DeeStream (DST) has the potential to gain institutional investors as Solana (SOL) and Ripple (XRP) holders show interest

Altcoin News

January 30, 2024

Altcoin News

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Besides being popular blockchains, Solana (SOL) and Ripple (XRP) are tokens that many investors either hold or look to buy into in the near future. Their usefulness goes beyond building projects on their networks to be profitable investments. But how have they fared recently and what could be ahead for them?

We answer these questions in the following paragraphs. Our analysis gives readers insight into market trends and news relevant to these two tokens. Finally, we uncover DeeStream (DST), an alternative option that holders of Solana (SOL) and Ripple (XRP) are interested in.

How high could Solana (SOL) rally?

The outlook for Solana (SOL) over January 2024 is quite positive. Solana (SOL) opened the month around $100 and saw both highs and lows as it unfolded. Although it spent much of the month well under $100, Solana (SOL) has grown significantly as the month nears its end, rising towards $105 at press time.

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Analysts remain optimistic that Solana (SOL) will continue to rise, and could reach $110 before momentum decreases significantly.

Neutral signs as Ripple (XRP) closes the month

January hasn’t been the kindest to Ripple (XRP) holders, with the token opening at $0.6122 and dropping for most of the month. Ripple (XRP) made attempts to recover from its most recent fall but can’t seem to drag itself above $0.54. So far, Ripple (XRP) is exhibiting neutral signs and looks to stay between $0.52 and $0.54 for the time being.

More Investors buy DeeStream (DST) presale

While it doesn’t have the popularity that coins like Solana (SOL) and Ripple (XRP) have developed over time, newcomer DeeStream (DST) is challenging them for value and potential. But that’s not all. It is also challenging the global content-sharing industry through groundbreaking decentralized technologies.

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For people who love live streams, DeeStream (DST) is the perfect alternative to platforms like Twitch, Youtube, Instagram Live and Kick. Aside from having fewer regulations around content, its fees are much cheaper than all in the centralized industry. It will also be more transparent and accessible to users worldwide.

Unlike other platforms, the mode of payment in DeeStream (DST) is with cryptos. This allows for lower fees and instant processing times. Transactions on other platforms sometimes take days.

A unit of DeeStream (DST) in the current stage 1 of presale costs $0.035, so investors can get this token with promising value at a low price. This looks like an even better decision when you consider that DeeStream (DST) distributes monies to presale investors based on their holdings.

There might be some positives within investments like Solana (SOL) and Ripple (XRP) but DeeStream (DST) looks to overtake them in ROI in a short period of time.

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