The crypto market is heating up as the countdown to the Bitcoin (BTC) halving draws near. Big-cap coins like Ethereum (ETH) and Dogecoin (DOGE), while available at massive discounts from their all-time highs, are losing ground to newer, lower-cap competition that can outperform their price potential in 2024. One of the potential 100x gems is DeeStream (DST), the first decentralized live video streaming platform, and its presale offers prospective investors an ideal entry point to a project that could moon this year.
Dogecoin (DOGE) Struggling to Break Past Key Resistance Levels
Dogecoin (DOGE) is the original dog-themed meme coin. But its best days appear to be long behind it after peaking in 2021 at $0.72. Since then, Dogecoin (DOGE) is down 90% from its all-time high, trading at $0.081 in the past 24 hours per crypto aggregator CoinGecko. Thus far, Dogecoin (DOGE) has struggled to break past strong resistance at $0.09 in January, albeit trading at a marginal 0.2% increase in the past trading day. Dogecoin (DOGE) has a market cap of $11.59 billion and a 24-hour trading volume of $506.43M, according to CoinMarketCap.
Ethereum (ETH) Losing Ground to L1 Competitors
Are we seeing a changing of the guards in the decentralized finance (DeFi) sector? Ethereum (ETH) is on the verge of being overtaken by other L1 blockchains. According to DeFi aggregator DefiLlama, Solana (SOL) is breathing right down Ethereum’s (ETH) neck in terms of volume traded on decentralized exchanges. Ethereum (ETH) registered a $1.29B 24-hour trading volume, while Solana is closing on $800 million as of this writing. Ethereum (ETH) is objectively facing stiff opposition and its market dominance is under hard-time pressure.
DeeStream (DST) Set to Disrupt $200B Live Streaming Industry
DeeStream (DST) is one of the hottest new presale investment opportunities of 2024, and it’s looking to disrupt the $160.55 billion global live streaming industry. DeeStream (DST) is building the premier Web3 live streaming platform bridging streams, content creators, and their audiences under one decentralized streaming model. Market observers believe DeeStream (DST) could become a leader in the global live streaming industry with its value proposition, positioning it as one of the most tantalizing investment opportunities of the year.
DeeStream is expected to draw the world’s biggest content creators and streamers, as well as their respective fanbases—positioning DeeStream’s DST token for a massive pump. With the plethora of income streams available on DeeStream (DST), the platform is expected to grow exponentially as major content creators flock towards the decentralized video streaming protocol. This could mean a potential 100x in the works for its native DST token.
DeeStream (DST) is making its native DST token available for an introductory price of only $0.035, giving early investors the best possible position to reap the benefits of what could be a massive year for the decentralized streaming protocol. The DeeStream (DST) presale is a clear-cut opportunity to be part of a high-potential project at the most opportune time before it skyrockets in 2024. If you’ve been searching for the mythical 100x gain, this could be your opportunity.
Find out more about the DeeStream (DST) 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.
