Post-crypto winter, there has been a resurgence in the value of some crypto assets. While the crypto industry swung from boom to burst, investors grabbed tokens where they could and held on to them to see some gains.
Bitcoin (BTC) and Ethereum (ETH) led the pack as prices soared for what seemed like months and months on end. But that wasn’t to last; prices of crypto projects tanked, and with it, much of crypto activity across investment circles. Even the layman observed, for example, that the laser eye profiles had taken a break on Twitter.
Some crypto projects have burst, while others like Immutable (IMX) and Ethereum (ETH) are recovering. And yet there are others just being born. DeeStream (DST) is of the latter. Investors think it’ll outperform others before it. Let’s explore that perspective.
Immutable (Imx) on Its Second Rodeo of Growth
The last year has been a quiet one for many crypto projects but not for Immutable (IMX). It has gone up in value by 400%, and that has caught investors’ attention. With a cap of almost $3 billion, the layer-2 network supports the NFT and crypto gaming.
Gaming companies like Ubisoft, Merit, GameStop and Illuvium have partnered with Immutable (IMX) to bring an enhanced experience for gamers. Features such as fast transaction speeds, top Ethereum (ETH) level security and low transaction fees set up Immutable (IMX) for significant price appreciation in the coming years.
Although it has been predicted to have a great year in 2024, Immutable (IMX) has slightly increased its value in the past month. It has gone from $3.48 to last week’s price of $3.50 and then dropped to $3.29 as we speak.
Ethereum (ETH) Investors Swayed on a Presale Launch
Another crypto project that has had a resurgence after the boom-burst era of the crypto industry is Ethereum (ETH). Having been founded as a blockchain engine to offer faster transaction speeds and smart contract options for users and developers, it has only been behind Bitcoin (BTC) as the most valuable crypto project in the industry.
As we speak, it trades at $2,934.11, a significant rise from $2,613 just a week ago. These gains have been a month-long appreciation graph starting at $2,463.
This year has been touted as the recovery stage for many crypto assets such as Ethereum (ETH). Yet investors in Ethereum (ETH) look to DeeStream (DST), a dApp on its blockchain, as more profitable to invest in.
The Birth and Growth of Deestream (DST) in 2024
DeeStream (DST) is attracting crypto investors who want a piece of the pie during its presale launch event. It’s a decentralized streaming platform that allows for better interaction between fans and streamers.
This product-led approach has been speculated for a 20x appreciation in price in just a 3-6 months post-presale launch. At $0.035, the DeeStream (DST) price is irresistible to crypto investors in already appreciating assets like Immutable (IMX) and Ethereum (ETH).
Find out more about the DeeStream presale by visiting the website here.
