The recent move by asset manager Grayscale to convert its existing Avalanche Trust into a spot ETF ignited a significant rally in the AVAX price. Also making headlines is Digitap ($TAP), the world’s first omni-bank. Its borderless, instant, and near-zero fees have captured the attention of XRP coin whales, dubbed the best new crypto to buy now.
The Avalanche price skyrocketed on the back of Grayscale’s filing to convert its existing trust into a spot AVAX ETF. Trading upward, the Layer-1 coin witnessed a 14% gain on its weekly chart and hovers around the $34 mark.
Next on its target could be a jump above $50, placing it among the altcoins to watch. Meanwhile, Florian Schadowski’s Avalanche price prediction targets $56 and $65 in the mid-term.
At the same time, generated fees and revenue have increased by 77% over the past 30 days to $1.1 million, highlighting growing adoption of the blockchain platform. Sustained momentum could see the Avalanche price cross $100 or even flip $146, its 2021 all-time high—a high-cap coin to watch out for.
XRP is in a downtrend, reflecting broader bearish sentiment. However, the payment-based altcoin is among the biggest losers as it lost the $3 support, which has now become a resistance level. On its 7-day chart, the XRP price declined by 5%, currently consolidating around $2.8.
Will it dip even further? On the one hand, technical indicators like the neutral RSI data and MACD signal downtrends in the XRP price, although the 9-HMA hints at a rebound from the current level.
However, analyst Stedas targets a rally between $4 and $6.7 next. While current market conditions might be bearish, analysts’ bullish XRP price predictions boost confidence ahead of its anticipated rally.
Digitap ($TAP), hailed as the future of finance, could be the best crypto to invest in this year. Its borderless and near-instant global transfer positioned at the forefront of the PayFi revolution, sparking massive demand for its utility coin, $TAP.
As the world’s first omni-bank, it has been dubbed the “last money app you’ll ever need.” It offers users the flexibility to move and manage their funds across currencies, blockchains, and borders, including via crypto, SWIFT, and SEPA.
Equally important is its near-zero transfer fees, setting it apart from legacy banks and other DeFi solutions. As it nears widespread adoption, $TAP, at the heart of its ecosystem, might be the best crypto to buy. It costs only $0.0125 in the first presale stage, with experts predicting a 50x rally after its public launch.
For Info about $TAP, visit Digitap.app Presale or Join the Community
The Avalanche price rallied following news about a potential AVAX ETF. Meanwhile, Digitap is exploding off its perceived upside prospects and solid narratives. Tipped to flip the XRP price, this DeFi-TradFi protocol has quickly surpassed $180,000 in funding, primed to skyrocket after its public launch.
Digitap is Live NOW. Learn more about their project here:
Presale: https://presale.digitap.app
Social: https://linktr.ee/digitap.app
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