Digitap’s $TAP Surges 160% on Non‑KYC Visa Card as ADA Languishes at $0.43
Cardano’s ADA trades around $0.43 and shows limited upside despite a recent SuperTrend buy signal; analysts warn the indicator may only produce a short-term 5–10% relief bounce while ADA remains beneath major resistance with weak volume. Traders are rotating toward utility-driven projects such as Digitap ($TAP). Digitap runs a live omnibank app (Android, iOS, desktop) offering fiat-crypto management, fast crypto-to-fiat conversions and a no‑KYC Visa card; these real-world features are driving adoption during the presale. $TAP rose from an opening presale price of $0.0125 to $0.0334 (≈160% gain), with over 138 million tokens sold and a planned exchange listing price of $0.14. The presale has imminent price steps and promotional incentives, which amplify FOMO. The article notes this is a paid post and not investment advice.
Bullish
The immediate market implication favors utility-driven presale tokens like $TAP rather than mature layer-1s such as ADA. Digitap’s live product, visible user adoption, and functional no‑KYC Visa card are tangible catalysts that can drive short-term speculative inflows; the presale’s 160% move and scheduled price steps create near-term momentum and FOMO that typically attract retail buyers and traders. By contrast, ADA’s technical setup—SuperTrend buy signal amid weak volume and persistent resistance—suggests limited upside and range-bound behavior absent stronger macro catalysts. Historically, projects with live payment rails or usable products (e.g., crypto cards or payment apps) have seen rapid capital rotation during risk-on windows, producing short-term bullish price action for the newer token while larger-cap platform tokens stagnate. For traders: expect heightened short-term volatility and inflows into $TAP around presale milestones and listing, presenting trading opportunities but elevated execution and counterparty risk; ADA is more likely to offer lower-beta, slower moves until broader market sentiment or on-chain catalysts change. Overall market stability is only modestly affected—this is sector-rotation rather than systemic news—but liquidity may shift toward presale/utility tokens in the near term.