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Breaking News: Raydium DEX's AMM Program Exploited For $1.34 Million — Here's What Went Wrong
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Breaking News: Raydium DEX's AMM Program Exploited For $1.34 Million — Here's What Went Wrong

Uniswap (UNI) Polygon (MATIC) and Tron (TRX) investors rush to buy into the new DeeStream (DST) presale

NewsBTC
NewsBTC
Last Updated: January 29, 2024 7:17 am
2 mins read

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Uniswap (UNI), Polygon (MATIC), and Tron (TRX) are popular tokens that feature on many lists of the best assets. Uniswap (UNI) is an AMM and decentralized crypto exchange based on Ethereum (ETH), Polygon (MATIC) is a layer-2 solution for developing interoperable blockchains, and Tron (TRX) is a network protocol for rewarding content creators. All of these tokens have fairly large market caps, at $3 billion, $7 billion, and $10 billion respectively.

Despite the relative popularity and some returns with these tokens, many holders are looking for fresh opportunities to invest. For many, their search has led to DeeStream (DST). This article explains why.

Long-term analysis does not favour Uniswap (UNI)

The token that powers one of the biggest crypto exchanges, Uniswap (UNI), has seen an overall decrease in its value in the last month. 30 days before this, Uniswap (UNI) was over $7 and pushing to break through $8. A month later, multiple flash crashes and a decent recovery later and Uniswap (UNI) is valued at $5.92 as of writing.

Its current trajectory suggests Uniswap (UNI) may still not reach $6 and struggle to maintain the position even if it reaches.

A change in signs for Polygon (MATIC)

Polygon (MATIC) has looked bearish for much of the year, only surmounting this for a few, brief periods. While Polygon (MATIC) was worth around $1 at the start of the year, these declines have seen it fall to as low as $0.7054 some days ago. However, things seem to be changing for Polygon (MATIC),  with the token seeing steady growth over the past three days.

Its current value sits at $0.7638, and although it is a long way from where it started the year, Polygon (MATIC) is once again doing well.

Tron (TRX) to set a new price high for 2024?

Beginning the year at $0.1079, Tron (TRX) has grown by some measure, currently up to $0.1149. Its highest point so far this year was $0.1172 on the 14th of January but Tron (TRX) looks to be chasing after that once again. This time, analysts look at its steady growth over the past few days and expect it to maintain its position.

Investors dive into DeeStream (DST)

DeeStream (DST) is a decentralized live streaming website where streamers and their viewers can connect. It reforms live streaming to make it less regulated, more transparent and faster for users. Beyond this, it is seen as a great choice for investing because of its high potential and low price.

The asset costs $0.035 in its presale. Aside from governance rights, allowing investors to recommend and confirm changes on DeeStream (DST), presale investors will be the recipients of part of the monies paid on the website. The potential within DeeStream (DST) is also great, expected to see an exponential increase.

DeeStream (DST) presents a package that is the best thing for users and even better for investors.

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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