Crypto markets are facing renewed macro pressure as hotter U.S. inflation pushes expectations for another Federal Reserve interest-rate hike sharply higher. Bitcoin has already felt the impact, dropping below $77,000 during the week’s selloff as traders reassess how long restrictive monetary policy could remain in place.
For buyers searching for the next crypto to explode, periods of weaker sentiment can shift attention toward tokens that have yet to experience public-market price discovery. DigiTap ($TAP) remains at $0.0589 during its presale, while its working beta app is already downloadable, creating a contrarian early-entry narrative before broader crypto FOMO potentially returns.
Fed hike fear puts crypto sentiment under pressure
The latest U.S. inflation report strengthened the case for another rate increase. Core CPI rose 0.3% in August, above the 0.2% economists expected, while headline consumer prices increased 0.4% during the month. Annual headline inflation stood at 3.4%, remaining well above the Federal Reserve’s 2% target.
Markets reacted quickly. Interest-rate futures moved to price roughly an 85% chance of a Fed hike at next week’s meeting, compared with around 70% before the CPI report. That shift follows hotter producer-price data and rising energy costs, creating a tougher macro backdrop for crypto.
Bitcoin has already demonstrated how quickly those expectations can affect sentiment. BTC fell below $77,000 following the inflation-driven selloff, while hundreds of millions of dollars in crypto positions were liquidated as traders reduced exposure.
The contrarian argument is that weaker sentiment can create an opportunity to look beyond assets already trading on public markets. DigiTap remains pre-market, meaning its current pricing cycle is still being determined by the presale rather than daily exchange volatility.
DigiTap builds its 100x debate around early entry and product proof
DigiTap has now raised more than $11.72 million while $TAP remains priced at $0.0589 in Round 4 of its 10-round presale. The current round is already over 85% sold, putting buyers increasingly close to the next scheduled price increase to $0.0594.
The 100x debate comes from DigiTap’s earlier starting point and its position before public price discovery. A 100x from the current price of $0.0589 would put $TAP at $5.89. The more immediate milestone is its $0.14 listing price, with the remaining presale rounds progressively moving the entry higher before exchange trading begins.
What gives DigiTap more substance is its product proof. The beta app is already downloadable through the App Store and Google Play while $TAP remains in presale. Buyers therefore do not have to wait until after listing to see whether the central fintech product gets built.
The app combines crypto and fiat wallets, cards and payment functionality while supporting more than 100 crypto assets. Its Basic Wallet Plan allows users to start without KYC documentation, while the virtual card connects digital balances with everyday spending.
DigiTap has also built scarcity into $TAP’s token structure. Maximum supply is fixed, with no additional minting beyond the cap. Only 1% of supply is allocated to the team, and those tokens are locked for five years, limiting one source of potential supply entering the market during DigiTap’s early growth phase.
Utility includes staking, cashback, fee discounts and VIP benefits, connecting $TAP directly with activity across the app. DigiTap intends to direct 50% of app fee profits toward open-market $TAP buybacks and burns, adding another mechanism designed to connect platform growth with token demand.
Could DigiTap be the contrarian entry before FOMO returns?
Fed hike fears have pushed crypto back into a defensive period, but market sentiment can change rapidly. Bitcoin has already shown repeated rebounds around shifting rate expectations this year, making next week’s Fed decision another major catalyst for the wider market.
DigiTap gives buyers an opportunity to enter before that sentiment reaches its token on public exchanges. More than $11.72 million has been raised, Round 4 is over 85% sold and $TAP remains at $0.0589, while the beta app is already downloadable.
With a $0.14 listing price ahead and a working payments app already available, DigiTap’s contrarian appeal comes from entering while wider crypto sentiment remains cautious rather than waiting for FOMO to return.
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FAQs
Why are Fed hike fears affecting crypto?
Hotter core inflation has increased expectations for another Federal Reserve rate hike, putting pressure on risk assets including cryptocurrencies.
What is DigiTap’s current presale status?
DigiTap has raised more than $11.72 million, while $TAP costs $0.0589 in Round 4 of 10. The round is over 85% sold, with the next price increasing to $0.0594.
Disclaimer:
This article is for informational purposes only and does not constitute financial advice. Cryptocurrency investments carry risk, including total loss of capital.
All market analysis and token data are for informational purposes only and do not constitute financial advice. Readers should conduct independent research and consult licensed advisors before investing.
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