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Breaking News: Canary Capital's CEO Confirms Spot Hedera And Litecoin ETFs Will Begin Trading Tomorrow
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Breaking News: Canary Capital's CEO Confirms Spot Hedera And Litecoin ETFs Will Begin Trading Tomorrow

Litecoin (LTC) Holders Flock to Buy Deestream (DST) After Bitcoin (BTC) Whale Buys in Big & Everyday Traders Follow

NewsBTC
NewsBTC
1 year ago
2 mins read

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Let’s make no bones about it. Most altcoins are tied to the mast of Bitcoin (BTC) and how well it performs. Litecoin (LTC) is no different. However, Litecoin (LTC) has relatively underperformed compared to other altcoins, making presale cryptos an infinitely more enticing proposition. And this year, one crypto presale is making waves as it sets out to redefine the global live-streaming industry—giving it the potential to go on a 3,000% increase ahead of the next bull market. It’s called DeeStream (DST), and it’s among the most spoken-about presale investment opportunities of 2024.

Bitcoin (BTC) Holds Strong at $52,000

Bitcoin (BTC) remained static over the weekend. As of February 19th, Bitcoin (BTC) was trading at $52,314, holding the $52,000 range on relatively lower weekend trading volumes. The price action was consistent with a recent trend of low volatility over weekends following the issuance of spot Bitcoin (BTC) exchange-traded funds (ETFs) last January, which have altered the dynamics of Bitcoin (BTC) trading as institutional money plows into the sector.

Litecoin (LTC) Continues to Stagnate

Litecoin (LTC) prices have remained stagnant even as wallet addresses and transaction volume reach all-time highs. The price of Litecoin (LTC) has fluctuated over the last month, resulting in missed opportunities to capitalize on increased network usage. Currently trading at $70.29 as of February 19th, Litecoin (LTC) appears to be stuck in the mud even as other altcoins post double-digit gains. Diminishing social engagement and mentions on social media indicate decreasing interest in Litecoin (LTC) as crypto investors look elsewhere for substantial returns.

DeeStream (DST) on Pace for Exponential Growth in 2024

The global video streaming market is expected to grow into a $247 billion industry by 2027. And in the crypto world, only one decentralized video streaming protocol is expected to dominate the sector: DeeStream (DST).

DeeStream (DST) is revolutionizing the way video content is created, distributed, and shared. The first Web3 decentralized video protocol with a legitimate chance of adoption is bringing transparency, efficiency, and above all, new monetization and user engagement opportunities for content creators. Besides building the most efficient decentralized video streaming infrastructure as of 2024, DeeStream (DST) offers content creators a greater revenue share than other streaming platforms like TikTok or YouTube. Better still, holders of the platform’s native DST token will be in line to earn a healthy passive income from revenues generated by DeeStream (DST).

DeeStream (DST) is expected to draw scores of content creators migrating to its platform with all the benefits it offers. An exodus of the world’s top content creators and their audiences can easily drive serious demand for its native DST token. Industry observers believe DST could easily do a 20x from its launch prices of $0.035, making $0.70+ well within DeeStream’s targets. Those are gains that not even Litecoin (LTC) or Bitcoin (BTC) can reasonably hit within the next 12 months. Don’t miss out on an opportunity to be in the green way before the Bitcoin halving—find out more about the DeeStream (DST) presale below;

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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Reason to trust

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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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