. Read more about the financial risks involved here.