When the market is shrouded by the words “extreme panic”, the performance of Ethereum and Cardano is alarming. At this time, some traders begin to turn their attention to new faces—such as the Digitap ($TAP) project.
Let's talk about the predicament of the established players. Ethereum has been struggling repeatedly below the $3000 mark, having fallen 25% this month. Cardano is in an even worse situation, likely heading back to “visit” that heartbreaking low point of 2022.
What about Digitap? During the presale, the price soared directly by 160%, now standing at $0.0326. This project is quite interesting - it aims to connect DeFi and traditional finance (TradFi) using a Visa-supported payment solution. It has already secured over $2.1 million in funding.
Of course, what is most eye-catching are the predictions from those experts: they say this coin could rise by 5000% after it goes live. Such numbers do sound exciting, but when the market is in a panic, everyone needs to remain calm and make rational judgments. After all, there is often a significant gap between the predictions of skyrocketing prices and actual performance.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
8 Likes
Reward
8
5
Repost
Share
Comment
0/400
GateUser-a5fa8bd0
· 11-30 11:38
It's this trap again, how is a 160% presale rise so attractive... I really can't believe the 5000% prediction, but indeed the fall of ETH looks uncomfortable.
View OriginalReply0
MerkleDreamer
· 11-29 15:58
It's another story about the rise of pre-sale coins, while the old coins are falling, we're buying the dip on new projects... I'm too familiar with this routine
---
Visa's endorsement sounds nice, but is a 5000% prediction serious? This is obviously gambling
---
With ETH falling like this, there are still people daring to go all in on new projects, I admire your courage
---
160%... this rise is crazier than the fall of mainstream tokens for the whole month, is the DeFi + TradFi concept really that valuable?
---
Another project with 2.1 million in financing, if it rises 5000% upon launch, I would have been financially free by now
---
To be honest, this rhythm feels a bit familiar, panic → new project → explosive expectations, those who understand know
---
The logic of pre-sale coins is always like this: mainstream coins fall → retail investors look for new hope → the next dumb buyer comes along
---
Visa's support sounds high-level, but to be honest, the trust level still raises a question mark
---
When the market is in extreme panic, making a move on new projects... it's either a big profit or a huge loss, there's no middle ground.
View OriginalReply0
HashRateHermit
· 11-27 12:09
It's the same old trick of "experts predicting 5000%" again... Is it true or false? Why do I feel like this script has been played countless times?
View OriginalReply0
ApeWithNoFear
· 11-27 12:09
It's the same old trick again, whenever there's a big dump, new coins pop up claiming they're going to rise 5000%, makes me laugh to death.
View OriginalReply0
WagmiAnon
· 11-27 11:48
Dude, it's this trap again... Last time I heard an expert say 5000%, and as soon as it was launched, it directly suffered a 50% Slump.
Market panic moment: ETH falls 25% this month, but this presale project rose by 160%.
When the market is shrouded by the words “extreme panic”, the performance of Ethereum and Cardano is alarming. At this time, some traders begin to turn their attention to new faces—such as the Digitap ($TAP) project.
Let's talk about the predicament of the established players. Ethereum has been struggling repeatedly below the $3000 mark, having fallen 25% this month. Cardano is in an even worse situation, likely heading back to “visit” that heartbreaking low point of 2022.
What about Digitap? During the presale, the price soared directly by 160%, now standing at $0.0326. This project is quite interesting - it aims to connect DeFi and traditional finance (TradFi) using a Visa-supported payment solution. It has already secured over $2.1 million in funding.
Of course, what is most eye-catching are the predictions from those experts: they say this coin could rise by 5000% after it goes live. Such numbers do sound exciting, but when the market is in a panic, everyone needs to remain calm and make rational judgments. After all, there is often a significant gap between the predictions of skyrocketing prices and actual performance.