Bitcoin Slides Below $108K, Crypto Stocks Sink as ‘Uptober’ Disappoints, But One Presale is Defying the Bloodbath: Digitap ($TAP)

Market Downturn Defied by Digitap Presale

A significant crypto market correction has dampened the typical "Uptober" rally, but one presale project is showing remarkable resilience.

• Bitcoin fell below $108,000, erasing nearly 8% of its October gains.
• Crypto stocks like Coinbase and MicroStrategy followed the decline.
• Amid the sell-off, Digitap's $TAP token presale is defying the trend with substantial growth.

Broad Market Sell-Off

The downturn was triggered by stronger-than-expected U.S. inflation data and uncertainty around the Federal Reserve's next move. This led to a de-risking movement, with investors rotating out of high-volatility assets. Major altcoins like SOL and AVAX saw losses exceeding 10%, pulling the total crypto market capitalization back below $4 trillion.

Digitap's Counter-Trend Performance

While the broader market struggles, the Digitap ($TAP) presale is thriving. Its token price has surged 114%, from $0.0125 to $0.0268, raising over $1.34 million. The project is gaining attention for its focus on real-world utility rather than pure speculation.

The Utility Behind the Growth

Digitap is developing an "omni-bank" application that merges traditional and crypto finance. Its ecosystem includes:

• Multi-currency wallets.
• Instant crypto-to-cash swaps.
• A Visa debit card integrated with Apple Pay and Google Pay.
• Low-cost cross-border payments.

The project also features a token buyback and burn program, which systematically reduces the $TAP supply, potentially increasing its scarcity as adoption grows.

Outlook for Utility-Focused Tokens

Analysts view the current pullback as a healthy market correction. This environment is shifting investor interest towards early-stage projects with solid fundamentals. Digitap's practical focus on financial inclusion and mobile-first finance positions it as a potential leader in the next wave of fintech-crypto infrastructure, making $TAP a token to watch for 2025.