Ethereum’s (ETH) place as the number one layer-1 blockchain network is uncontested, despite many new projects that appear to improve on its foundations recently. Yet, it is still far away from its previous all-time high of nearly $5,000. Bitcoin (BTC), on the other hand, is currently more than ten times Ethereum’s (ETH) highest-ever price, rising to $52k very recently.
Despite this, experts only predict moderate growth for both tokens, with up to 5x for Ethereum (ETH) and only 3x for Bitcoin (BTC). However, this new project, DeeStream (DST), is expected to do 50x by next year, and it is still in presale. With the recent whale investment in DeeStream (DST), it appears there is some belief in these claims but how much? Let’s find out.
Ethereum (ETH) surpasses January High
Ethereum (ETH) could only go as high as $2,683 in January and would fall from that position shortly after. Instead, much of January for Ethereum (ETH) was spent between $2,200 and $2,400. Since entering February, Ethereum (ETH) has been on a powerful rise. It trades 11% better than 7 days ago, hitting $2,775 at press time. With less than two weeks remaining in the month, Ethereum (ETH) is expected to remain above $2,500 till March and go higher if it breaks the $2,800 resistance level.
What Bitcoin’s (BTC) new price means for investors
Bitcoin (BTC) has outperformed initial predictions, reaching $52,000 in intra-day trading. In the last week alone, Bitcoin (BTC) has grown by 8.69%, up to $51,886.40 at press time. Bitcoin (BTC) has also added nearly $10,000 to its value compared to 30 days ago. While this is great news for investors who already hold Bitcoin (BTC), it does create a more expensive (and thus more risky) entry point for the token. Bitcoin (BTC) may still see some positive price action so it could be worth a gamble.
Big money goes into DeeStream (DST)
Live streaming platforms are incredibly popular today because they connect users in a way that on-demand content cannot. This is the recipe behind the success of platforms like Twitch, Kick, and even YouTube to some extent. Yet, many things about these platforms are inequitable or inefficient.
For example, creators are responsible for all the content on these platforms but get little in the form of returns. These creators also have little control over decisions made on the platforms, which are mostly taken by centralized bodies. Besides the unfair power and revenue sharing, these platforms also have high fees that reduce the earnings of streamers.
DeeStream (DST) recognizes all of these issues and attempts to change them. It will offer more creative freedom, a better revenue-sharing formula, and decentralized community-focused governance. DeeStream (DST) will also have lower transaction fees so streamers get the returns they deserve.
The profits from DeeStream (DST) extend to investors who can expect huge gains from the token. Its presale offers the best opportunity to buy the token at a low price position, for only $0.035 per unit. Investors who buy the token will also get lifetime payments from its transaction fees which should spike post-launch. For more details, check out its website.
Find out more about the DeeStream presale by visiting the website here