Despite what the popular saying claims, bigger isn’t always better. BlockDAG (BDAG), a crypto presale project that aims to raise $600 million to build a novel hybrid layer-1 blockchain architecture, isn’t necessarily the top crypto to buy now.
On the other hand, Digitap ($TAP), the maker of the world’s first “omni-bank,” offers a compelling investment thesis because it is already delivering a tangible product. Digitap’s approach of building before raising money is positioning it as a top altcoin to buy despite a very noticeable fundraising gap.
Digitap’s Live Utility Tops Lists Of Top Altcoins To Buy
Digitap’s fintech bank app enables users to hold multiple currencies, invest in cryptocurrencies, and manage their finances. A partnership with Visa introduced the globally recognized name to Digitap and lets users spend their crypto on everyday purchases.
The platform also offers basic fiat banking features that one would expect, including sending money to friends and family, as well as converting currencies. More than 1.4 billion unbanked or underbanked adults worldwide directly benefit from an optional no-KYC signup feature that provides basic services. The majority of these adults live in countries where access to identification is impossible or not recognized by major banks.
Essentially, Digitap is delivering on crypto’s long-standing promise of real financial inclusion and utility, which many projects discuss but few actually deliver.
Why Build-First Execution De-Risks The $TAP Investment
Digitap’s presale might pale in size compared to larger projects, but it has raised more than $1.6 million. Currently in its fourth round and priced at $0.0297, Digitap’s native $TAP token still trades at a discount to its expected listing price of $0.14, making it a bargain crypto to buy now.
Since Digitap is already shipping a real-world product, it requires capital to support the app, not build it from scratch. Digitap’s upcoming roadmap includes a brand-awareness push, global marketing campaign, new updates, a major app release, and more. Essentially, it doesn’t need hundreds of millions of dollars to grow.
Investors have seen early confirmation that the team can execute on a project, leading many to believe it is one of the top altcoins to buy. Integrating with legacy systems like Visa is no simple task, as it requires high compliance and technical standards.
As such, Digitap’s product is part of its presale pitch. It is a lot easier for investors to evaluate a project with a working app and active users than one that just has a whitepaper, a product in the testing phase, and a big budget.
BlockDAG Tests A DAG-Based L1 With Miners And Mobile Apps
BlockDAG’s core innovation is its blockchain architecture based on a Directed Acyclic Graph. The company hopes to achieve extremely high throughput without sacrificing decentralization. Expectations call for BlockDAG to process thousands of transactions per second, and the company’s public testnet brings it one step closer to its goals.
Currently, there are 20,000 physical miners and millions of mobile users participating in mining activities through an app. This confirms BlockDAG was able to leverage early hype into participation. The culmination of its presale and the end of the testnet, dubbed “Genesis Day,” is scheduled for late November.
Why A Large Valuation Raises Day-One Execution Stakes
If all goes according to plan, BlockDAG could evolve from a crypto presale to one of the highest-valued market caps for a new layer-1. This is based on 150 billion total tokens at an expected listing price of around $0.05, which implies a $7.5 billion fully diluted valuation.
As impressive as this sounds, the large valuation happens to be a major weakness. The presale event spanned 45 batches, and it is likely that early investors are eager to cash out, especially if the market doesn’t immediately justify further upside. The project will face immense pressure to deliver a blockchain that lives up to very high expectations after aiming to raise a total of $600 million.
It needs immediate real use cases, developers building on it, and users transacting on it to sustain any value on day one. As of now, BlockDAG lacks a visible application layer; there are no popular dApps announced yet that will run on BlockDAG.
Why Working Products Beat Hype When Markets Turn Risk-Off
BlockDAG’s early crypto presale success was built on the promise that its technology would drive future activity. This makes BlockDAG somewhat of a black box for investors: extremely well-funded and ambitious, but still waiting to prove it can achieve meaningful adoption beyond its initial miner and speculator community.
This makes BlockDAG a high-profile bet, as opposed to Digitap, which is already shipping a real-world product. This fact makes all the difference in the world, as investors aren’t left to imagine what Digitap might be; they can see it in action.
As such, Digitap has a tangible edge in credibility and risk mitigation as it raises the bar for real-world crypto utility, making it a top altcoin to buy. Ultimately, real utility is the main factor in considering altcoins to buy, as this is what converts into sustainable value creation over time.
Digitap is Live NOW. Learn more about their project here:
Presale: https://presale.digitap.app
Website: https://digitap.app