Exploring the Top 3 Banking Tokens Set for Growth in the Crypto Market
Banking tokens have been a popular topic recently, with the market shifting towards banking utility plays in Q4. Among the numerous altcoins on the market, three have emerged as standouts: Digitap ($TAP), Cardano (ADA), and Ripple (XRP).
Digitap has introduced an innovative banking utility that successfully merges traditional finance with crypto. This project allows users to store both fiat and crypto assets in one place, providing them with the flexibility to choose the preferred option for payments. Additionally, Digitap offers seamless and instant conversions, and users can utilize it anywhere VISA is accepted. Supported by VISA, Google Pay, and Apple Pay, Digitap offers a wide range of use cases for both crypto enthusiasts and non-crypto individuals.
One of the key benefits of Digitap is its robust AI-powered routing system, which significantly reduces cross-border payment fees. By slashing the average fee from 6.2% to under 1%, Digitap provides users with considerable cost savings. Moreover, Digitap allows non-crypto users to experience the crypto market, offering features such as non-mandatory KYC, anonymity, offshore accounts, speed, and security. The accessibility and benefits of Digitap make it an attractive option for beginners in the crypto space.
During its presale phase, Digitap has gained substantial interest, raising over $650K and selling more than 53 million tokens. Priced at $0.0159 per token in the presale stage, Digitap is quickly approaching its target price of $0.0194, representing a 22% increase from its current price.
Cardano (ADA) has experienced price fluctuations recently, following a market-wide downturn. Despite some recovery, ADA’s price currently sits at $0.8066, indicating a 5.26% decline over the past week. With reduced trading volume and market cap, ADA may be entering an accumulation phase. Industry experts anticipate a surge in ADA’s price during the banking trend in the crypto market, with predictions of a potential rally to $1.10.
Ripple (XRP) has also faced price variability, with its current price at $2.80, showing a 5.91% decrease over the last seven days. XRP’s trading volume has declined by 30.17% in the past 24 hours, indicating a period of consolidation. For XRP, breaking above the critical $2.80 level could trigger a rally, while falling below may lead to a correction towards $2.72. If XRP undergoes a correction, it could serve as a bottoming out phase before a potential rebound to $3+.
While Cardano and Ripple hold significance in the crypto market, Digitap emerges as a potential leader in the new era of banking tokens. As an omnibank, Digitap bridges the gap between crypto and traditional finance, appealing to a broad spectrum of users, including crypto enthusiasts, individuals unfamiliar with crypto, and businesses. Furthermore, Digitap’s low market cap and upcoming launch provide a promising outlook for growth, making it a compelling option in the banking tokens segment.
