Ethereum (ETH) and Avalanche (AVAX) are enjoying good progress in the market, hitting up to 20% gains in the past week, and with that comes growing confidence in the new streaming coin, DeeStream (DST), despite being in its presale stage. DeeStream (DST) has gathered much interest from market investors as many are beginning to realize its massive growth potential. DeeStream (DST) looks like one to rise to the very top of the charts, and we look at why this coin is attracting investors in large numbers.
The second-largest cryptocurrency, Ethereum (ETH), could break its next significant resistance level
Ethereum (ETH) is on the rise. The coin holds its number 2 position by value and market capitalization. Ethereum (ETH) has seen an increase of over 11.80% over the last month and up to 13.17% more than the previous week. With its current price of $2,840 analysts hope Ethereum (ETH) can break the $3,000 resistance level.
We expect that as anticipation for ETF grows, the Ethereum (ETH) price will continue to rise.
Avalanche (AVAX) hit more than 20% gains last week
Avalanche has done over 21.71% better than in the previous week. It is currently trading at $43.42, which, compared to the last month, is more than 18.85% better. Though Avalanche (AVAX) failed to break through the $44 resistance the previous week, analysts are predicting a rise to above $45 before the end of the month.
Why is DeeStream (DST) attracting investors?
DeeStream (DST) is on a mission to transform the video streaming industry with the power of blockchain technology by closing critical gaps and solving the existing problems of centralized video streaming platforms.
By integrating blockchain, DeeStream (DST) is the world’s first decentralized video-streaming platform, a secure platform that ensures transparency, fairness, and better monetization opportunities for content creators.
The novel and innovative approach to video streaming seems to have caught the eyes of investors who see this as an opportunity to be a part of a game-changing move in the industry and make good returns, up to 50x on their investment before the end of the year. Analysts are making these bold predictions for DeeStream (DST) because it has a first-mover advantage in a rapidly growing market. Analysts predict the video streaming industry will be worth over $247 billion by 2027. With more people opting for live-streaming platforms over traditional TV, DeeStream (DST) is at the center of a thriving market with tremendous potential for growth.
While Ethereum (ETH) and Avalanche (AVAX) have seen significant growth in recent times, DeeStream (DST) presents an opportunity for more substantial profit margins. With a token of DeeStream (DST) selling for just $0.035, it also presents a cheaper alternative to Ethereum (ETH) and Avalanche (AVAX). DeeStream (DST) is still only in its first presale stage, meaning now is the best time to get a DeeStream (DST) token.
Find out more about the DeeStream (DST) presale by visiting the website here
Disclaimer: The information presented in this article is part of a sponsored/press release/paid content, intended solely for promotional purposes. Readers are advised to exercise caution and conduct their own research before taking any action related to the content on this page or the company. Coin Edition is not responsible for any losses or damages incurred as a result of or in connection with the utilization of content, products, or services mentioned.
Source: https://coinedition.com/confidence-rises-in-deestream-dst-as-ethereum-eth-avalanche-avax-hit-20-gains-in-the-past-week/