The crypto train seems to be driving to a halt, if not moving in reverse with recent figures. According to data collected from CoinMarketCap, the market, worth around 2.4 trillion dollars, has declined by some 2.2%. Experts say that this isn’t too much to worry about and that the crash is not unprecedented in the market. What it does require is that investors should be more conscious about the decisions they make and the tokens they hold.
The memecoin industry has long suffered criticism and controversy for many reasons. But is this by merit or are tokens like Dogecoin (DOGE) and Shiba Inu (SHIB) simply misunderstood opportunities? And should investors keep to these tokens in light of recent market happenings and with emerging alternatives like DeeStream (DST) in the market? Our analysis answers these questions.
What you'll learn 👉
Time to Put Down Dogecoin (DOGE)?
Dogecoin (DOGE) has seen massive success in the past, the most of any memecoin and some of the best of any coins. Not many coins can boast of billionaires and celebrities posting about them. However, the glory days of Dogecoin (DOGE) may be far behind it. Dogecoin (DOGE) is falling significantly and is down to $0.1325 per unit at the time of writing. It lost more than 21% compared to this point last week. It may be time to move on to tokens with definite utility and a trajectory that could pay off in the long-term.
Shiba Inu (SHIB) Losing Ground
Things aren’t going differently for Dogecoin’s (DOGE) younger brother and competitor, Shiba Inu (SHIB). The token now trades around $0.00002602 as of press time. Shiba Inu (SHIB) started to decline some days after it had risen by 2x. In the last seven days, Shiba Inu (SHIB) has seen a heavy decline, a brief recovery and another sharp fall. Its trajectory points upwards but it does not have the momentum for significant changes in fortune. Shiba Inu (SHIB) is also declining in the eyes of investors.
Hope for Investors in DeeStream (DST)
Investors can look forward to good things despite current market activity and the present decline. This is because of the innovative brilliance of projects like DeeStream (DST). They offer unique opportunities to make great profit even with little investments. DeeStream (DST) in particular gives many opportunities for investors to get great returns.
DeeStream (DST) is a web3 creation designed to improve how users enjoy streaming. It is a streaming platform built on the blockchain, made to be transparent, honest and accessible to users worldwide. It has features that upgrade on the overall experience of streaming like low fees, instant transactions and better revenue-sharing that benefits creators.
To get into DeeStream (DST), investors only have to buy the token. It sells for only $0.055 per unit in the second stage of its presale. This is currently the best opportunity to get DeeStream (DST) before its price shoots up. There may be reasonable expectations from Dogecoin (DOGE) and Shiba Inu (SHIB) but DeeStream’s (DST) potential seems far greater.
Find out more about the DeeStream (DST) presale by visiting the website here.
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