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A new project has everybody talking, but how good is it? What does it offer to users and how would investors in the project gain from it? And with options like Cardano (ADA) and Solana (SOL) on the market, should investors really be looking in its direction?
Our analysis looks at Cardano (ADA) and Solana (SOL) to determine their performance and viability in the near future. We examine data on and off charts to deliver a clear picture of their current state and any changes that may be coming. We also consider this new project, DeeStream (DST), to answer all the questions posed earlier.
Cardano (ADA) In Good Position Despite Charts
Cardano (ADA) appears to be seeing a fall according to some charts but analysts say there is nothing to worry about. At press time, Cardano (ADA) trades at $0.4903, down from prices earlier in the day. It did start the day at $0.4874 per Cardano (ADA), so this is an improvement regardless.
An end to Solana’s (SOL) Rise?
After recovering from the market hit, Solana (SOL) was chasing prices it had hit comfortably at the start of the year. Rising from as low as around $80, Solana (SOL) set at matching and breaking past price points met previously. However, after a period of sustained upticks, Solana (SOL) now appears to be going downwards, soon after hitting $98. Analysts believe Solana (SOL) could see some difficulty getting to and staying at $100.
Analysts Say DeeStream (DST) Over Cardano (ADA) And Solana (SOL)
There is general confidence in DeeStream (DST) because of its unique offerings and contributions it is believed to be bringing to the market. These extend beyond cosmetic changes to actually improving the way live streaming works for streamers and their fans. DeeStream (DST) aims to modify the foundations of live streaming through blockchain technology.
DeeStream (DST) will change how streamers earn from their streams. Users will be able to pay using various cryptos on the platform. A free swap service will also be provided on DeeStream (DST) for users who need to exchange their tokens.
Rewards in the form of crypto will also be provided for users who engage with DeeStream (DST) and complete tasks. On DeeStream (DST), there will be less content regulation, so users can make and view the type of content they want without restrictions. The platform will also have more transparency than other streaming services.
Investors will be getting a lot from DeeStream (DST). Not only is the coin predicted to ascend quickly from its low $0.035 presale price after launch, but it also rewards investors for holding the token. Based on their holdings, early investors will get money from DeeStream’s (DST) transaction fees.
Investing in Cardano (ADA) and Solana (SOL) could yield some returns, but the outstanding rewards are to be found in DeeStream (DST). Its provisions for users and investors single it out as the superior prospect. Seasoned investors know to invest early, and are doing just that for DeeStream (DST).
