Crypto investors are scouring the market to find the best investments of 2024. While Solana (SOL) recovers from the $4 million crypto hack and Optimism (OP) drops in value, a new kid on the block is tipped as a potential goldmine.
DeeStream (DST) has hit the ground running, its crypto presale launching with tokens priced at just $0.035 in stage 1. Here’s why it’s making waves with experts
DeeStream (DST) presale full of potential
Human viewing habits continue to shift away from traditional TV and film, with 23% of global viewing time now spent on live streaming. However, the industry is heavily regulated, with creators often waiting for eons to receive payouts.
DeeStream (DST) has launched the world’s first decentralized streaming platform to resolve many of these issues, thanks to the power of blockchain technology. DeeStream (DST) aims to create an environment for content creators to connect with fans while instantly monetizing their content.
DeeStream (DST) allows anyone to sign up and begin sharing content quickly or watch their favorite streamers and contribute gifts and subscriptions. DeeStream (DST) offers users instant payouts, making it extremely attractive to creators and investors.
Its newly-launched presale is attracting investors and venture capitalists and is available at just $0.035.
Solana (SOL) feels the heat in early 2024
Solana (SOL) investors have been on a roller coaster ride ever since the FTX collapse in Q4 2022, putting it under intense pressure. After ending 2023 on a bullish note, more than 1400% up at $125 on Christmas Day against the previous year, Solana (SOL) lost momentum in early 2024.
Trading at $97.16 at the time of writing, over 22% lower than its festive peak, Solana (SOL) has hit significant resistance during the new year.
Although it recently completed a token upgrade, Solana (SOL) has seen its TVL and dApp volume dip, illustrating much-reduced user activity on the platform.
Optimism (OP) opens 2024 with bearish sentiment
Launched in 2022, Optimism (OP) is a layer-2 Ethereum-based scalable blockchain solution. Optimism (OP) uses optimistic rollups to increase efficiency when completing transactions.
After solid growth in 2023, reaching a market cap of nearly $3 billion, Optimism (OP) opened 2024 in superb fashion, hitting the $4.22 mark in mid-January. However, since then, Optimism (OP) has dipped by more than 25% to its current level of $3.04, more than 17% down over the past month, reflecting the continued bearish sentiment afflicting the token.
Conclusion
Despite early forecasts of a return to bull market conditions across the board, things have been tough for some notable players in the blockchain sector in the early weeks of 2024. Solana (SOL) and Optimism (OP) are two of those to feel the heat. Meanwhile, DeeStream (DST) is capturing the imagination of crypto investors with its unique new decentralized sharing platform and exciting ICO.
Find out more about the DeeStream (DST) presale at their official website.
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.
