Can a tiny token trading in the pennies grow 100-fold? The crypto universe is full of success stories where undiscovered or underappreciated tokens gain 100x, 1,000x, and in some cases, over 10,000x.
Such potentially life-changing returns don’t come automatically. Savvy investors need to do their research to identify crypto projects that boast platforms that can provide tremendous value to a global market.
Digitap ($TAP), maker of the world’s first “omni-bank,” is gaining attention from large investors as one of the best altcoins to invest in. Digitap is well-positioned to become the “SWIFT of Web3,” aiming to replicate and improve the decades-old financial system.
Digitap Targets the Unbanked With a Live, Unified App
There are an estimated 1.4 billion unbanked adults globally who lack access to modern financial services. Among those, an estimated 530 million own a smartphone, and this is the population Digitap ultimately targets.
Digitap’s live app allows anyone, anywhere, to send, receive, save, invest, and spend money. Users can gain access to offshore accounts with multi-currency IBANs along with a crypto wallet with support for more than 100 tokens.
For context, Digitap’s presale event is running hot, and its valuation has already increased. The first round price of $0.0125 sold out quickly, and the token is currently offered at $0.0159 and will rise to $0.0194 in the next round. This means Digitap’s current market cap (based on a fixed supply of 2 billion tokens) is a respectable $31.8 million.
What $TAP Might Be Worth per User: Robinhood as a Guide
Digitap doesn’t need to capture a majority of unbanked adults to justify a 100x gain in value. Robinhood, a leading crypto and stock trading app, is one of the closest fair comparisons to Digitap, reported 26.5 million customers in its most recent earnings report. The Nasdaq-listed stock currently trades at a $132 billion valuation, meaning roughly $5,000 of value per user.
Applying a 50% haircut, Digitap needs roughly 1.3 million users at a $2,500 value per user to 10x from its current presale price and trade at $1.59 per token, or at a $3.18 billion valuation.
Fintech companies command high valuations per customer as each active user generates revenue and network effects. Robinhood’s average revenue per user was about $150 in its most recent quarter and was up 34% year-over-year.
If an average Digitap user in a developing market moves just a few thousand dollars per year through the app (remittances, spending, savings, transfers, etc.), a small percentage of that in fees could rival Robinhood’s average revenue per user.
It is also important to keep in mind that 50% of Digitap’s profits are allocated toward buying back and burning $TAP tokens, thereby increasing scarcity and value.
Unlike Robinhood’s trading app, Digitap’s services include everyday payments and transfers, which occur much more frequently than stock and crypto trades. SWIFT handles trillions of dollars in transfers annually, so even a tiny piece of the market would be huge for Digitap’s valuation.
This makes the case that comparable or higher revenue per user could be achievable in the long run. Of course, Digitap would command a valuation in the billions of dollars.
The 100x Math: Big Market, Small Share, Large Upside
The mathematical case for a 100x return on $TAP boils down to the simple math: Digitap is targeting a huge market and boasts strong capture mechanisms that require a robust marketing initiative to spread the word to users.
If Digitap even partially achieves its mission to become the Web3 era’s SWIFT-like network, onboarding millions, if not tens of millions of users, is a baseline goal. SWIFT is simply no longer built to handle today’s transactions, where users demand their money be moved faster and cheaper. This opens the door for a platform like Digitap to deliver value to users and profits to investors.
From a risk/reward standpoint, few projects have this kind of asymmetric upside potential, making Digitap one of the best altcoins to invest in. Digitap doesn’t need to conquer the world to justify a 100x gain, just a very small part of it.
Digitap is Live NOW. Learn more about their project here:
Presale https://presale.digitap.app
Website: https://digitap.app
Social: https://linktr.ee/digitap.app
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