In the dynamic realm of cryptocurrency, there is a growing sense of anticipation as both well-established and up-and-coming participants make significant strides in the market. Solana (SOL) holders are experiencing an impressive surge in the token’s price, with experts foreseeing more significant achievements in the near future. On the other hand, underperforming altcoins like Polkadot (DOT) have shown some signs of life after Bitcoin (BTC) led the market rally by branching past the $51,000.
Amid the bullish excitement, DeeStream (DST) has stood out as a can’t-miss opportunity, drawing serious attention from crypto investors—particularly those invested in Solana (SOL) and Polkadot (DOT).
Solana (SOL) Surges During the Second Week of February
Solana (SOL) prices rose by a factor of 21.4% from $95.70 during the height of the outage debacle last week to $116 as of this writing. Analysts observed Solana’s (SOL) strong performance, citing a breakthrough from support and putting $130 as the next target and resistance. Investors should be cautious and evaluate the chances of a regression notwithstanding Solana’s (SOL) positive price trend.
Polkadot (DOT) Breaks Past Resistance at $7
Polkadot (DOT) investors are among the early adopters taking out early positions in DeeStream (DST) given the fact that Polkadot (DOT) had been underperforming to start the year. However, the tides might be turning for Polkadot (DOT) after breaking past resistance at $7, trading at $7.55 as of February 14th. Polkadot (DOT) managed to turn in a 10% increase in the past week off the heels of the Bitcoin (BTC) rally.
DeeStream (DST) Draws Capital Inflows from SOL and DOT Holders
Presales have proven to be a lucrative venture for intrepid crypto investors, and many a fortune has been minted by buying into ICOs. Besides that, early adopters can take advantage of presale incentives and sell their early oldings at a higher price during bull markets.
That’s exactly what DeeStream (DST) has to offer early investors—a growing number of which include Solana (SOL) and Polkadot (DOT) holders. With the video streaming industry set to grow to a hundred billion-dollar industry in 2024, DeeStream (DST) is on the inside track to generate outsized ROIs with the launch of its presale.
DeeStream (DST) utilizes blockchain technology to address the challenges encountered by content creators and users on platforms such as YouTube, Kick, Twitch, and TikTok. This includes issues like censorship, one-sided policies favoring said platforms, and unfair rent-seeking practices. By doing so, DeeStream (DST) provides a platform that is fairer, more profitable, and decentralized for content creators and users. With the platform’s native DST token, content creators can tap into the various income streams offered by cryptocurrency and even generate passive income by holding DeeStream tokens.
Market analysts are bullish on DeeStream’s prospects of turning in at least a 25x gain in 2024, predicting DST to trade around $1.40 from its launch prices of $0.035. Solana (SOL) and Polkadot (DOT) are unlikely to reproduce those performances given their market capitalizations, making the DeeStream (DST) presale a can’t-miss opportunity in 2024.