In this article, we delve into the performance of Cardano (ADA) and Solana (SOL) amidst the ongoing bullish crypto rally, posing questions about their potential trajectories. We explore whether Solana (SOL) can revisit its all-time high this year and examine the factors driving Cardano (ADA) investors to incorporate DeeStream (DST), a blockchain streaming platform, into their investment portfolios.
What you'll learn 👉
Cardano (ADA) investors love DeeStream’s (DST) model
Cardano (ADA), the 8th most valuable cryptocurrency by market capitalization, has experienced a significant uptrend over the past month, rising by more than 10% from $0.5379 to $0.5954. Notably, since February 7th, it has surged by approximately 24%. This upward movement can be attributed to the ongoing bullish trend in the crypto market. While there may be indications of price momentum stalling, there is optimism that Cardano (ADA) could potentially reach the $1 mark, as suggested by various analysts.
One of the distinctive features of Cardano (ADA) that appeals to both investors and the blockchain community is its governance model, which empowers token holders to influence the direction of the ecosystem. This aspect resonates with the decentralized governance model of DeeStream (DST). It is conceivable that Cardano (ADA) holders are diversifying their portfolios by adding DeeStream (DST) due to this shared characteristic and the potential it holds for the future.
Solana (SOL) also losing momentum
Solana (SOL), the blockchain project geared towards facilitating decentralized app (DApp) development, has seen an impressive increase of over 11% in the past week, climbing from $103.94 to $115.76. These gains can be directly attributed to the ongoing bullish rally in the cryptocurrency market, which was ignited by Bitcoin (BTC) surpassing the $50,000 mark.
However, despite Solana’s (SOL) efforts to sustain its upward momentum and maintain its yearly high, the recent rally appears to be losing steam as the trading volume of Solana (SOL) has noticeably declined in the past few days.
DeeStream (DST): A compelling investment proposition
Cardano (ADA) and Solana (SOL) investors are now turning their attention to the presale of DeeStream (DST). DeeStream (DST) represents a groundbreaking shift in the streaming industry, introducing a fully decentralized model akin to Kick and Twitch but with a governance structure that empowers token holders.
By addressing the limitations of traditional centralized platforms, DeeStream (DST) offers users and streamers lower fees, instant withdrawals, and freedom of expression within legal boundaries. Streamers can seamlessly onboard by completing a straightforward registration process and sharing their channel links for fan engagement. Moreover, they can monetize their content through Dee gifts, subscriptions, and packages. Fans, in turn, are incentivized to participate in reward programs, earning crypto for completing tasks and reaching milestones.
Investors are encouraged to participate in the presale, currently underway for just $0.035 per token. With the potential for substantial gains, presale participants stand to earn a share of platform-generated revenue commensurate with their holdings. Furthermore, token holders wield influence over critical decision-making processes, enabling them to shape the platform’s future direction. In light of these, we believe DeeStream (DST) to be a good investment opportunity.
Find out more about the DeeStream presale by visiting the website here
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