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Many crypto experts predicted that the prices of various cryptocurrencies would rise following the Bitcoin halving event, and that has been the case for many altcoins. However, for several seasoned investors, this post-halving surge has been a propelling force to invest in the new streaming platform, DeeStream.
Solana and Dogecoin investors are taking a liking to DeeStream as the coin continues to impress in its presale stages. Analysts believe DeeStream could be the next big thing in the crypto space, and its success in presale further enhances this belief.
CoinMarketCap ranks Solana as the fifth-largest cryptocurrency by market capitalization. It has a market cap of $69.09 billion and a fully diluted market cap of $88.92 billion. It has risen above the $150 mark and currently trades at $154.58. Solana has grown by more than 12% in the last week.
Over the previous 30 days, Solana has dropped by about 9%; however, over a more extended period, the coin has been impressive. In its 90-day charts, Solana has recorded a more than 90% rise.
With the current momentum, it is possible Solana could reach $200 before the end of the year.
When meme coins are mentioned, Dogecoin is likely one of the first names mentioned. Elon Musk, CEO of Tesla and SpaceX, has previously spoken favorably about the coin, making Dogecoin one of the most famous meme coins.
On the market charts, Dogecoin continues to show impressive price movements. It has risen by about 7% in the last 30 days and is currently trading at $0.161. Over the previous week, Dogecoin has slightly increased by only 1.20%. Following the Dogecoin Day of April 20, analysts expected a drastic rise in the token's price. However, it has only seen meager growth.
Crypto analysts believe Dogecoin might be on the verge of a reversal, and its price could drop to as low as $0.1500 before the end of the month.
It hardly gets better than DeeStream in the live-streaming industry. The new decentralized streaming platform brings solutions to the sector and makes the experience enjoyable and remarkable for creators and their fans.
The world's first fully decentralized streaming platform built on the blockchain for better transparency and security provides an easy-to-use platform for users to enjoy their streaming experience. For content creators, DeeStream is a lasting solution to the existing problems in the industry. Being a decentralized platform, DeeStream can drastically reduce the final costs passed on to the customers.
Unlike traditional platforms, DeeStream charges very low transaction fees, which allows content creators to make a profit from their hard work. There is also no delay in withdrawing funds, as the platform enables instant payouts. With DeeStream, content creators are in charge of their content and funds. The platform will never restrict users from expressing opinions that are within legal boundaries.
DeeStream is still in the second stage of its presale, with a token selling for only $0.06. The price is expected to keep rising, which means investors can buy into a project with great prospects without having to break the bank.
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. 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.