Bitcoin (BTC) has broken past the $47,000 mark, while Chainlink (LINK) almost broke past an important resistance and psychological level at $20 in the past 24 hours. On the other hand, DeeStream (DST) has been drumming up some serious buzz as its presale breaches 3,500+ registrants in February. A good number of those new joiners are Chainlink (LINK) and Bitcoin (BTC) holders—here’s why.
What you'll learn 👉
The Lowdown on Chainlink (LINK)
Chainlink (LINK) was changing hands at $18.29 in the past 24 hours, briefly touching a key psychological level at $20 within the trading day. However, Chainlink (LINK) has drastically underperformed compared to other altcoins. Despite all the integrations and partnerships Chainlink is seemingly entering into, why is LINK price action mediocre? The law of supply and demand states that an increase in demand with the same supply will result in an increase in price. Despite increased usage for Chainlink (LINK), prices haven’t exactly followed. Therefore, we can reasonably deduce that the LINK token prices are not correlated in any way with usage of the network. In short, critics of Chainlink say that the token is not needed.
Bitcoin (BTC) Surpasses $47,000 Mark
Publicly traded firms involved in the cryptocurrency space had strong pre-market gains on Friday as Bitcoin (BTC) continued its upward trend, breaking above $47,000 for the first time in over a month and increasing its weekly gain to roughly 10%. Bitcoin (BTC) prices pumped by 4% in the past 24 hours, taking Bitcoin (BTC)-related equities like Coinbase and MicroStrategy along with it.
DeeStream (DST) Presale Starting February With a BANG!
DeeStream (DST) is a new breed of video streaming platform making plenty of noise in 2024. The platform has emerged as one of the hottest presale investment opportunities of the year, challenging the hegemony of platforms like YouTube, Twitch, and Kick with its novel decentralized approach. DeeStream (DST) powers its live streaming platform across multiple nodes in a peer-to-peer network.
Thus far, DeeStream’s stage 1 presale has attracted massive attention across the cryptosphere for its unique value proposition. At the incredible initial price of $0.035, prospective investors can purchase DST tokens, making this the ideal value investment for those seeking to earn substantial gains at an unbeatable price point.
DeeStream (DST) isn’t only changing the way we consume video content, but also how we interact with it. The platform will offer content creators and users greater control, privacy, and more equitable incentives and revenue opportunities. This is why market observers believe DeeStream (DST) is a candidate to generate outsized gains this year as it attempts to capture a significant part of the multibillion-dollar live streaming industry.
Join the scores of new holders lining up for the DeeStream (DST) presale and be part of a project that could skyrocket in adoption, price, and prominence in 2024.
Find out more about the DeeStream (DST) presale by visiting the website here
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