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Ethereum Price Stalls as Fees Decline, While Digitap ($TAP) Advances Its Banking Model

anas
2 days ago
anas

anas

Editor
Expertise : Writing, Editorial, Market Analysis, Crypto, Product Engineering
Anas is an editor at Coingape with over five years of experience in crypto journalism. He specializes in breaking news, market analysis, and price predictions, ensuring every story is accurate, timely, and reader-focused. With a strong editorial eye and SEO-driven approach, Anas delivers polished, impactful content that keeps Coingape readers informed and ahead of the market.
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CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
Digitap logo illustration

Ethereum (ETH) reached an ATH of $4,953 four months ago and has since dropped over 40%, currently trading at slightly above $3,000. Although it has a mature ecosystem, it is struggling to have an upward rally and break above the $3,000 level.

Fusaka Upgrade Pushes Ethereum Fees Lower While ETH Tests Key $3,000 Level

Since the Fusaka upgrade, Ethereum transaction fees have dropped significantly. The historical gas price chart indicates that transaction fees fell to 0.027 Gwei in late December.

Historical Gas fees Price Chart

Yet, ETH faces a critical resistance at $3,000, trading around $2,978 with a weekly drop of 3.83%. Crypto analyst Lennaert Snyder says that ETH must reclaim $3,000 to trigger long-term opportunities.

However, if ETH fails to break above resistance, Snyder expects short opportunities to emerge as ETH could fall to $2,940.

ETH Price Chart

Amid this, Digitap ($TAP) is gaining attention due to its explosive performance in its presale despite the market crash. It has already released a fully functional omnibank app and won the hearts of investors. 

While the broader market struggles to recover, $TAP’s price has been rising steadily since the start of its presale. The ongoing Christmas event adds even more sauce to its appeal.

Digitap Stands Out With Real Products

Many crypto projects often fail to deliver on their roadmaps and vanish in no time. However, Digitap has amazed everyone by releasing its product for public use while still in the early stages.

Users can download its app from the Google Play Store and Apple App Store. Digitap has a tiered KYC system that lets users choose their own level of privacy.

If users want anonymity, then they can use a no-KYC wallet. To use its full banking functionality with higher limits, users must upgrade their accounts to Pro. 

Pro accounts are supported by international banking partners, allowing users to keep funds outside a single country’s banking system. As a result, banking features will remain accessible even during local banking disruptions.

Steps to use Digitap App Infographics

The most innovative engine of Digitap is its AI-powered smart routing and multi-rail settlement. Using this, Digitap automatically finds the most cost-efficient platform that keeps transaction fees under 1%.

The funds will also move fast from crypto to bank accounts via SEPA or SWIFT, whichever is convenient at the moment.

Real Banking Revenue and Fixed Token Supply

Digitap is a revenue-generating banking platform with a real-world utility token – $TAP. Investors view it as a hedge against market downturns because of its long-term potential to deliver returns of up to 100x.

Its presale has already raised over $2.76 million by selling nearly 155 million tokens. Currently, investors can buy $TAP at $0.0383 per token. 

In the next stage, it will increase to $0.0399 and eventually list at $0.14 on Uniswap, a 265% instant profit to new investors.

TAP Tokenomics Chart

In addition, $TAP has a fixed supply of 2 billion tokens. It also employs a buyback-and-burn mechanism that burns 50% of platform profits. The Digitap team is focused on boosting $TAP’s long-term value.

Moreover, Digitap is hosting a Christmas event – 12 Days of XMAS. 

During the event, Digitap drops limited-time offers like free Pro accounts and $TAP bonuses every 12 hours.

OVER $300K IN BONUSES, PRIZES, GIVEAWAYS. DIGITAP CHRISTMAS SALE IS LIVE

Digitap XMAS Discount Banner

Conclusion: Bear Market Pressures Altcoins While Digitap Gains Momentum

As Ethereum struggles below $3,000, Digitap’s ongoing stages are attracting investors due to its already live platform and significant upside potential.

With only a limited supply for public presale and high demand, its presale has completed Round 2, and Round 3 has begun. The Christmas event has also added excitement with bonuses and incentives.

Digitap is Live NOW. Learn more about their project here:

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Why Trust CoinGape

CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more… to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.

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About Author
About Author
Anas is an editor at Coingape with over five years of experience in crypto journalism. He specializes in breaking news, market analysis, and price predictions, ensuring every story is accurate, timely, and reader-focused. With a strong editorial eye and SEO-driven approach, Anas delivers polished, impactful content that keeps Coingape readers informed and ahead of the market.
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
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