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Investors considering established tokens this year should look at track record vs potential. A coin like Tron (TRX) was a brilliant idea, but ultimately, it was too nebulous to present a cohesive solution, leaving it to falter. The old-school chain of Litecoin (LTC) was once everyone’s favorite, but it lost a lot of ground over the years, leaving investors looking for better investment opportunities. Fortunately, the DeeStream (DST) presale is delivering investment opportunities for savvy investors.
Tron (TRX) – Web3 brainchild fails to deliver
Tron (TRX) identified a gap in the market but failed to build the infrastructure. Tron (TRX) correctly recognized an increasing demand for separation between content creator and platform and was designed as a token where users and creators could interact directly. It was music to many ears and Tron (TRX) saw quite a spike in 2021.
However, Tron (TRX) is a better idea than an implementation. While the token still has momentum, its lack of tangible solutions for content creators is seeing Tron (TRX) trading at 30% of its peak, and Tron (TRX) may fall prey to more agile competitors.
Litecoin (LTC) – Old school token loses the ground
In 2021, Litecoin (LTC) had a market cap of over $18 billion and it was a top-5 token. Now, it is languishing at number 20 and fast losing ground. Litecoin (LTC) is yesterday’s news, and this token has little new interest.
However, Litecoin (LTC) is defying all logic and expectations and has seen an uptick in investor sentiment in the last week, increasing its price. Two factors could be responsible for Litecoin’s resurgence. LTC is the proving ground for Bitcoin and Bitcoin’s halving could spark new interest in Litecoin (LTC). Secondly, Litecoin is the security layer for Dogecoin (DOGE), and interest in the meme coin could be responsible for the price surge.Â
DeeStream (DST) – filling in the streaming gaps
DeeStream (DST) is a new blockchain-based platform stepping in where Tron (TRX) failed. Tron (TRX) started as a ‘currency,’ but DST is a governance token for a fully-fledged decentralized streaming platform. It is taking the concept of decentralized streaming and giving it a tangible home to live in. Content creators can now directly monetize their products.
And because of its decentralized nature, DeeStream (DST) is immune to advertising pressure, corporate interference, or government meddling, all of which has seen many creators blackballed. DeeStream is the answer to creators’ prayers, and its first presale phase with tokens available at only $0.035 is an investment opportunity too good to miss out on.Â
Conclusion
It is always foolish to write off a coin as done and dusted, and this is crypto and surprises happen. However, investors should be cautious about investing in tokens like Tron (TRX) and Litecoin (LTC), especially if there are coins with massive growth potential like DeeStream (DST) available to invest in.
Find out more about the DeeStream presale at their official website.
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