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Why Binance Coin & DeeStream (DST) are Hot Assets While Cardano Underperforms

Binance Coin (BNB) has been a paragon of resilience in the face of regulatory pressure, while Cardano (ADA) has largely underperformed in terms of price appreciation over its lifetime. BNB has delivered eye-watering gains since its launch in 2017 dwarfing ADA’s gains over the same time frame. Fast forward to 2024, and a new presale sensation is being tipped by market analysts to outperform Binance Coin (BNB) and Cardano (ADA) this year. It’s set to disrupt the $247 billion global live-streaming market and take on all comers in the sector, including Twitch, Kick, and YouTube. 

It’s called DeeStream (DST), and its presale has drawn a crowd of over 1,000 registrants within a span of two weeks. Here’s why DeeStream (DST) is fast becoming one of the year’s best investment opportunities.

Cardano (ADA) Takes a Nosedive

Cardano (ADA) took a nosedive in the past 24 hours, with its ADA token experiencing a -5.2% loss as it traded at $0.4955 as of this writing. Cardano (ADA) has underperformed mightily since reaching December 2023 highs of $0.677, which is in line with its relatively underwhelming growth compared to other tokens that came out in 2017. While a rise from $0.02 in 2017 to $0.4955 isn’t anything to sneeze at, it pales in comparison to Binance Coin (BNB).

BNB (BNB) Holding Up Against Regulatory Headwinds

BNB has weathered the cryptocurrency market downturn with remarkable resilience, losing only 60% of its value since 2021’s bull run peak, contrasting sharply with other altcoins that have plummeted over 90% from their all-time highs. The resolute performance is attributed to BNB’s token burn strategy, which has permanently removed over 1.95 million BNB tokens worth more than $500 million from circulation.

DeeStream (DST) Presale is Quickly Rising to Prominence

The DeeStream presale launch is fast becoming the talk of the crypto town with the launch of its Web3 live streaming platform linking up content creators and their audiences with a novel fully decentralized streaming model. 

The DeeStream platform offers a diverse range of monetization options for content creators, including gifted subs, Dee gifts, and packages. Presale investors will also share in platform revenue based on their DST token holdings. Unlike conventional streaming platforms, DeeStream (DST) facilitates instant deposits and withdrawals, eliminating unnecessary delays and empowering creators to access their earnings any time they wish.

DeeStream (DST) revolutionizes the live-streaming industry with its innovative token economy. Its native token, DST, serves as the backbone of the platform, providing presale holders with a revenue share, a commission-free swap service, and a rewards program that incentivizes engagement and achievement.

DST has covered all the bases to guarantee a fair and safe launch. The protocol will implement a lifetime liquidity lock, and a team token lock will be implemented for 1,000 days to discourage team members from dumping their allocations. Lastly, all DeeStream (DST) smart contracts have passed stringent audits to minimize risk. All in all, it’s easy to see why market analysts believe DeeStream (DST) is on the way to becoming one of the best presales of the year.

Find out more about the Pushd presale at their official website.

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Categories: Press Release
Pratik Chadhokar: Pratik Chadhokar is an Indian Forex, Cryptocurrencies and Financial Market Advisor and analyst with a background in IT and Financial market Strategist. He specialises in market strategies and technical analysis and possesses strong technical analytical skills. He is well known for his entertaining and informative analysis of the Financial markets.