Holders of cryptocurrencies invest in new coins for different reasons. If they hold a profitable coin like Bitcoin Cash (BCH), then the reason for seeking alternatives often stems from the desire to diversify investments. Bitcoin Cash (BCH) holders, no matter how successful they think BCH is, still need to safeguard their investments by expanding their portfolio, especially in such an unpredictable market.
For holders of a cryptocurrency like Ripple (XRP), which currently has an uncertain future, investing elsewhere is much more intuitive—and in some cases, extremely necessary. These Ripple (XRP) holders wouldn’t want to lose all their investments betting on uncertainty. So they do their research, find an alternative cryptocurrency, and invest right away.
When holders of both Bitcoin Cash (BCH) and Ripple (XRP), cryptocurrencies with disparate levels of value, are simultaneously rushing to invest in DeeStream (DST), it’s sure to create a lot of excitement. This is the current crypto market trend. It has intrigued multiple investors and raised lots of questions.
What’s DeeStream (DST)?
If Bitcoin Cash (BCH) and Ripple (XRP) holders invest in new crypto tokens for different reasons, what then would make them decide to invest in DeeStream (DST)? To understand this trend, it’s important to also understand that DeeStream (DST) is more than just a token.
DeeStream (DST) is a fully decentralized web3 streaming network. It has its utility token, DST, which crypto investors like Bitcoin Cash (BCH) and Ripple (XRP) holders can buy.
The average person knows YouTube and Twitch and is conversant with conventional streaming platforms. But what they don’t know are the prevalent shortfalls of these platforms and how they could be made better by blockchain technology. This enhancement of streaming technology is exactly what DeeStream does.
Why DeeStream (DST)?
Crypto whales are big cryptocurrency investors. They’re popularly known for investing in and holding large amounts of diverse tokens. Bitcoin Cash (BCH) whales loving DeeStream (DST) is a huge statement.
Currently, in its first stage of presale, DeeStream (DST) is priced at only $0.035. In contrast, Bitcoin Cash (BCH) currently costs $268.
This huge difference in price highlights why Bitcoin Cash (BCH) holders are keen on investing early in DeeStream (DST). It’s not just the first-mover advantage that propels them, but also the knowledge that they would be investing in something huge, a novel web3 streaming platform.
Ripple (XRP) isn’t as expensive as Bitcoin Cash (BCH)—it’s currently priced at $0.569 on the crypto market. However, its frequent value fluctuations are very discouraging. In one month, Ripple (XRP) has fallen by 0.84% and has been relatively stagnant ever since.
Ripple (XRP) investors need more profitable investments. Although their investments in DeeStream (DST) are for different reasons than those of the Bitcoin Cash (BCH) whales, it still illustrates that there is an increased interest in DeeStream (DST).
It’s simple. No investor wants to lose in an ever-changing crypto market, and no one wants to be left behind in an ever-evolving technological planet. DeeStream (DST) ensures that you don’t lose and that you’re not left behind.
Find out more about the DeeStream (DST) presale by visiting the website here
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