Is This The New 100x Gem? DeeStream (DST) Launches Presale to disrupt the Live Streaming Market. Dogecoin (DOGE) And Ethereum (ETH) Fall

The crypto market is heating up as the countdown to the Bitcoin (BTC) halving draws near. Big-cap coins like Ethereum (ETH) and Dogecoin (DOGE), while available at massive discounts from their all-time highs, are losing ground to newer, lower-cap competition that can outperform their price potential in 2024. One of the potential 100x gems is DeeStream (DST), the first decentralized live video streaming platform, and its presale offers prospective investors an ideal entry point to a project that could moon this year.

Dogecoin (DOGE) Struggling to Break Past Key Resistance Levels

Dogecoin (DOGE) is the original dog-themed meme coin. But its best days appear to be long behind it after peaking in 2021 at $0.72. Since then, Dogecoin (DOGE) is down 90% from its all-time high, trading at $0.081 in the past 24 hours per crypto aggregator CoinGecko. Thus far, Dogecoin (DOGE) has struggled to break past strong resistance at $0.09 in January, albeit trading at a marginal 0.2% increase in the past trading day. Dogecoin (DOGE) has a market cap of $11.59 billion and a 24-hour trading volume of $506.43M, according to CoinMarketCap.

Ethereum (ETH) Losing Ground to L1 Competitors

Are we seeing a changing of the guards in the decentralized finance (DeFi) sector? Ethereum (ETH) is on the verge of being overtaken by other L1 blockchains. According to DeFi aggregator DefiLlama, Solana (SOL) is breathing right down Ethereum’s (ETH) neck in terms of volume traded on decentralized exchanges. Ethereum (ETH) registered a $1.29B 24-hour trading volume, while Solana is closing on $800 million as of this writing. Ethereum (ETH) is objectively facing stiff opposition and its market dominance is under hard-time pressure.

DeeStream (DST) Set to Disrupt $200B Live Streaming Industry

DeeStream (DST) is one of the hottest new presale investment opportunities of 2024, and it’s looking to disrupt the $160.55 billion global live streaming industry. DeeStream (DST) is building the premier Web3 live streaming platform bridging streams, content creators, and their audiences under one decentralized streaming model. Market observers believe DeeStream (DST) could become a leader in the global live streaming industry with its value proposition

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Author: Crypto Daily

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