The crypto market selloff has been especially brutal for meme coins. Notably, Shiba Inu (SHIB) is down around 65% over the past year, only to be beaten to the bottom by Pepe (PEPE), which is down 75% over the same period. Meme coin mania had its time to shine, but investors have punished both tokens severely. Now might be a good moment for meme coin investors to reflect on their investment narrative and consider some of the top altcoins to buy. Several crypto presale projects offer meme coin investors a way to seek safety through their structured presales.
For example, Digitap ($TAP), the creator of the world’s first “omni-bank,” has seen its native $TAP rise in value from $0.0125 to $0.0313 after multiple rounds. Investor enthusiasm for the token is driven by its real-world utility and massive total addressable market, making it an easy choice as a top crypto to buy now over meme coins.
Digitap’s Utility Strengthens Its Crypto To Buy Now Case
Digitap’s vision of a “global money app” is already live, which is a rare accomplishment for a crypto presale project. Users can send, receive, store, invest in, and spend multiple fiat currencies and over 100 cryptocurrencies on the same platform. Users no longer have to toggle between apps, as fiat and crypto can now function and live together.
The standout feature is a Visa-branded Digitap debit card that can be used anywhere Visa is commonly accepted. This global card lets users spend crypto like cash in everyday places. Behind the scenes, the Digitap app uses AI to instantly convert the right amount of crypto to fiat at the point of sale. This user-first approach removes the usual hurdles of crypto spending.
Crypto ownership has already surpassed 560 million people worldwide, yet few projects have enabled users to spend digital assets however they want. Digitap is addressing this massive opportunity by turning crypto into a savable and now spendable asset within one unified platform.
Why Fixed Rounds Cushion Volatility In A Weak Market
The ongoing Digitap presale of its $TAP token continues to gain momentum, as investors see it as a flight-to-safety play. In contrast to free-falling meme coin prices, Digitap’s presale features a tiered pricing structure that guarantees a price increase at each stage.
For example, $TAP was offered at $0.0125 in its first phase and has steadily risen with each milestone, now trading at $0.0313, giving early investors a paper profit of more than 150%. The team recently confirmed that it has secured at least one exchange listing for $TAP, with an expected launch price of $0.14. This price appreciation essentially protects investors from day-to-day volatility, as Digitap’s valuation gains are independent of external market conditions.
In other words, even as meme coins like Shiba Inu and Pepe continue to crash, Digitap offers an opportunity to buy the token at a roughly 80% discount relative to its expected launch price.
Shibarium Usage Falls While Burns Fail To Offset Supply
By no measure is Shiba Inu in a position of strength. Data from Shibarium Explorer shows active accounts on Shibarium are just 79, down from over 600 in late October. The number of newly added accounts on Nov. 18 was just 3, down from over 20 at the start of November.
Meanwhile, Shiba Inu’s token burn rate has skyrocketed in recent days, and this might look impressive in a graph. However, the exact number of burned tokens is 15 million+, implying the dollar amount is smaller than a rounding error.
Given a total supply of more than 585 trillion coins in circulation, burning a few million tokens is essentially meaningless, leaving Shiba Inu with little to no catalysts to excite investors.
Pepe Open Interest Plunges; Price Sits Below Key Averages
Similar to Shiba Inu, real-time data doesn’t support the narrative that Pepe is one of the top altcoins to buy. Futures market open interest has crashed from a September high of around $800 million to around $198 million. Falling open interest is one of the more compelling signs that traders have stopped trading PEPE, especially after October’s crash that resulted in Pepe bulls losing $20 million.
Pepe’s chart shares a similar narrative. The token is stuck well below the 50-day and 100-day Exponential Moving Averages. This is usually a sign the token could continue falling as there is little support available.
Meme Coins Fade; Utility Projects With Revenue Take Lead
The crash in meme coins like Shiba Inu and Pepe should make it clear to investors that the era of speculating on tokens with no substance is over. As investor confidence continues to plummet, the lack of any meaningful product-market fit or financial utility makes it difficult to consider meme coins in the list of best altcoins to buy.
By contrast, crypto presale projects like Digitap offer real utility and structured growth models. Investors are beginning to favor platforms that provide real value to users and revenue to the company. In other words, Digitap is delivering on its promise of a live banking app, integrated Visa card, and a multi-currency crypto-fiat bank platform.
For investors wise enough to recognize the need for a utility-backed hedge in today’s bear market, Digitap stands out as one of the best cryptos to buy now.