DeeStream (DST) emerges as a February standout amid Solana (SOL) and Ethereum (ETH) highs

Solana (SOL) and Ethereum (ETH) have reached monthly highs in February. However, as cryptocurrencies with large market capitalizations, both tokens offer very little pump potential. Industry observers predict that either token is good for a 2x or 3x run in the next bull run. While those gains can be quite substantial for others, many investors are priced out of both tokens.

Instead, the real gains are in the presale launches and low-caps whose charts haven’t even come close to mooning. Those are the opportunities with serious 50x potential in the next bull run. That’s exactly why new presale crypto sensation DeeStream (DST) has become one of the hottest investment opportunities of 2024. Here’s why.

Ethereum (ETH) Breaks $3,000 Twice in February

On February 22nd, Ethereum (ETH) rose above $3,000 for the second time within a week, marking the first instance of reaching this price level in nearly two years. However, profit-taking activities resulted in Ethereum (ETH) closing the day with marginal change. As of the current writing, the cryptocurrency was trading at $2,918, reflecting a weekly increase of 4.1%. Binance’s order book indicates considerable resistance to selling ether at the $3,000 mark, with sell orders also accumulating at $3,030 and $3,050.

Ex-Ark Invest Analyst Makes Solana (SOL) Price Prediction

Former Ark Invest analyst Chris Burniske has expressed optimism about the future price of Solana (SOL), predicting that it could potentially reach $750 during the next bull market cycle in 2025. Notably, Solana (SOL) has experienced significant price movement, surging from $87 to $118 within the last month, while its market capitalization has grown from $38 billion to $50 billion during the same period. Technical analysis indicates a continuation of this upward trajectory for the altcoin. However, more conservative projections for 2024 anticipate Solana (SOL) price to hover around $150, with further forecasts suggesting a potential value of $200 by the conclusion of 2024.

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Author: Crypto Daily

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