In the changing world of digital currencies, three important tokens are gaining attention for their unique paths. Toncoin (TON), linked to the Telegram Open Network (TON), is experiencing a large sale by a major investor. Arbitrum (ARB) is going through a decrease in value, whereas DeeStream (DST) is showing promise and is expected to grow significantly.
Toncoin (TON): Telegram’s Vision Unfolding
Toncoin (TON) plays a crucial role in the Telegram Open Network Toncoin (TON), a concept developed by the Durov brothers Nikolai and Pavel. Toncoin (TON) is built to handle lots of users and tasks efficiently. It aims to make it easy for people to make deals, run smart contracts, and send money directly to each other. Toncoin (TON) works on a proof-of-stake (PoS) method, which helps it process deals quickly and check lots of deals per second.
Even though the market has been up and down lately, Toncoin (TON) has stayed strong. Right now, it’s priced at $2.105735 and has a market value of $7.28 billion. Its trading has been busy, hitting $14.43 million in the last day, and there are 3.46 billion Toncoin (TON) for people to use. Experts think Toncoin (TON) will keep doing well, with prices likely ranging from $1.94 to $2.93 by 2024.
Arbitrum (ARB): Moderate Volatility Amid Decline
Arbitrum (ARB) navigates the market with moderate volatility, ranking 43 out of 100 in InvestorsObserver’s Volatility Rank. Priced at $1.84 with a resistance level near $1.82, Arbitrum (ARB) faces challenges in maintaining a stable position. The Risk/Reward Gauge suggests protection from price manipulation, but the token remains vulnerable if the rally loses momentum. Despite these hurdles, Arbitrum (ARB) continues to trade above support at $1.77.
DeeStream (DST): Decentralizing Online Streaming
DeeStream (DST) changes how online streaming works by going fully decentralized, linking content creators and global fans. It costs $0.035 per token during the presale and gives token holders decision-making power, dealing with problems tied to centralized platforms. It guarantees freedom of speech, lower costs, and community-based decision-making.
In a market where 44% watch less TV due to live streaming, DeeStream (DST) taps into a growing sector projected to hit $247 billion by 2027. Being the first Web3 platform, it introduces a rewards program, feeless swapping, and decentralized decision-making, making it a reliable choice in a dynamic industry.
As an investment, DeeStream (DST) offers a promising opportunity with a total supply of 300 million tokens, allowing active involvement, proposal contributions, and passive income. Expecting a return on investment exceeding 50x, DeeStream (DST) stands out with significant growth potential and a unique value proposition for investors.