The Bitcoin(BTC) surge of February 2024 is still on everyone’s lips and on one hand, people wonder if the market is finally taking a turn for the better. On the other hand, some investors have suddenly entered a flurry of activities, hoping to take advantage of this surge.
Some coins like DeeStream (DST) and Stacks (STX) have shown huge potential for long-term investment following this Bitcoin (BTC) surge.
Let’s see what this means for DeeStream (DST).
Bitcoin (BTC)
Bitcoin (BTC) is in the top two cryptocurrencies in the world and it is not number two. From a coin good enough for game skins and 2 large pizzas, Bitcoin (BTC) has grown to become the most expensive cryptocurrency in the world. At some point, during 2021, the year of bull runs, 1 Bitcoin (BTC) was valued at as much as $69,000. The next year, Bitcoin’s value would succumb to crypto winter and slip to half its price.
However, in the last year and a few months, Bitcoin (BTC) has been rebuilding its value, and just last week, all that effort paid off. For the first time since 2021, the value of 1 Bitcoin (BTC) exceeded $50,000. Since then, investors and holders alike have held their breath, hoping this increase won’t be a one-off and that the price of Bitcoin (BTC) is finally on the climb upwards.
Stacks (STX)
Stacks (STX) is a blockchain network that converts smart contracts and decentralized apps to the Bitcoin blockchain. Stacks (STX) is a somewhat peculiar network that has found a way to work so well with Bitcoin (BTC), although both of them exist on different buyers.
Stacks (STX) stands apart from other blockchain networks in the following ways:
- Stacks (STX) uses a proof of transfer mechanism which improves scalability
- Stacks (STX) uses the peculiar smart contract language called Clarity.
- Stacks (STX) can reduce their transaction time by using microblocks
Over the years, Stacks (STX), has appreciated in value, making itself a good investment opportunity. In the last three years particularly, Stacks (STX) has managed to maintain an averagely upward green line.
DeeStream (DST) And Stacks (STX) Show Potential As Bitcoin (BTC) Price Surges
DeeStream (DST) is the native token for the new decentralized streaming platform in the crypto space. The founders of DeeStream (DST) are currently hosting its first presale event for the DST token.
For this event, DeeStream (DST) is parting away with 210 million tokens at a very cheap price of $0.035. This low price in conjunction with other factors including predictions of DeeStream (DST) being a future blue chip token, has made DeeStream (DST) popular. Investors and coin holders from all over the crypto industry are interested in entering this investment opportunity early.
As the potential gains for investing in DeeStream (DST) rise, the higher the chances of DeeStream’s ROI appreciating by as much as 30X in a few months.
Find out more about the DeeStream presale by visiting the website here
