This week has been a roller coaster moment for investors in both the traditional and crypto markets. Today, the value of several coins was affected by the February inflation that weighed on interest rate cuts.
For much smaller coins than Bitcoin (BTC), like Chainlink (LINK) and Cardano (ADA), the effects of this inflation have driven investors to coins with more promise. DeeStream (DST) is one of the tokens that has benefitted from this situation.
Chainlink (LINK)
Chainlink (LINK) is one of those cryptocurrencies that have maintained a steady performance over the years since its introduction into the crypto market. From selling for 0.20 cents, Chainlink (LINK) has grown to be worth $19.51.
This February, Chainlink (LINK) took advantage of the crypto market surge to hit a 27% increase in price, a feat that many cryptocurrencies have not been able to replicate. However, on the heels of the February stock market inflation, investors in Chainlink (LINK) are considering diversifying into DeeStream's (DST) presale.
Cardano (ADA)
Last week, Cardano (ADA), alongside other top cryptocurrencies traded higher on the market following the crypto market surge. This surge ended a monthly 9% price improvement and opened Cardano (ADA) up for more investments.
However, just this Friday, the global stock market experienced a February inflation, whose effects have trickled down to coins like Cardamom (ADA). Now, investors in Cardano (ADA) are thinking of ways to diversify their investment to ensure against complete losses.
What this looks like for Cardano (ADA) is losing some of its potential investment to DeeStream (DST).
February Inflation Makes Cardano (ADA) & Chainlink (LINK) Investors Diversify Into Deestream (DST) Presale
Trading is an ever-changing landscape and investors have to stay on their feet if they want to safeguard their investments. This week alone, investors have had to reconsider some decisions to ensure they're hedging themselves properly.
With the state of the market, it's even more imperative to the average investor that they need to invest in coins that have a high chance of success. The coin of the day is DST.
DST is the native token for the world's first decentralized streaming platform, DeeStream (DST). Ahead of its launch, DeeStream (DST) is having its first presale at a very low price of $0.035. At this price, potential investors are getting these tokens at a steal. Holders of the presale token will enjoy these benefits:
- Governance: The presale token comes with a governance utility that allows holders to vote on important decisions concerning the platform
- All investors who buy the presale token will share, according to their investment, 50% of all revenue generated by the streaming platform.
- Early presale token holders will also be given access to all early alpha and beta versions of the platform
- Presale token holders can also join the reward program where they stand to win prizes.
Chainlink (LINK) and Cardano (ADA) investors are determined to be a part of the next blue chip token by investing early.
Find out more about the DeeStream presale by visiting the website here
Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
