Dogecoin (DOGE) and Shiba Inu (SHIB) were among the undisputed biggest gainers in the past Bitcoin halving and bull cycle in 2020 and 2021. But fast forward to February 2024, and the general public appears to have lost their interest in these dog-themed meme coins. The narrative now favors projects with a legitimate value proposition, and one crypto in its presale phase looks to outpace them in terms of gains this year. Investors are queuing up for the DeeStream (DST) presale, whose stage 1 launch is fast approaching a sellout entering February.
Dogecoin (DOGE) Social Volume Dwindles in February
Dogecoin (DOGE) has largely failed to keep up the pace with other altcoins even as the total crypto market cap’s 3.95% increase in the past 24 hours. Dogecoin (DOGE) is still trading around $0.08 on a $11.66 billion total market capitalization which seriously raises doubts about its pumpability and visibility on social media. Social volume and price performance both need to be high in order for a cryptocurrency to pump. Dogecoin (DOGE) mentions on social media are beginning to dwindle, indicating Dogecoin’s (DOGE) diminishing influence and interest.
Shiba Inu (SHIB) Prices Remain Stagnant
Shiba Inu (SHIB) gained popularity in 2021 after it turned in an astronomical gain during the last bull cycle. Shiba Inu (SHIB), like Dogecoin (DOGE), heavily relies on hype and community efforts to market the token. But in spite of the fact that Shiba Inu (SHIB) has grown its ecosystem, its prices haven’t exactly pumped. Currently, Shiba Inu (SHIB) trades at $0.00000946 as of this writing.
DeeStream (DST) Presale Continues to Build Following
Ditch the meme coins and dog coins in 2024. This year, the narrative is circling around the projects with innovative real-world utility—and DeeStream (DST) has emerged as a top contender among the best presale investment opportunities of the year.
DeeStream (DST) solves an ages-old problem in the multibillion-dollar global streaming industry: centralization. Centralization is the root cause of all the drawbacks that streaming platforms like YouTube, Twitch, Kick, and TikTok possess. Centralization severely limits the income-generating potential of content creators and puts them at a disadvantage over the intermediaries that host their content. Worse, the leading streaming platforms have been criticized for their rent-seeking behavior, giving content creators and users a raw deal. DeeStream (DST) offers a fairer, more equitable proportion of revenue sharing using the many ways content creators can utilize its native DST token to create alternative income streams.
DeeStream (DST) has ticked all the boxes of a fair and safe launch by getting its smart contracts audited, team token allocations locked for 1,000 days, and implementing a lifetime liquidity lock to ensure the platform’s success. Market observers forecast the platform’s DST token to trade around the $1.75 range by the end of the year, representing a 50x from its launch prices of $0.035. Act now and be in line for major gains by joining the DeeStream (DST) presale today.
Find out more about the DeeStream (DST) presale by visiting the website here
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Source: https://cryptodaily.co.uk/2024/02/early-dogecoin-doge-investor-makes-huge-statement-that-deestream-dst-platform-will-outperform-shiba-inu-shib-by-end-of-the-year