In all honesty, the market is starting to feel saturated. The successes of certain cryptos have inspired, if not pushed, many others to attempt to replicate these results. But this doesn’t always happen and contributes to the rising number of projects, even though many of them do nothing new and offer nothing but a token that fades out as quickly as it appeared on the scene.
To avoid problems like this, investors have to be more careful and skeptical about the investments they put their money into. The best way to filter through coins, new or old, is to find out enough about them from their websites, whitepaper, and reviews. In this article, we review Polkadot (DOT), Avalanche (AVAX), and a new option, DeeStream (DST).
Polkadot (DOT) Decline Continues
Positivity has been rare for Polkadot (DOT) investors as the token continues a downtrend. It has now declined by over 17.9% in the last 7 days. Polkadot is valued at $8.87 as of press time, much below par. After a sharp fall, it stabilized around the $9 position, which took it to around $8.7 per unit. It isn’t too bad now for Polkadot, but it could get much worse soon.
Avalanche (AVAX) Swings Up And Down
Avalanche (AVAX) performs more positively than most other tokens right now. However, the downside to investing in the token is that it has seen more fluctuations in the past week. Avalanche has sold for as low as $49 and as high as $64 in the past week. It assumes a position closer to the middle at $58.95 per unit as of press time. The advantage here is that short-term traders can exploit swings for quick profits.
DeeStream (DST) Seems Set For The Moon!
Among new projects, one option that is gathering steam is DeeStream (DST). The project joins the decentralized revolution in content sharing with a disruptive streaming model. DeeStream (DST) creates a streaming ecosystem that employs decentralized decision making and uses cryptos for day to day transactions. Besides the utility token of the same name, users can transact with several other tokens. DST also comes with a built-in swap service for exchanging tokens with no commission.
The distinctive features of DeeStream trigger admiration from much of the industry as it tackles many issues that have bothered live-streaming for a long time. Payments are made faster and attract lower fees. Streamers are paid fairly for their efforts and don’t have to fear bans and suspensions for things that are not illegal. It also has a reward system that gives crypto to users who fulfill its requirements.
The investment side of DST is equally attractive. Investors can buy the token now for $0.055 in its second presale stage and get up to 25X in returns shortly after launch. It is far better than many other projects and also more affordable. DeeStream is special because it offers huge potential based on real verifiable utility. With an impressive over 15,500 registered accounts already, DST is breaking into the market and taking no prisoners.
Find out more about the DeeStream (DST) presale by visiting the website here.
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