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The investors of Solana witnessed a montly price increase of 66% that prompted noise among the whole crypto community. In addition to this, Solana has been one of the best-performing altcoins of this year and it is up by more than 800% of its price so far. Some experts actually forecast that its price may even double before the year runs out!
But, this is not the only news that is circulating in the crypto community, as DeeStream (DST) has garnered strong interest from many investors, including investors holding Ethereum (ETH) and Litecoin (LTC). But why is that? Read on to find out.
Solana (SOL) Growth Spurs Investor Interest in New Projects
Solana (SOL)’s surge is inspiring investors to seek other projects with groundbreaking concepts and DeeStream is an ideal candidate. SOL is composed of proof of history and proof of stake mechanisms. These mechanisms make transaction processing faster and cheaper than Ethereum.
SOL has a promising ecosystem that is made up of decentralized applications (dApps), DeFi protocols, and NFT marketplaces which are seeing massive growth. This development activity draws new users and a sense of trust from investors, thus showing both present value and future possibilities for the ecosystem.
Dogecoin (DOGE) & Litecoin (LTC) Investors are Eyeing the DeeStream (DST) Presale
Dogecoin (DOGE) investors looking for additional cryptocurrency assets may look toward DeeStream (DST)’s presale as an avenue to expand their funds while altering the streaming industry.
DST has the first mover advantage as the first and only decentralized streaming platform at the moment. Dogecoin now trades at $0.16 after having been sold at $0.0811 a month ago and $0.1559 last week.
However, Litecoin remains resilient at an average price of $86 (at the time of writing this, Litecoin (LTC) was at $89.54), with daily volumes reported at about $336 million. With an estimated market capitalization of $6.4 billion and dominating at 0.48% over all digital markets overall, LTC remains stable even during periods of extreme market volatility.
DeeStream (DST) Presale Surely Grabbing A Lot of Attention in March
The current streaming landscape has long been criticized for its unbalanced power dynamic, heavily favoring platforms over content creators whose success fuels it. DeeStream (DST) seeks to address this imbalance through an approach that puts creators back in charge.
Traditional streaming platforms often take up to 50% of creator earnings as fees! That’s why DeeStream decided to divide its fees, giving creators access to more of the revenues generated from their content.
DST facilitates a relationship between creators and their fans by using features such as tipping, subscriptions, and direct content offerings from creators directly to fans. This helps build loyal audiences while directly monetizing content without solely depending on ad revenue or platform payouts for revenue.
DeeStream strives to foster an environment in which creators have more control, greater monetization opportunities, and an influential voice when shaping its future making this creator centric approach to content production both equitable and rewarding for viewers and creators. DeeStream currently stands in its stage 2 at just $0.055.
Find out more about the DeeStream (DST) presale by visiting the website here.
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Mr. Pratik chadhokar is an Indian Forex, Cryptocurrencies and Financial Market Advisor and analyst with a background in IT and Financial market Strategist. He specialises in market strategies and technical analysis and has spent over a year as a financial markets contributor and observer. He possesses strong technical analytical skills and is well known for his entertaining and informative analysis of the Financial markets.
