Altcoins are drawing a lot of attention from investors following the recent boom in the crypto market. It is times like this, when the bull run hits, that makes crypto worth it. Popular and established coins like Shiba Inu (SHIB) and even newly launched projects like Frog Wif Hat (FWIF) call for attention to their market activities.
Yet, it is DeeStream that seems to be drawing many whales to buy into the project. It would appear investors favor utility over meme culture as DeeStream (DST) emerges as a preferred option to Shiba Inu (SHIB) and Frog Wif Hat (FWIF). Here is why.
Shiba Inu (SHIB) enters into the top 10
Shiba Inu (SHIB) is one of the most popular meme coins in the cryptocurrency industry. With a market cap of $18.2 billion, Shiba Inu is one of the top 10 cryptocurrencies by market capitalization, according to CoinMarketCap, displacing Avalanche (AVAX) at number ten position. Shiba Inu has been a major delight to its holders in recent times, having risen by 250% in the past month.
Shiba Inu (SHIB) will be looking to ride this wave to greater heights and possibly rise above Dogecoin (DOGE).
The new meme coin – Frog Wif Hat (FWIF)
Frog Wif Hat (FWIF) is a novel meme coin capturing attention. Built on the blockchain, Frog Wif Hat (FWIF), launched this year, is a cryptocurrency without any utility, hoping to ride on the ongoing bull run to make a profit.
Frog Wif Hat (FWIF) can be traded on both Ethereum (ETH) and Solana (SOL) blockchains, and experts are hopeful it can reach a market cap of 180 million by the end of the year.
DeeStream (DST) is more than the hype
Tackling real-life problems and developing solutions is at the core of DST. It is not just another cryptocurrency project with a lot of noise but one that will surely disrupt the entire video streaming experience.
DeeStream, unlike centralized streaming platforms like YouTube, is built on the blockchain, meaning it is fully decentralized, enabling it to offer content creators the best experience without limitations.
On the DeeStream (DST) platform, content creators are free to speak. There are no restrictions to their freedom of expression, which means they can be as creative as possible. Unlike centralized platforms that throw out bans on users for expressing an opinion, DeeStream will never ban users who simply express themselves.
DeeStream also offers very low transaction fees, possibly the lowest in the industry. It means content creators can afford to pay these fees and still make good profits from the platform. Also, deposits and withdrawals are instant.
These utilities and many more on the platform are certain to push the influx of the consumer population into DeeStream (DST). A token of DeeStream (DST) is selling at just $0.04, and analysts predict that its value will rise exponentially by the time it is fully launched.
Find out more about the DeeStream (DST) presale by visiting the website here.
Disclaimer: Any information written in this press release or sponsored post does not constitute investment advice. Themarketperiodical and all its authors do not, and will not endorse any information on any company or individual on this page. Readers are encouraged to make their own research and make any actions based on their own findings and not from any content written in this press release or sponsored post. Themarketperiodical.com is and will not be responsible for any damage or loss caused directly or indirectly by the use of any content, product, or service mentioned in this press release or sponsored post.