Avalanche investors are diversifying their bags into projects with a high possibility of bringing massive gains ahead of the next bull run. On the other hand, Ethereum holders are banking on the United States Securities and Exchange Commission approving the first spot Ethereum ETF approvals in May. However, market analysts believe the crypto is not Solana (SOL) or Ripple (XRP) that will deliver big gains in 2024—it’s decentralized live streaming protocol DeeStream (DST) that will.
Avalanche (AVAX) Surges in the Past 24 Hours
The distributed software platform Avalanche (AVAX) currently trades at $36.18 and has a 24-hour trading volume of $701 million. Avalanche has made a notable splash in the crypto scene this week, surging 12.1% and solidifying its place among the leading Layer-1 blockchains. Its innovative approach and perceived growth potential have attracted significant investor attention, fueling anticipation of further upward movement for Avalanche (AVAX). This recent rally reflects growing confidence in Avalanche’s capabilities, which is banking on its partnerships with TradFi institutions like JPMorgan, Citi, and Fidelity, among others.
Ethereum (ETH) Breaks Past $2,300 to Begin February
Ethereum recently regained $2,300 on February 1st, falling from January highs of $2,698. Ethereum recorded a 24-hour trading volume of $7.26 billion. The past week brought a marginal 1.8% increase, which could signal an upcoming upward trend for ETH prices in February. Market analysts believe Ethereum could pump ahead of the spot Ethereum ETF applications to be approved by the United States SEC in May, just as Bitcoin did when its first spot ETFs did in January. Banking giant Standard Chartered PLC expects ETH to hit $4,000 in May, presenting a potential buying opportunity.
DeeStream (DST) Presale Picks Up Steam with 2,500+ Holders In
DeeStream (DST) is a newly-launched Web3 live streaming protocol looking to transform the $160+ billion industry from the bottom up with its game-changing decentralized platform. DST is putting up its native DST token at a major discount of $0.035 during stage 1 of its presale. With the early traction DeeStream has gained thus far, top crypto analysts believe DST could trade around the $1.70 mark in a bull market scenario, which is likely to happen in 2024. That’s a whopping 50x waiting in the weeds for early DeeStream presale investors—something that not even Ethereum (ETH) or Avalanche (AVAX) will be able to manage within the same timeframe.
DeeStream (DST) is boldly going where no decentralized video streaming protocol has before by challenging industry heavyweights like Twitch, Kick, TikTok, and YouTube Live. DST could be one of the top performers by leveraging its first-mover status in a lucrative niche. DeeStream (DST) could be set for a MAJOR price increase in 2024—and it might never touch its presale prices once it launches on major exchanges all over the world.
Best of all, the six-stage presale will feature progressive token price increases in every stage, putting early investors in greater profit the earlier they join. That’s not to mention the fact that early DeeStream (DST) investors will be eligible for a revenue share that will reward them the more DST tokens they hold.
Find out more about the DeeStream (DST) presale by visiting the website here
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