The crypto presale scene is buzzing with many new projects proving their investment narratives can compete with large-cap cryptos. Digitap ($TAP), the company behind the world’s first “omni-bank” and BlockchainFX (BFX), a decentralized multi-asset trading platform, are two names frequently cited as the most attractive early-stage altcoins to buy.
While both present products that pose a direct threat to outdated legacy financial institutions, Digitap boasts a clearer path to 100x in value. Digitap addresses a substantially larger market and offers a suite of products and services that BlockchainFX simply can’t match.
Why Digitap’s Utility Fits Best Crypto To Buy Now Lists
Digitap built a platform that works like an “omni-bank”, meaning traditional fiat and crypto live side-by-side in the same banking app. Users can open offshore IBAN fiat bank accounts that span multiple global currencies and transact with more than 100 digital tokens. Users can send, receive, store, save, invest, and spend both fiat and crypto in one seamless platform.
A recent partnership with Visa expanded Digitap’s product line to include a prepaid debit card. Users can preload the Visa-branded debit card with either fiat or crypto and spend it anywhere Visa cards are normally accepted.
An optional no-KYC signup process grants basic features to users who prefer not to provide personal information. However, the much larger group Digitap is targeting with this feature is the more than 1.4 billion people worldwide who have no access to banking. Many of these people live in countries or regions where access to identification is difficult or impossible.
Digitap’s status as a top crypto to buy now is backed by the fact that it can market its products and services to a massive population. These people could now benefit from financial services, now that the barriers to access are lower.
Presale Tops $2M As $TAP Nears A Fresh Black Friday Uplift
Digitap’s crypto presale of its native $TAP token continues to run hot despite the broader crypto market’s ongoing meltdown. In fact, Digitap’s presale has already raised $2 million, and the team is offering a new 96-hour Black Friday presale widget that unlocks new hourly offers across the long weekend. Over $1 million in prizes and bonuses will be handed out, and token holders are invited to be part of the action.
The presale is conducted in stages, with the price of the token rising once each round is sold out. The presale kicked off at $0.0125 in late summer, and $TAP is now for sale at $0.0326. However, a price increase to $0.0334 is closing in as the current round is more than 90% sold out.
With a fixed supply of 2 billion $TAP, the token currently trades at a valuation of $65 million. In order to 100x in value, the token would need to trade at a valuation of around $6.5 billion. Taking a look at Coinbase’s information makes the case for Digitap to be an attractive crypto to buy now.
Coinbase, an indirect competitor that offers a few overlapping services, boasts 120 million users, and the market values the company at around $65 billion. This means the market values each Coinbase user at $541. Applying even a conservative haircut of 50% to Digitap would imply the market values each Digitap user at $270.
Digitap needs to onboard around 24 million users. That might seem like a challenge, but in reality, this is a small share of a large market. For example, Digitap would need a market share of 1.7% of the unbanked community.
This could prove to be an easy task considering the lack of competition in the space, as unfortunately, unbanked people have never been offered a chance to join the global financial community until now.
BlockchainFX’s Super-App Vision Faces Crowded Rivals
BlockchainFX is another crypto presale market making headlines. It markets itself as a unified trading platform that lets users trade stocks, crypto, forex, ETFs, and more in one place with zero fees. In essence, BlockchainFX wants to rank as a top altcoin to buy through its one-stop shop for all trading.
The concept seems like an attractive proposition, and the project has raised over $11 million, making it one of the largest presales of the year. But beneath the project that relies heavily on marketing campaigns, BlockchainFX falls short of living up to its hype.
Notably, trading platforms are plentiful, with many rivals already offering an all-in-one trading solution. For example, eToro users can already trade stocks, indices, ETFs, currencies, commodities, crypto, and more. BlockchainFX isn’t really solving any problem, nor is it in a position to market its services to an overlooked group of people.
Professional day traders tend to stick to one asset class, so demand for an all-in-one platform may not be as welcomed to the market as presale buyers hope for.
Source: BlockchainFX
Digitap’s 100x Path Looks Clearer Than BlockchainFX’s Pitch
Both Digitap and BlockchainFX are two crypto presale projects that have generated buzz as the best altcoins to buy. The narrative is easy to understand: during a bear market where the broader crypto market is bleeding, both names bring new and unique concepts to the table.
Investors shouldn’t conflate early-stage projects with being inferior. Rather, every crypto started from the bottom. Solana and Binance Coin, for example, each traded for pennies during their early days.
While BlockchainFX could become a unicorn in the crypto-fintech space, it has less headroom for exponential growth due to its narrower focus. Digitap, on the other hand, is targeting a gigantic market measured in the billions of users and trillions of dollars. As such, its early momentum in both product and fundraising gives it an edge over other presale projects.
Discover how Digitap is unifying cash and crypto by checking out their project here:
Presale: https://presale.digitap.app
Website: https://digitap.app
Social: https://linktr.ee/digitap.app
