Ethereum Eyes $3,200 as DigiTap Offers Smaller-Cap Entry
Ethereum's price has rebounded to around $2,750 after weeks of consolidation, and technical analysis suggests it could push even higher to a target of $3,200. The cryptocurrency has benefited from fresh ETF demand and stronger crypto momentum.
However, Ethereum's size is a significant factor in its potential for further growth. With a valuation in the hundreds of billions, every major percentage move requires enormous new capital inflows. This makes it challenging for retail traders to achieve explosive returns compared to smaller-cap assets.
DigiTap, a utility-focused altcoin with a live beta financial app, offers an alternative entry point for investors seeking more potential upside. The token is currently priced at $0.0589 and has already completed two independent audits by Coinsult and SolidProof. Round 4 of the presale is nearing completion, putting pressure on the current price.