Toncoin (TON) whale puts big stakes into DeeStream (DST) presale as Ripple (XRP) investors join the hype

Altcoin News

February 06, 2024

Altcoin News

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Ripple (XRP) is one of the most recognizable cryptocurrencies the world over, sporting a $27 billion market capitalization as of this writing. On the other hand, a lot of intrigue surrounds Toncoin (TON), which has seemingly come out of nowhere to become one of 2023’s biggest gainers. But the action is moving squarely away from these big-caps, and into low-cap gems with the potential to skyrocket in value ahead of the next bull run. One of the projects with parabolic potential is DeeStream (DST), which market analysts believe could go on a big run in 2024.

Ripple (XRP) Holders Just Can’t Catch a Break

Ripple (XRP) holders were treated to a fresh taste of bad news after 213 million Ripple (XRP) tokens were stolen from Ripple founder Chris Larsen’s personal account. While Ripple Labs acted fast to mitigate the financial damages, the reputational damages have already been done. Ripple (XRP) has already been stuck in the mud trading at $0.50 for most of 2024, as holders keep getting rejected at key resistance levels. The news of a security incident couldn’t be good news for long-suffering Ripple (XRP) holders.

Toncoin (TON) Holds Steady

Toncoin (TON) is a beacon of resilience in 2024, as it maintains its value above key support at $2. While Toncoin (TON) enjoys some stability, caution remains key as it nears a potential hurdle. The $2.13 resistance level looms, raising concerns about selling pressure that could disrupt the current calm. Adding to the cautious whispers is TON’s noticeably low trading volume compared to its significant market cap. This discrepancy fuels speculation among critics, suggesting there could be a “pump and dump” waiting in the wings orchestrated by VC firms.

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DeeStream (DST) Stage 1 Presale Nearing a Sellout

DeeStream (DST) is a newly-launched Web3 live streaming protocol whose presale has made waves in 2024. With DST token prices at an amazing discounted price of $0.035, stage 1 of DeeStream’s (DST) presale is nearing a sellout with almost 2,500 users in the promising project. Market analysts believe DeeStream (DST) could be on the verge of a big year as it competes with centralized streaming platforms like Twitch, Kick, TikTok, and YouTube Live for a piece of the $160+ billion live streaming industry.

Content creators, streamers, and DeeStream (DST) investors are entitled to tap into the multiple income streams DeeStream (DST) has to offer. For instance, they can earn a revenue share from sponsored ads, subscriptions, digital gifts, and more. Moreover, DeeStream holders are entitled to more exclusive perks and benefits, such as a rewards program where they can earn DST tokens for completing tasks and hitting certain milestones on the platform. Best of all, DeeStream (DST) takes the power back from the centralized providers and gives it to the users, giving them freedom to create, earn, share, and engage their audiences as they please.

DeeStream (DST) is parlaying its first-mover status into what could be parabolic gains for its DST token in 2024. DST token prices might never be as low as $0.035 ever again, considering token prices are programmed to increase throughout its six-stage presale. Don’t miss out on what could be one of the best presale investment opportunities of the year.