Investing in low-cap or presale investment opportunities offer a bigger return on investment than buying into big-cap or medium-cap tokens like Bitcoin Cash (BCH) and Algorand (ALGO), which sport billion-dollar market caps. One of those presale opportunities is DeeStream (DST), which market analysts believe could easily outperform Algorand (ALGO) and Bitcoin Cash (BCH) in 2024. Learn why astute observers are taking up early positions in DeeStream with the launch of its presale.
Bitcoin Cash (BCH) Gains 2.3% in the Past 24 Hours
Bitcoin Cash (BCH) has distinguished itself from its older counterpart Bitcoin by being an ideal decentralized P2P electronic cash system. With its larger block size, Bitcoin Cash (BCH) can support a wider array of transactions. Despite the fear, uncertainty, and doubt prevailing over the past couple of weeks, Bitcoin Cash (BCH) has managed to turn around its slide from $234 to $240 as at the time of this writing, recording a 2.3% gain within the past 24 hours.
Algorand (ALGO) CEO’s X/Twitter Account Gets Hacked
Algorand Foundation CEO Staci Warden’s Twitter account was hacked. The threat actor rattled off a series of inflammatory and satirical tweets designed to throw shade on Algorand (ALGO) and CEO Staci Warden. However, based on CoinGecko data, Algorand (ALGO) prices were unaffected. In fact, ALGO prices rose by 2.5% from $0.162 to $0.166 in the past trading session.
Web3 Streaming Platform DeeStream (DST) Launches Stage 1 of its Presale
DeeStream (DST) is building the first Web3 content streaming platform built entirely on the blockchain, and its presale has drawn attention from a growing number of market analysts. The platform will grant streamers and content creators the ability to unlock greater engagement, generate revenue streams, and perform instant deposits and withdrawals. Moreover, DeeStream will provide them an uncensorable platform from whence to broadcast a variety of content types. It’s everything YouTube live and Twitch isn’t, and it’s on pace to carve out a major role in the $250 billion global live streaming industry. Market analysts believe this could result in massive price gains in 2024.
DeeStream (DST) is offering its DST native token at an introductory price of $0.035 during stage one of its six-stage presale. With the bull market raring to go after the Bitcoin halving, it’s easy to see why analysts predict DeeStream token prices can increase by up to 50x, or around the $2 mark by the end of the year. With presale token prices set to increase every succeeding stage, early DST investors could be sitting on profits even before the token launches on exchanges.
With DeeStream (DST) looking likely to draw the world’s top streamers and content creators, DST is on an upward trajectory with a limitless price ceiling. That alone makes it a better investment in 2024 than Bitcoin Cash (BCH) or Algorand (ALGO), whose prospects are severely hamstrung by their large market caps.