Stellar and Chainlink were among the biggest gainers in previous bull cycles, particularly in 2017 and 2021, respectively. However, both established cryptocurrencies are trending downwards, entering the next cycle in 2025, which is expected to occur after the Bitcoin halving in April.
For this reason, members from both Stellar and Chainlink communities are diversifying their portfolios to extract more gains in the next bull run after holding some of the worst-performing tokens. They are zeroing in on DeeStream, the revolutionary decentralized video streaming platform whose presale is attracting whales across the crypto world. Industry observers believe DeeStream could have serious moon potential in 2024—here’s why.
Soroban upgrade fails to stoke interest in Stellar
Stellar Lumens, better known by its native token XLM, was one of the early crypto payment protocols that rose to prominence in crypto’s “Wild West” days. However, two Bitcoin halvings and bull cycles after, and XLM has very little to show for as far as gains are concerned. It’s looking like Stellar will never recapture its 2018 all-time high of $0.875. It’s all been downhill from there, with XLM becoming the poster boy for “diminishing returns.” As at press time, Stellar was changing hands at $0.11, with the release of its Soroban upgrade failing to generate any buying interest as evidenced by the piss-poor price action.`
Is Chainlink the worst-performing top 20 coin?
Much like Stellar, decentralized oracle provider Chainlink has seen its best days in previous cycles—each year creating lower highs and lower lows for its LINK token. Since then, it has been one of the top laggards in the top 20 cryptocurrencies by market cap, spectacularly failing to deliver anything tangible besides announcements about partnerships. Chainlink holders who didn’t sell in 2020 after seeing the most textbook blowoff top are nearly apoplectic for holding one of the worst crypto investments of the last four years.
Stellar and Chainlink holders link up in DeeStream presale
Chainlink and Stellar holders who have long taken profits are rotating their gains into more profitable crypto ventures—and no other crypto venture is as profitable as presale investment opportunities. In 2024, one of those is DeeStream. DeeStream is building the premier decentralized live streaming platform designed to compete with established Web2 providers like YouTube, Twitch, and Kick. And with DeeStream’s management team, tokenomics, and incentives, it could easily become one of the best performers of the next bull cycle.
DeeStream is introducing a platform with all the bells and whistles of platforms like Twitch and YouTube, allowing content creators to produce content akin to traditional media but without their draconian, censorious, and rent-seeking policies. Better still, DeeStream enables content creators and their audiences alike to pursue various earning opportunities and income streams powered by its DST token, which is available at a discounted price of just $0.06 as of stage 2. Early adopters will be granted a hefty revenue share, granting them passive income for just investing early in one of the most promising presale launches of 2024, which industry observers believe could produce the elusive 50x to 100x gain.
Find out more about the DeeStream (DST) presale by visiting the website here.