In the bustling crypto market, many tokens are on display and vie for the interest of investors. Despite colorful displays on every side and a huge selection, investors seem to have few that are worth investing in. This typically comes down to how impressive the project is and what investors can get from it.
Filecoin is a global storage blockchain project that many investors trust now. And Bitcoin keeps its position as the most desired token for many investors. A new option DeeStream is making its way up into these ranks and it may be quite special. Let’s find out why.
Interest in Filecoin may be lower than before and experts say this is connected to the token’s prospects. The idea behind Filecoin was somewhat admirable, raising up to $200 million in 30 minutes when it was launched. However, almost seven years after its launch, many investors seem less convinced.
Filecoin saw its highest ever price some 3 years ago, at $237.24 per unit. It was valued at $6.9 at the start of the year. Although it has gained, Filecoin hasn’t improved by too much, with its highest value this year at $11.47.
It costs less than that as of press time, at $8.68 per unit. However, Filecoin is down by 1.45% compared to 30 days ago. Current signs show Filecoin heading to a steady downtrend.
Experts have predicted that Bitcoin will increase massively ahead of the halving. The logic was that demand for Bitcoin would rise as the halving nears as investors attempt to buy in before the bull run. Bitcoin did grow at the beginning of March, reaching a new all time high on the 18th of the month but is declining now.
Bitcoin trades at $65,773 per unit as of press time. This is a 7.27% decline compared to a week ago when it traded over $70.1K. Bitcoin does sell 6% higher than 30 days ago but this isn’t as impressive for many investors.
The hanging question is whether this is a temporary decline and if predictions for Bitcoin remain accurate. It is likely that it recovers soon and climbs back over $70K. Many investors are choosing to buy the dip and this may pay off.
DeeStream DST is a new platform that hits the spot for many investors. It may even be a game changer in the industry with its many features. DeeStream is the first decentralized streaming platform that truly prioritizes users over other interests.
Within the DeeStream ecosystem, users enjoy 100% privacy. Users can sign up and use DeeStream anonymously with the same security. DeeStream also gives users instant payouts, so they can withdraw or deposit funds whenever they want.
DeeStream also comes with lower fees because of its decentralized approach. DeeStream also costs less than most other tokens. Investors can claim the token for only $0.055 per unit in the early second stage of its presale. The token seems attractive and investors may need to move quickly to get much of it at the current price before it increases throughout the stages.
Find out more about the DeeStream (DST) presale by visiting the website here.
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