The cryptocurrency market, decentralized though it may be, is heavily influenced by trends set by experienced large-scale investors. It’s also rewarding for these trendsetters when they strategically invest in promising tokens early on.
Among such trendsetters is an Avalanche (AVAX) millionaire who has added DeeStream (DST) to his portfolio by participating in its presale
This strategic move has sparked a surge of interest in the DeeStream (DST) token, inspiring other investors in the crypto space to take notice, particularly holders of Avalanche (AVAX) and Ripple (XRP), both of which are smart contract blockchain tokens.
Investors Suspect Avalanche (AVAX) Market Manipulation
Since its launch in 2020, Avalanche (AVAX) has prioritized blockchain improvement, branching out into areas of decentralized applications (dApps) and custom blockchain networks. Thanks to the AVAX consensus protocol, Avalanche (AVAX) has maintained a competitive edge over most cryptocurrencies in terms of scalability and performance.
Following the general February rally, Avalanche (AVAX) gradually increased in value, peaking at $43.27. However, in mid-February, Avalanche (AVAX) experienced a significant retracement to $35, indicating whale activity. At the time of writing, Avalanche (AVAX) is priced at $42.38, but investors are wary of potential market manipulation, prompting them to explore the potential in DeeStream (DST).
Ripple (XRP) Cruises on the General Rally
Ripple (XRP) is currently valued at $0.59, reflecting a 17.15% increase over the past month and a 10.87% rise in the last 7 days. Initially, Ripple (XRP) aimed to provide a more efficient and economically viable alternative to conventional banking systems, particularly for global money transfers.
Ripple (XRP) has attracted interest for its ability to simplify cross-border payments and its adoption by numerous financial institutions and payment providers. Nevertheless, Ripple (XRP) has faced regulatory disputes, particularly regarding its classification as a security in certain jurisdictions. Analysts expect a decline or correction once Ripple (XRP) reaches the $0.6 price point.
The Advertising Industry Backs DeeStream (DST) as it Shows 20x Promise
DeeStream (DST) presents an innovative approach to global streaming, enhancing traditional streaming platforms by integrating blockchain technology. A prominent Ripple (XRP) analyst has described DeeStream (DST) as a web3 live-streaming platform that prioritizes token holders and users over its centralized competitors like Twitch and Kick. This enables fans to watch and engage with their favorite content creators from around the world with just a click after a simple sign-up process.
The presale price of DeeStream (DST) is set at $0.04 per token, offering bullish profit potential as its fully decentralized model grants presale token holders governance credits towards DeeStream (DST)’s development. With a total supply of 300 million DSTs and permanently locked liquidity, DeeStream (DST) is positioned to generate significant returns in the long term.
The DeeStream (DST) project has successfully completed all preliminary audits and has taken measures to instill investor confidence. We view this as an excellent opportunity to invest in a future blue-chip stock at an attractive offering.