Why Binance Coin (BNB) Influences Ethereum (ETH) and How Does DeeStream (DST) Make 20X in Just Months?

Binance Coin (BNB) and Ethereum (ETH) have gone on each of their respective runs in 2024. As a primary competitor of Ethereum (ETH), it is only natural that whenever the latter experiences an uptick in price, so does Binance Coin (BNB). However, both altcoins have a cap on their potential gains in this next cycle by virtue of having multibillion-dollar market caps.

On the other hand, early-stage low-caps in their presale phase like DeeStream (DST) have an infinitely higher upside potential in terms of price appreciation, with a 20x easily in the frame even before the bull run in 2025. Just imagine how much more DeeStream (DST) has to gain—100x isn’t far from reality.

Profit-Takers Pull Ethereum (ETH) Below $3,000

Ethereum (ETH) prices are down 3% in the last 24 hours, raising concerns that the token’s bullish run stretching  back from late January may be coming to an end. The pullback followed Ethereum (ETH) retesting $3,000 earlier this week. After reaching the critical $3,000 mark for the first time since April 2022 earlier this week, Ethereum (ETH) retraced back to $2,949 as of February 23rd, with investors continuing to take profits. Bulls typically tire after a prolonged upswing, and some traders may opt to offload their holdings near strong resistance levels.

Binance Coin (BNB) Eyeing $400

Binance Coin (BNB) has performed exceptionally well over the past week even as the broader crypto market faced a retracement. As of February 23rd, Binance Coin (BNB) is trading at $375.89, up 6% in the past week, with a market capitalization of $56 billion. The recent resurgence of Binance Coin (BNB) was catalyzed by its daily active users increasing by sextuple in the past four years, despite its legal troubles in the past year. As of this writing, Binance Coin (BNB) is in a consolidation phase, eyeing a move to the next leg up at $400.

DeeStream (DST) On Pace to Moon in 2024; Targets 20x in Months

A new contender in the $160+ billion video streaming industry is emerging, putting centralized providers like Twitch, Kick, YouTube, and TikTok on notice with its uniquely decentralized approach to the format.

DeeStream (DST) is changing the game by building the first viable decentralized alternative to the aforementioned platforms. DeeStream (DST), powered by Web3 technology, is creating a platform offering users greater control, privacy, and freedom to pursue novel income streams powered by its native DST token.

This is exactly why DeeStream’s presale has received major capital inflows as of stage 1 of its presale launch. With DST token prices at just $0.04, DeeStream (DST) offers an ideal entry point for investors looking to make big gains in 2024. Market analysts predict DeeStream (DST) can easily turn in a 20x ROI in mere months. Just imagine how much more it can gain during a full-blown bull market.

Be part of thousands of new DeeStream (DST) joiners taking advantage of this opportunity—and back a winning horse in 2024 by joining the DeeStram (DST) presale today.

Find out more about the DeeStream (DST) presale by visiting the website here

Disclaimer: This sponsored content is not endorsed by CaptainAltcoin, which takes no responsibility for its accuracy or quality. This content was not written by CaptainAltcoin’s team. We advise readers to do their own research before interacting with any featured companies. The information provided is not financial or legal advice. Neither CaptainAltcoin nor any third party recommends buying or selling any financial products. Investing in crypto assets is high-risk; consider the potential for loss. CaptainAltcoin is not liable for any damages or losses from using or relying on this content.

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Torsten Hartmann
Torsten Hartmann

Torsten Hartmann has been an editor in the CaptainAltcoin team since August 2017. He holds a degree in politics and economics. He gained professional experience as a PR for a local political party before moving to journalism. Since 2017, he has pivoted his career towards blockchain technology, with principal interest in applications of blockchain technology in politics, business and society.

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