Metaplanet now holds 30,823 BTC, which it acquired for $3.33 billion at an average price of $107,912 per BTC. While the recent purchase comes as the Bitcoin price rallies past $118,000 in preparation for a bigger rally, analysts have highlighted Digitap ($TAP) as the best new crypto to buy for greater upside potential.
Digitap is quickly gaining popularity among investors because it is revolutionizing the $194 trillion cross-border market
by offering what it calls the world’s first crypto and fiat omni-bank app. By seamlessly incorporating traditional finance systems into crypto, Digitap is looking to lead the future of payments.Metaplanet Becomes Fourth Biggest Bitcoin Holder, BTC Pumps
On October 1, Metaplanet announced that it had acquired a 5,268 BTC stake at an average price of $116,870, spending roughly $616 million. The latest Bitcoin purchase comes just two weeks after the Tokyo-based company bought 5,419 BTC.
Due to its persistent Bitcoin acquisition strategy, Metaplanet has now become the fourth largest corporate Bitcoin holder, overtaking Bitcoin Standard Treasury Company. According to BitcoinTreasuries, the company now holds 30,823 BTC, valued at around $3.33 billion.
The recent purchase comes amidst a Bitcoin price rebound in the ‘Uptober’ trend. The Bitcoin price has increased by 7% on the weekly timeframe and looks to break through the $120K resistance for the first time in more than two weeks, per TradingView.
CryptoQuant has explained that with the price of Bitcoin reclaiming the Trader’s Realized Price ($116K), it is now set up to rally higher. According to the on-chain analytics firm, Bitcoin has reentered the bull phase, and the BTC price could rally to $160K-$200K.
Digitap ($TAP) is Breaking Bounds in the Payment Market
Cross-border payments are one of the largest markets in the world, generating trillions of dollars in transactions annually. However, the traditional payment systems are slow, expensive, and less efficient, while cryptos could be a bit technical for many. Digitap ($TAP) is a new project designed specifically to solve these problems as the world’s first omni-bank.
Digitap’s omni-bank enables users to manage more than 100 cryptocurrencies, including the top 10 crypto coins, and more than 10 fiat currencies. The system Digitap has built presents a unified experience, allowing users to seamlessly convert, transfer, and spend assets with minimal friction.
Additionally, Digitap plans to integrate payment rails so local banks or mobile money systems can receive funds directly after conversion. This would imply less friction, delays, and also lower costs compared to traditional remittance routes.
Digitalp’s objective is to make transfers to foreign locations as easy as domestic payments, and unlock crypto spending globally. Digitap also provides both physical and electronic payment cards that can be used worldwide, making crypto assets more convenient for daily transactions.
Why Digitap ($TAP) is a Top 5 Crypto To Buy Now
Digitap integrates the comfort of the traditional banking system and the more powerful rails of blockchain finance, resulting in a convenient and scalable option for digital payments around the world. Because of this, Digitap has the potential to bank more than 1.4 billion unbanked adults globally. $TAP is the native token that powers the ecosystem, and is currently in presale.
$TAP gives its holders the opportunity to stake and earn up to 124% APY, even in its presale. This has attracted a ton of attention to the project, with more than 32.4 million tokens sold. As this demand rises, analysts have forecasted that the $TAP price can surge from its current price of $0.0125 to a potential high of $1 in 2025.
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Bitcoin vs. Digitap: What’s The Best Crypto To Buy Now?
With the institutional adoption of Bitcoin at an all-time high, analysts have forecasted that the price of BTC can increase to $200,000. This will represent an increase of 68% from its current price. On the flip side, Digitap is just beginning its rise to popularity with an influence over a trillion-dollar market. Analysts believe $TAP could benefit from this potential and increase by up to 100x, making it a star among the best cryptos to buy now.
Discover how Digitap is unifying cash and crypto by checking out their project here:
Presale: https://presale.digitap.app
Website: https://Digitap.app/
Social: https://linktr.ee/digitap.app
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