2024 was off to a good start after the approval of multiple spot Bitcoin (BTC) ETFs in the U.S. This led Bitcoin (BTC) to print a new all time high above $73,000 in March but faced a massive sell off that saw its price retreat to $62,000. Investors are all smiles again after Bitcoin (BTC) picked up some steam and is currently trading above $70,000 at the time of writing.
As Bitcoin (BTC) surges to surpass the $70,000 mark ahead of its highly anticipated halving event, the spotlight is also shining on DeeStream (DST), whose streaming revolution is gaining significant momentum. The ongoing DeeStream (DST) presale has already attracted Cardano (ADA) and Litecoin (LTC) investors.
Let’s find out if this is the right time for Litecoin (LTC) and Cardano (ADA) holders to buy DeeStream (DST).
Litecoin (LTC) Marches Past $100
As one of the earliest altcoins to hit the market, Litecoin (LTC) has firmly established itself as a major player since its inception in 2011. Enthusiasts often refer to Litecoin (LTC) as the “silver to Bitcoin’s gold,” but it sometimes underperforms. This is why investors have their fingers crossed as Litecoin (LTC) makes a charge beyond the $100 mark.
At the time of writing, Litecoin (LTC) is trading at $102.80, a sizable 19% up from its price the previous week. Litecoin (LTC) has also achieved several milestones including a rising hashrate, which helps to secure the network. This has made Litecoin (LTC) a viable choice for both seasoned investors and newcomers looking to navigate the complexities of the digital asset space.
Data: Cardano (ADA) is an Actively Developing Blockchain
Data from market intelligence firm Into TheBlock shows that Cardano (ADA) is the most actively evolving blockchain among its layer 1 competitors. Recent revelations shared on X indicate that Cardano (ADA) consistently outpaces other blockchain networks in terms of developer involvement, maintaining its leading position in the field.
This is very positive for Cardano (ADA) as it shows that developers are actively contributing to its development. Cardano (ADA) has previously reiterated that while its price lags behind its competitors, the most important thing is the work being done under the hood. At press time Cardano (ADA) is trading at $0.6538, dropping by 5.60% over the past month.
Why is DeeStream (DST) Gaining Momentum?
DeeStream (DST) is momentum for new and experienced investors including Cardano (ADA) and Litecoin (LTC) holders. Without a doubt, DeeStream (DST) stands out for its innovative approach to decentralized streaming. DeeStream (DST) is leveraging blockchain technology to empower content creators and consumers by creating a fair and transparent ecosystem.
To some extent, DeeStream (DST) is simply what other streaming platforms should have been from the start. DeeStream (DST) has created a revenue share model that allows presale investors to earn passive income from the revenue it generates. This is more like earning dividends and is powerful for incentivizing loyal DST holders.
The low price of DeeStream (DST) is also attractive to savvy investors who think that substantial gains are possible.
Find out more about the DeeStream (DST) presale by visiting the website here.
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