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Breaking News: Bitcoin Price To Recover $100,000: BTIG Cites Key Reasons For Optimism

Hedera (HBAR) & Ethereum (ETH) investors join presale in DeeStream (DST) as bullrun continues

NewsBTC
NewsBTC
Last Updated: February 27, 2024 6:34 pm
2 mins read

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The project on many minds right now is DeeStream (DST). This emerging decentralized project and crypto is making waves in the crypto space and elsewhere in its presale phase. Experts say it is set for an impressive bull run in a short time and investors say it could be the best new coin.

However, just how good is DeeStream (DST) and what returns could be possible? First, we give an overview of Hedera (HBAR) and Ethereum (ETH) which have seen a few changes. We also find out if DeeStream (DST) could be a good option for them.

Hedera (HBAR) holders could do better with DeeStream (DST)

Although it has achieved a market cap of up to 3 billion dollars, Hedera (HBAR) is starting to struggle in various recent charts. It had been predicted to reach $0.2 by the middle of the year but may fail to achieve that with recent performances. Hedera (HBAR) trades at $0.1068 per unit, at the time of writing.

It is some 43% better than it started the month but experts say such returns may be unlikely in March. Hedera (HBAR) gains by 3% from 7 days ago but shows a decline from intra-week highs of $0.1186. With some uncertainty around Hedera (HBAR), promising tokens like DeeStream (DST) could be better options.

Ethereum (ETH) shines

Ethereum (ETH) on the other hand, does much better this week. The massive layer-1 blockchain reclaimed the $3000 position and pushed on higher. Ethereum (ETH) is valued at $3,120.75 per unit.

This is a huge 37% increase from Ethereum’s (ETH) already impressive end to January. Ethereum (ETH) has also gained by 7% from 7 days ago. Yet, Ethereum (ETH) holders could benefit from bonuses that DeeStream (DST) offers in the long and short term.

Why investors have joined DeeStream (DST)

Various reasons are behind this, but they revolve around DeeStream (DST) being an incredibly attractive asset. Investors judge projects by their ability to provide returns and how likely these are. Right now, DeeStream (DST) scores highly in both metrics.

DeeStream (DST) is a decentralized streaming platform. This means it is similar to platforms like Twitch and Kick where users create an account and connect through live streams. However, it incorporates aspects of blockchain technology in management and operation.

For example, transactions on DeeStream (DST) will be transparent, open and immutable. Everything will be done on a blockchain. This level of openness is impossible with conventional streaming platforms. There are also changes to payments, rewards systems and revenue-sharing.

Investors credit its utility but are more impressed by DeeStream’s (DST) returns. It costs $0.04 in presale but could bring back over 30x on investments. Investors in the presale can also get bonuses like passive income from transaction fees.

DeeStream (DST) has immense benefits for engaging with the project. Investors who step in now could see huge profits, especially after its launch. Many Hedera (HBAR) and Ethereum (ETH) investors have already joined the project which is set to revolutionize streaming.

Find out more about the DeeStream (DST) presale by visiting the website here.

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Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

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