DeeStream (DST), Shiba Inu (SHIB), and Bitcoin Cash (BCH), are three coins investors are looking to invest in this 2024. Here’s a market analysis of all three and an insight into why DeeStream (DST) is the investors’ choice.
Bitcoin Cash (BCH)
At a 0.70% drop in price since yesterday, Bitcoin Cash (BCH) traded at $235.83 USD today with a total volume of $181,141,667 USD. This comes directly after a week of Bitcoin Cash (BCH) trading at a 0.3% increase.
Bitcoin Cash (BCH) might not be topping the charts like Bitcoin or ever hitting a price as high as $4,355, its personal best, as it did in 2017. This does not however mean that Bitcoin Cash (BCH) is not doing great for investments.
Even at a price as high as $235.83 USD, investors are still considering buying up Bitcoin Cash (BCH) tokens.
Shiba Inu (SHIB)
Shiba Inu (SHIB), the meme coin, took the world by storm in the thick of crypto’s most bullish year, 2020. Shiba Inu (SHIB) quickly garnered the interest and support of important personalities like Elon Musk, whose consistent interactions on social media platforms helped drive its value.
Four years and a lot less vibe later, Shiba Inu (SHIB) is trading $99.88M volume of tokens at $0.000009. After the first burst of investment in Shiba Inu (SHIB), the investments have trickled down considerably. In fact, Shiba Inu (SHIB) is considered a risky investment due to it’s high volatility and price instability.
DeeStream (DST)
DeeStream(DST) is a new token on the scene. It is in its first presale stage, selling at just $0.035, making it very reasonably priced for investors especially as analysts peg it as a potential blue chip token.
DeeStream (DST), like Bitcoin Cash (BCH) and unlike Shiba Inu (SHIB, is tied to a decentralized streaming platform.
Although DeeStream (DST) is still pretty new compared to Bitcoin Cash (BCH) and Shiba Inu (SHIB), it is considered a worthy investment option.
Why Investors Are Choosing DeeStream (DST)
From all indications, it is clear that of the three tokens, investors seem to be favouring DeeStream (DST) over Shiba Inu (SHIB) and Bitcoin Cash (BCH).
- Stability
Stability is an important consideration when investing in any token. As seen above, Shiba Inu (SHIB) is prone to wildly fluctuating prices determined by social interactions. DeeStream (DST) on the other hand has created stability for itself by locking liquidity permanently and passing audit.
- ROI On Investment
The ROI on investment is also pretty good. All investors holding DeeStream’s (DST) token will enjoy taking part in the governance of the platform. Token-holding investors will also share all platform-generated revenue in a 50:50 split.
- Transparency
DeeStream (DST) is dedicated to transparency in all their transactions allowing all users to view transactions and records. This is very comforting for investors to know that they can put their money in a token that values stability, honesty, and transparency.
- Price
One of DeeStream’s (DST) advantages over Bitcoin Cash (BCH) is its very affordable price. At just $0.035 USD , DeeStream (DST) is a great coup for a token predicted to be very successful.
Find out more about the DeeStream (DST) presale by visiting the website here
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