Could this New Live Streaming Platform DeeStream (DST) overtake the likes of Cardano (ADA) and Ripple (XRP) in 2024

Could this New Live Streaming Platform DeeStream (DST) overtake the likes of Cardano (ADA) and Ripple (XRP) in 2024

With blockchain technology and the strength of imagination, there is a lot of value for investors and users who can find it. Assets like Cardano (ADA) and Ripple (XRP) have been sought by investors in search of value but they are now being sidelined for other options. The most prominent of these is DeeStream (DST), a new live-streaming platform founded on blockchain principles.

Cardano (ADA) caught in market movements

Trends for Cardano (ADA) have recently mirrored those of the crypto market in general. Although it has had some underlying changes, like fewer large transactions yet more activity, Cardano's (ADA) price copies the same movements as most other coins. Specifically, Cardano (ADA) saw a sharp drop from Monday 22nd and Tuesday 23rd before somewhat of a recovery which extended till Thursday, the 24th of January.

Its price is $0.4948 per Cardano (ADA) with a $0.4816 low recorded early in the day.

Ripple (XRP) making interesting moves

Recent job listings by Ripple (XRP) are prompting rumours that Ripple (XRP) could be filing an ETF soon. With the approval of the Bitcoin ETF proposal, it may not be unimaginable that a Ripple (XRP) ETF is filed and approved. In market news, Ripple (XRP) has spent much of the last 48 hours over $0.53 and looks to continue upwards towards $0.55 in the next few days.

DeeStream's (DST) potential on show in presale

In 2024, the way we consume content has changed quite drastically. Some years back, most people viewed content through television sets, with subscription packages or on-demand content. Now, some 44% of viewers say they watch TV less because of live streaming.

As the way we view content changes, the way we access it should as well. DeeStream (DST) will attempt to take live streaming even further through decentralized technologies. The platform will be a fully decentralized live streaming service with several incentives for users.

Signing up as a viewer or a streamer will allow users to gain from its lower fees, transparency and much more freedom of content than you'd get with alternatives like Kick and Twitch. With cryptocurrency payments enabled on DeeStream (DST), getting your money will be a quick and convenient process. There will also be an exchange service to swap your coins completely free of charge.

DeeStream's (DST) tokenomics particularly sticks out and contributes to the feeling that it could exceed coins like Cardano (ADA) and Ripple (XRP). It costs $0.035 in presale, with 300 million units available, and the potential to skyrocket in no time. Team tokens are locked for 1000 days and liquidity is locked for life.

As demand for DeeStream (DST) grows after launch, investors stand to gain more from its revenue-sharing plan – available for only presale investors. Experts anticipate that DeeStream (DST) will be the far greater investment, thanks to the quality it offers users and protections for investors.

Find out more about the DeeStream (DST) presale by visiting the website here

Disclaimer: Analytics Insight does not provide financial advice or guidance. 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. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.

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