Top altcoins such as Hyperliquid (HYPE) are grappling with a fresh bearish trend. This downtrend has seen multiple cryptos plunge below crucial support levels, forcing investors to modify their portfolios to hedge against further losses. However, finding high-potential altcoins to buy is challenging for many investors, especially during a bear market.
To this end, savvy investors are embracing Digitap ($TAP), an upcoming banking project that aims to build a robust connection between crypto and fiat currencies. Digitap offers investors the flexibility to spend crypto or fiat currencies through an intuitive dashboard. This explains why this project has already secured over $2.5 million during its ongoing crypto presale.
Why are Hyperliquid investors considering Digitap the best crypto to buy now to shield their portfolios against losses? Read on to discover.
Hyperliquid has underperformed over the past seven days, plunging 5%. On December 9, HYPE was trading around $28.12. Hyperliquid started pumping the same day after Bitcoin (BTC) climbed above $94,000, triggering a market-wide surge.
HYPE’s pump continued after Hyperliquid listed FOGO-USD perps, allowing users to trade the unlaunched FOGO token with up to 3x leverage. Specifically, HYPE peaked at $30.12 on December 12 before losing momentum and pulling back. As of December 16, Hyperliquid was trading around $26.41.
Notably, HYPE’s 50-day moving average is plunging, indicating a weak short-term trend. With $30 acting as a psychological resistance level, experts believe Hyperliquid will likely continue to plunge to retest the immediate $25 support level.
This bearish outlook explains why Hyperliquid investors seeking the best altcoins to buy to strengthen their portfolios are migrating to the Digitap crypto presale.
As Hyperliquid bleeds, savvy investors are shifting to Digitap. This upcoming Web3 project aims to offer investors an unparalleled transaction experience by providing easy access to crypto and fiat currencies through its omnibank app. As such, Digitap users can build strong portfolios that combine both fiat and crypto assets to hedge against volatile markets.
Digitap has also emerged as a favorite among investors seeking top altcoins to buy, as it has already rolled out a beta version of its app despite being in the early stages of its crypto presale. The Digitap app is available on Android and iOS, enabling the 1.4 billion unbanked people to set up an account and access modern banking services easily.
To simplify onboarding, Digitap does not require new users to submit KYC information for its wallet-only account. This feature not only boosts financial inclusion but also helps users maintain anonymity while transacting.
As part of its mission to simplify payments, Digitap partnered with Visa to issue both virtual and physical Visa co-branded cards. These cards let Digitap users spend their crypto or fiat currencies anywhere in the world. In addition, these cards offer cashback on every transaction, making them ideal spending channels.
However, it is essential to note that physical cardholders must submit KYC information to secure these cards. The requirements are as follows:
Investors who do complete these steps unlock much higher limits and access to offshore banking services. Notably, Digitap has banking partners that grant it complete access to fiat payment rails such as SEPA and SWIFT. By integrating blockchain technology, Digitap improves payments on these systems by increasing transaction speeds and lowering fees from 6.2% to under 1%.
These features explain why an increasing number of Hyperliquid investors consider $TAP, Digitap’s native token, the best crypto to buy now.
With bears dominating Hyperliquid and other top cryptos, savvy investors are seeking a safe harbor that can help their portfolios outlive the current downtrend. This search has led them to $TAP, a deflationary altcoin with a fixed supply of 2 billion tokens. $TAP’s design helps prevent inflation, fostering conditions for continued value increment over time.
This altcoin has also emerged as the best crypto to buy now, as Digitap is currently running a 12-day festive-season promotion. This promotion began on December 13 and runs until December 24. During this promotion, investors can win a huge prize when a new offer drops every 12 hours.
OVER $300K IN BONUSES, PRIZES, GIVEAWAYS. DIGITAP CHRISTMAS SALE IS LIVE
As of December 16, $TAP was going for $0.0371 during Round 3 of its crypto presale. Investors who buy $TAP at $0.0371 could reap huge returns as this altcoin soars to its listing price of $0.14. Even better, investors do not have to worry about smart contract risk as Digitap has been audited by Coinsult and SolidProof.
