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Since the boom and bust days of the crypto industry where Avalanche (AVAX) gained an all-time high of $144.96 and then fell off the cliff, investors have been looking for the next boom. One would think that the recent resurgence of the Avalanche (AVAX) would sway investors to it.
Despite Avalanche's value reaching $40.50 from an all-time low of $2.80, Cardano (ADA) holders seek promise in DeeStream (DST) decentralized streaming platform. We're about to study both crypto projects Cardano (ADA) and Avalanche (AVAX), to see how they compare to DeeStream (DST).
Cardano (ADA) is often known as the slumbering security giant in the industry. Its priority is a slow and steady secure improvement of its blockchain over time. As a platform that supports NFTs, DApps, and DeFi functionalities, Cardano (ADA) seeks interoperability between different blockchain networks.
Savvy investors, who recognized the value of Cardano (ADA) funded the crypto project and have reaped rewards. At the moment, Cardano (ADA) goes for $0.6205 which isn't far off its week's high of $0.64 and its month's $0.60.
Many speculations suggest that Cardano (ADA) could rise even further to $9.12 – $10.32 by year 2030 eclipsing an all-time high of $3.10 back in 2021. Yet its investors are swayed by an even better offer in DeeStream (DST).
Avalanche (AVAX), since coming into the scene in 2020, has prioritized speed, high security and high throughput. It's made up of 3 blockchains with functionalities that characterize the Avalanche (AVAX) ecosystem.
They include the P-chain (Platform Chain), the C-chain (Contract Chain) and the X-chain (Exchange Chain). In the order of introduction, they create and manage avalanche subnets and validators, execute smart contracts supporting the Ethereum Virtual Machine (EVM), and facilitate the minting and exchange of digital assets such as AVAX.
As we speak, the value of Avalanche (AVAX) sits at $40.32 which is a drop from its all-week high of $43.0 and not far off its month-high price of $42.0. It's predicted to hit $186.02 by 2030, yet crypto investors like Cardano (ADA) stakeholders go for DeeStream (DST).
Crypto investors see DeeStream (DST) as a great opportunity. Of course, its underlying foundation of blockchain technology opens up product opportunities to compete with centralized streaming platforms such as Twitch and YouTube.
As a decentralized alternative, users get an upgrade in platform experience unhindered by middlemen transactions and censorship. Investors also get a say in how the platform develops as they enjoy a 50:50 revenue split from the platform.
Coupled with the fact that DeeStream (DST) is selling fast in its stage 1 of presale you can see why speculations in some quarters of the industry expect at least a 20x growth in just a few months after launch.
Find out more about DeeStream (DST) presale by visiting the website here.
Find out more about the DeeStream presale by visiting the website here
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Disclaimer: Analytics Insight does not provide financial advice or guidance on cryptocurrencies and stocks. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. This article is provided for informational purposes and does not constitute investment advice. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.
