Another Headline, But Why is DeeStream’s (DST) Presale Stealing the Limelight as Huge Investment Comes in From Polygon (MATIC) & Polkadot (DOT) Holders

Altcoin News

February 06, 2024

Altcoin News

🚀 Stay Ahead with AltcoinDaily.co! 🌐

Despite being a new crypto, DeeStream (DST) is establishing itself as one of the biggest cryptos in the DeFi market. Its groundbreaking presale presents a unique opportunity for crypto investors to earn passive income by potentially increasing their portfolio value by up to 100x. The presale’s projected success has prompted Polygon (MATIC) and Polkadot (DOT) holders to invest in the burgeoning DigiToads ecosystem.

Keep reading to find out why DeeStream’s (DST) presale is stealing the limelight as huge investment comes in from Polygon (MATIC) & Polkadot (DOT) holders.

Polygon (MATIC) and Polkadot (DOT) Lose Investors Due to Price Fall

With the overall DeFi market experiencing a downturn, investors are becoming hesitant and have started selling off their assets, including Polygon (MATIC) and Polkadot (DOT). This increased selling pressure led to a rapid decline in the value of these two big-league cryptos.

🌟 Unlock Crypto Insights with AltcoinDaily.co! 💰

Polygon (MATIC) has been one of the best DeFi cryptos on the market since entering the crypto space. This Layer 2 network seeks to stimulate mass adoption of cryptocurrencies by resolving scalability problems on many blockchains. However, since December 2021, MATIC, the native token of the Polygon (MATIC) network, has been on a downward trend. The token’s price has consistently stayed beneath a trend line, and the Relative Strength Index (R.S.I.) on the weekly chart indicates a bearish territory. As a result of this predicted fall in value, Polygon (MATIC) whales are considering investing in other profitable cryptos like DeeStream (DST).

Polkadot (DOT) has also been on a descending trendline, limiting its upward potential. With the current state of the market, experts believe that Polkadot (DOT) might fall to $5.10 and subsequently $4.80. Shifting regulations, especially reports of the United States adopting a more stringent approach to crypto and its sluggish economic growth, have contributed to the Polkadot (DOT) network’s poor performance.

DeeStream (DST): The Crypto That is Taking the Streaming Industry by Storm

DeeStream (DST) is set to revolutionize the crypto world with web3 innovation as an online streaming platform. What sets it apart from rivals like Twitch, YouTube, or TikTok is its emphasis on direct payment options and the promotion of free speech.

🦂 AltcoinDaily.co is your trusted source for the latest in crypto news and insights. 🚀

Due to its decentralized governance model, DeeStream (DST) lowers fees for content creators. By doing this, the platform resonates with changing viewer preferences, as 44% of viewers favor live streaming instead of traditional television viewership. DeeStream (DST) aims to capitalize on the projected growth of the global live-streaming market, which may surpass $247 billion by 2027.

DeeStream’s (DST) official token, DST, is currently up for sale at $0.035 per token in the project’s ongoing presale. Investors holding the token can benefit from features like fee sharing, a swap service without commissions, and active participation in governance.

Crypto experts have predicted that DeeStream (DST) could top the crypto charts soon, especially since its presale is attracting investors of leading cryptos like Polygon (MATIC) and Polkadot (DOT).

Find out more about the DeeStream (DST) presale by visiting the website here