Investing in any crypto token comes with the acceptance that you could either be disappointed or excited. Sometimes, investors have even felt both. In recent times, investors in Ripple (XRP) have become well acquainted with the disappointment component of investing. Since Ripple’s (XRP) unfortunate case with the SEC, they have not been able to ‘get back on the horse’ and continue on the trajectory they were once on.
Following this, investors in Ripple (XRP) are looking to invest in good projects that have the potential to make them excited. One of such projects is DeeStream (DST), the new decentralized streaming platform that has everyone’s attention. In fact, investors in coins like Chainlink (LINK) are buying up DST tokens by their numbers hoping to replicate their success in Chainlink (LINK)
Ripple (XRP) And Chainlink (LINK) Performance
Ripple (XRP) is the native token for XRP Ledger, a payment processing blockchain that launched in 2013. At the time of Ripple’s (XRP) launch, one XRP sold for $0.005875. It enjoyed an upward surge in price, even once hitting $3.84 before 2019. However, it lost its momentum following a SEC lawsuit. In 2019, it had fallen to $0.3086271 and maintained a value less than a dollar through 2020 despite the universal bull run that saw almost all coins experiencing high growth in value. The tides have not completely turned for Ripple (XRP), which sold at a 7.62% loss through January.
Chainlink (LINK), on the other hand, has had a good enough run in the years since its introduction. Over the years, it has steadily appreciated value from less than 20 cents in 2017 to trading at $20.69 on the market today. Some could say that this puts Chainlink (LINK) on the path to being a blue chip crypto token although future price adjustments will decide that.
Funds Move From Chainlink (LINK) And Ripple (XRP) To DeeStream (DST)
Despite Chainlink’s (LINK) good performance on the market, investors are still putting their money in DeeStream (DST) and here’s why:
- Price Point
At $0.035, the price at which DeeStream (DST) is selling its presale tokens is ridiculously low. This allows investors to make an astonishing percentage in profits when the token appreciates. - Stability and Transparency
Deestream (DST) cares about stability and transparency as much as investors do. That’s why they’ve gone the extra mile to ensure that all transactions are open and accessible to all. They have also locked up liquidity for life and completed the necessary audit to ensure it is stable enough for growth.
Of course with Ripple (XRP), investors are looking to put money in a project that presents them with the opportunity to recoup their losses. DeeStream (DST) makes the perfect investment opportunity as its token is stable and projected to grow at an astonishing rate. Of course, the added advantage of holding presale tokens is a secondary, albeit valid attraction.
