Home
News
In the crazy world of crypto, one expression is always almost true: you snooze, you lose. That’s exactly what a growing number of market analysts are saying about DeeStream—a revolutionary project in its presale phase. Immutable (IMX) and Ethereum (ETH) are among the early investors taking out positions in DeeStream (DST). Market analysts believe DeeStream’s introductory presale price of $0.035 is an unmissable opportunity to get in on the ground floor of a project that can blow up to the stratosphere in 2024.
Immutable (IMX) Goes Live with IMX Mainnet
According to a tweet on X, Immutable extended zkEVM’s mainnet access to select gaming studios and partners. zkEVM is a noteworthy milestone for Immutable because it introduces additional features to its ecosystem, reducing gas fees and potentially onboarding a bigger audience for IMX-developed blockchain games. Immutable (IMX) token prices have been on an upward trajectory since October 19, 2023, which peaked on December 27th at $2.60. Immutable (IMX) corrected to monthly lows last January 23rd at $1.70, until recovering to its current levels of $1.95 as of January 31st.
Ethereum (ETH) Gets the Rub from Standard Chartered
Analysts from Standard Chartered expect the U.S. Securities and Exchange Commission (SEC) to greenlight the approval of spot Ethereum ETFs in May. The multinational bank predicts ETH prices could potentially hit $4,000 in May 2024. Ethereum last hit the $4,000 milestone last November 2021 when it hit its all-time high of $4,878. Since April 2016, Ethereum has experienced an astonishing surge from around $11 to approximately $2,313 as of January 31, or a remarkable 20,931% gain since.
DeeStream (DST) Presale Picking Up Serious Momentum
DeeStream’s presale launch has drawn over 5,000+ registrants just several weeks since launching, indicating the massive traction that the revolutionary decentralized video streaming protocol has gained in such a short amount of time. Market analysts believe this immense buy-side pressure so early on could mean that its native token DST could generate a substantial ROI in 2024. Thus far, it’s already on the short list of the best-performing presales of the year.
DST is the next-generation Web3 live video streaming platform, empowering content creators and their audiences by combining the best parts of Web2 platforms like Twitch, YouTube, TikTok, and Kick, but without their pitfalls such as arbitrary suspensions, limited profit margins, and limited income generation options. DeeStream (DST) will empower creators with a robust suite of content creation tools, alternative income streams, and feature instant deposits and withdrawals.
DeeStream’s native token, DST, will be made available at an introductory price of $0.035. Market analysts believe the price is an optimal entry opportunity to a project that can deliver a 50x when the bulls return after the Bitcoin halving in April. DeeStream’s 6-stage presale will feature token price increases every stage, meaning early investors could be in for gains even before the token launches on major exchanges.
Find out more about the DeeStream (DST) presale by visiting the website here
Disclaimer: Any information written in this press release or sponsored post does not constitute investment advice. Thecoinrepublic.com and all its authors do not, and will not endorse any information on any company or individual on this page. Readers are encouraged to do their research and take any actions based on their findings and not from any content written in this press release or sponsored post. Thecoinrepublic.com and all its authors do not and will not be responsible for any damage or loss caused directly or indirectly by the use of any content, product, or service mentioned in this press release or sponsored post.
Serena James has worked as a writer for different media houses in the past. Currently, she is working as a fundamental writer for thecoinrepublic, covering decentralized finance. When she isn’t writing, she can be found skimming and scanning Twitter and other websites to produce mind blowing breaking stories.
