Ethereum (ETH) and Cardano (ADA) are firmly among the big-cap heavyweights of crypto, but they haven’t exactly come anywhere close to the exaggerated projections some overly bullish speculators are shilling. On the contrary, if you’re looking for substantial gains, you’ll have to hunt for undervalued low-cap gems with the potential to hit the mythical 20x to 50x in the upcoming bull run. One of those opportunities is DeeStream (DST). Here’s why market analysts believe DeeStream (DST) could outperform Ethereum (ETH) and Cardano (ADA) in price action in 2024.
Cardano (ADA) Turning in a Lackluster Performance in February
Cardano (ADA) has been criticized for its slow growth—if not its inability of living up to its own hype. Although the market chart is showing positive growth, Cardano (ADA) hasn’t exactly set the world alight, growing at a slower pace than other altcoins. Cardano (ADA) prices have increased by 8% in the past week, currently trading at $0.53 as of this writing, but remain a long way from retesting its December 2023 peak of $0.69. The trading volume of the company has not yielded any positive results, indicating a decline in market activities and a pessimistic outlook for the future.
Ethereum (ETH) Range-Bound Between $2,500 and $2,750
Ethereum (ETH) has witnessed a significant surge in its weekly price as of the second week of February, oscillating between $2,306 and $2,510. Currently, Ethereum (ETH) trades at $2,746, staying within its recent ranges. Despite the 9% increase in the past 7 days, technical analysis indicates a bearish perspective for Ethereum (ETH). Analysts anticipate a localized decline in the price of Ethereum (ETH) within the region of $2,400 to $2,450.
DeeStream (DST) Presale Offers Tremendous Value
For the longest time, content creators have held the short end of the stick when they broadcast and distribute their content on centralized platforms like YouTube, Twitch, and Kick. Worse, these platforms take an inordinate share of the profits that creators make with their rent-seeking behavior.
DeeStream (DST) changes all that by launching the premier decentralized live streaming platform. DeeStream (DST) supports content creators by providing a censorship-proof platform immune from arbitrary deplatforming. It also provides content creators unlimited freedom to pursue monetization and income generation options through its native token DST.
Entering the second week of February, its presale has already drawn over 3,800+ new registrants and counting—including a growing number of gamers and streamers. This demand foreshadows what could be parabolic run in the cards for its DST token in 2024. At prices of just $0.035, analysts believe DeeStream (DST) offers tremendous value considering it could easily turn in a 25x to 50x gain at the height of the next bull run, or around the $1 to $1.50 range. Don’t miss out on a potential blue chip in a lucrative niche—register for the DeeStream (DST) presale today.
Find out more about the DeeStream (DST) presale by visiting the website here
Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
Source: https://cryptodaily.co.uk/2024/02/deestream-dst-presale-excites-gamers-as-cutting-edge-platform-sees-more-investment-from-ethereum-eth-cardano-ada-holders