Core and Arweave have seen significant gains, but predictions aren’t highly rosy. Yes, they will likely continue to make gains, but the movements will likely be very small. That’s likely why Core and Arweave investors are piling into DeeStream, which promises massive gains thanks to its highly lucrative presale.
It also doesn’t hurt that DeeStream is a decentralized video streaming platform with a vision of rivaling YouTube. That might seem like a big ask, but with YouTube’s censorship issues, ban-happy approach to channels, and refusal to engage with creators, it’s unlikely to be all that difficult.
After all, DeeStream offers free speech, a chance to have a say in governance for presale token holders, instant payouts, and much more. It’s no surprise that users and investors are swooping into the presale.
Core (CORE) has seen significant gains over the past few weeks, rising from around $0.65 to a high of $4.11 on April 2nd. However, the market has corrected somewhat, now trading at $2.66. However, it is still an impressive increase over the past year, when the coin traded largely below $1.
It should be noted that Core has a market cap of $2.3 billion, a 24-hour trading volume of $173 million, and a circulating supply of over 878 million tokens. As is usual with crypto, analysts are split on predictions.
Some believe it can rise to as much as $3.5 by the end of the year, while others feel it will stay around the $2.6 mark. While indicative of a continued upward trend, or a flat one at worst, it still isn’t expected to reach its high again. However, the upward trend seems to lend some optimism to the market, and momentarily, market sentiment seems to be bullish.
Like Core, Arweave has climbed quite a bit in the past few months, going from $7.86 at the beginning of February to a high of approximately $44 in March, and now correcting slightly to $33.8. Once again, it’s an impressive gain over the past year, as it’s been trading largely under $8. However, it’s still pretty far from its all-time high of $89.24 from November 2021.
Arweave’s market cap is $2.2 billion, its 24-hour trading volume is $29 million, and its circulating supply is over 65 million tokens.
Analysts seem largely very optimistic, with some going as far as to say that it might climb to as high as $112 in the new month. Others are skeptical that it will not perform quite that well, especially since it breached $40 for the first time in February. Even it’s all-time high wasn’t quite that impressive.
More tempered opinions state that Arweave will likely continue trading around the $33 mark for the rest of the year, with the potential to reach and possibly slightly surpass $35 in 2025.
Knowing the size of YouTube, many might scoff at the idea that a decentralized video streaming platform like DeeStream could compete, let alone dethrone them. Well, with the way things are going for YouTube, and considering DeeStream is doing everything right that YouTube is doing wrong, it’s not quite that much of a pipe dream.
YouTube creators are becoming increasingly displeased with the censorship rules, which are getting more ridiculous every day. Coupled with YouTube’s reaction, which is demonetization in the best-case scenario and complete channel bans in the worst, creators aren’t happy. And where creators go, viewers follow.
DeeStream offers the perfect ecosystem for creators who want the freedom to express themselves without worrying that one erroneous word could destroy their livelihood. Coupled with a far better revenue share than YouTube would ever consider offering (50/50 for presale token holders), instant payouts, and low fees, DeeStream is truly set to disrupt the digital video streaming environment.
That’s precisely why Core and Arweave investors are taking advantage of the highly attractive Stage 2 presale price of only $0.055.
For more information on DeeStream’s presale, please visit the website here.
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