Published on: 21/02/2024
With crypto exchanges all abuzz over Bitcoin Cash (BCH) and Ethereum Classic (ETC), it might surprise some to learn of another project rapidly taking the cryptocurrency market by storm. DeeStream (DST), a premier streaming video infrastructure for both live and on-demand streaming, has seen its presale skyrocket to popularity amongst industry insiders. The reason? Rumors of significant gains to be made in 2024.
Over the past month, we witnessed Bitcoin Cash (BCH) and Ethereum Classic (ETC) bulls charge into the market, bolstered by their association with their larger-cap counterparts Bitcoin (BTC) and Ethereum (ETH). After all, who could ignore the giant leaps these two took, based on speculation of Bitcoin (BTC) and Ethereum (ETH) spot exchange-traded funds getting the green light?
Bitcoin Cash (BCH), however, faltered at its attempted breakthrough, peaking at $280 last February 12th and falling short of the anticipated $300 target. Ethereum Classic (ETC) too, experienced a slump. Despite surging trading volumes, Ethereum Classic (ETC) prices took a hit and declined, signifying strong selling activity rather than buying.
Now, its time to shift our gaze towards DeeStream (DST). Not only did its presale spark industry chatter, but its decentralized approach is winning favor in what is an increasingly data-sensitive world. Top-streaming platforms like TikTok, YouTube, Kick, and Twitch have a centralization issue — one that gives them unrestricted access to dictate revenue generation for content creators and harvest user data.
DeeStream (DST) is envisaged as the antidote to this centralization problem, offering a Web3 video infrastructure network that prioritizes content creators, safeguarding their freedom to monetize and engage with viewers. Here, the inherent potential for growth is enormous — a possibility that sets DeeStream (DST) apart from Bitcoin Cash (BCH) and Ethereum Classic (ETC).
So where does this leave investors? Seizing opportunity in the crypto market means staying ahead of the curve, and for those looking to do so, the future may be in DeeStream (DST). Its not merely the projection for exponential gains that should intrigue investors, but also the shift in narrative this token brings — a move towards decentralization that encapsulates what cryptocurrency was initially conceived as.
Whether youre a seasoned crypto investor or a newcomer looking to make your mark, keep an eye on DeeStream (DST). The potential it offers amidst the seemingly saturated tokens like Bitcoin Cash (BCH) and Ethereum Classic (ETC) is leading some to reconsider their strategy — a reassessment that you might benefit from as well.
For those interested, the DeeStream (DST) presale is underway, and more information can be found on their official website. As always, investment should be approached with careful consideration, understanding the risks and rewards associated with the world of cryptocurrency.