Hyperliquid’s HYPE has seen another disappointing week. The token struggled to hold the $30-$32 price range after 9.9M tokens were unlocked and added to the circulating supply. Many traders are now watching whether HYPE will reclaim the $35 area as support or break down further towards the high $20s.

Unlike Hyperliquid, whose trading volume is shrinking, Digitap ($TAP), a rising crypto presale project, has already raised over $2 million in just weeks. This is all thanks to its live omnibank app that combines crypto and fiat tools in a single, seamless account.

While popular altcoins stall, whales are channeling capital into early-stage opportunities. This shift is shaping discussions on the best altcoins to buy now in the current market dynamics.

Hyperliquid Spot Trades Clustered Between the Low and Mid $30s

HYPE price closed the week with an 11% loss. This is because a significant portion of its spot trades are clustered between the low and mid $30s. This leaves the token with a multi-billion-dollar fully diluted valuation on its daily trading volume.

Source: CoinMarketCap

Moreover, HYPE’s daily RSI is still stuck above $40s, while the short-term averages are continually dropping. This shows an indecisiveness, where the bears and the bulls don’t have clear control of the market. Additionally, roughly 2.6% of the circulating supply is in circulation.

After unlocking 9.9M tokens, the Hyperliquid team spent over $600 million on buybacks. This amount often buys only a few million tokens a day. That steady demand is quite small compared to the 9.9 million tokens that were released.

This has left the HYPE market with an oversupply. Many HYPE holders are now rotating capital into crypto presale projects, like Digitap, that offer immediate upside.

HYPE Market Sentiments Shows Mixed Signals

Traders are now projecting mixed sentiments for the token. Some say that the token is a slow beta and lagging the rest of the market. They believe that it’s not breaking down on its own but tugging on the index.

Others suggest that the downtrend may be due to the broader market sentiment, as investors have been betting on lower-risk, large-cap, and mid-cap assets. Another group suggests that the Hyperliquid team is buying back tokens while HYPE trades like stressed paper.

They see its market losing perspective, and the current prices look like a disconnect rather than a fair clearing price. Moreover, the charts continue to offer mixed sentiments, with HYPE hovering within its descending channels.

The $33-$35 level has become a critical area where the bulls and bears continue to test. A dip below these levels could trigger further declines towards $28. If it reclaims the $35-$36 support, HYPE price could rally towards $40.  This easily positions Hyperliquid among the best cryptos to buy long–term.

Real Utility Helps Digitap Outperform Market Trends

Meanwhile, Digitap ($TAP) is not just another crypto presale project selling tokens. It’s giving early buyers access to a live omnibank app that merges crypto and fiat tools into a single, seamless account.

Users can make payments, automate savings, store balances, and transfer money without needing to switch accounts. This is made possible by its standout multi-rail infrastructure and intelligent routing system.

When users want to transfer funds, the routing system selects the fastest and most cost-effective route for users. This may involve moving funds through banking rails like SEPA, SWIFT, or Faster Payments, in one transaction, or transferring money through public blockchains within the next transaction.

Anyone can download the app on iOS and Android and start using it immediately. This is due to its zero-KYC onboarding feature, which provides users instant access without any friction. This ease of use and everyday functionality have scaled $TAP, among the best cryptos to buy now.

Other standout features include:

•  A Visa card program that allows users to spend their crypto balances anywhere Visa is accepted.

• An earning mechanism that enables $TAP holders to enjoy passive income. 50% of Digitap revenue will be channeled to buybacks and staking rewards.

• Staking rewards of up to 124% APR during its presale, allowing users to enjoy decent yields while, at the same time, contributing to its stability.

Overall, this fintech-focused project is streamlining worldwide banking accessibility and user experience. Aspects that are drawing crypto whales, as they believe such factors could easily position $TAP as the best altcoin to buy in December.

Presale Upside Before $TAP Hits Exchanges

Another interesting point of investor discussion is Digitap’s presale momentum. While the broader market retreats, with many tokens, including HYPE, paring off gains, Digitap presale prices continue to scale up.

$TAP price has jumped to $0.0361 from its initial offering of $0.025. Early buyers have already secured over 170% ROI. Things don’t stop there; in just five days, $TAP will surge to a new price target of $0.0371, making it the best crypto to buy now.

Meanwhile, its launch price is set at $0.14. This gives early buyers a timing advantage to enjoy in-built upside throughout its presale phase, even before the Digitap token hits exchanges. That’s why many consider it among the best altcoins to buy in 2026.