Bitcoin (BTC) broke past $52,000 last February 14th, and it doesn’t look like it’s coming down anytime soon. That increase triggered an increase in cryptocurrency prices across the board, but some altcoins did better than others. Bitcoin Cash (BCH) turned in a double-digit gain in the past week, while Toncoin (TON) registered just a meager 2% gain in comparison.
But the gains to be made in low-cap gems will blow any mid-cap or large-cap’s potential gains in the bull market of 2024 out of the water. Especially presale opportunities that haven’t even hit the market yet. One of those opportunities has arrived in the form of Web3 decentralized video streaming platform DeeStream (DST)—and its presale is on the verge of a sellout as of stage 1.
Bitcoin Cash (BCH) Bulls Eyeing $300
Bitcoin Cash (BCH) price peaked at February 2024 highs of $280 as of February 12th, until pulling back to $258 after a massive sell-off last February 17th. As of February 19th, Bitcoin Cash (BCH) was trading at $268, recording a 4.9% loss in the past week. If Bitcoin Cash (BCH) bulls can continue their rebound from $260 and break past resistance at $280, an uptick to $300 is well within the cards before the end of the month.
Toncoin (TON) Underperforms Against the Rest of the Market
Toncoin (TON) was a big gainer in 2023, but has since slightly tapered off its price action in 2024 amid low trading volumes. Toncoin (TON) derives its utility from its proximity to social messaging app Telegram, which has 800 million users and counting. Toncoin (TON) used to be developed by the makers of the app, until US regulators forced them to devolve the project to the community. Toncoin (TON) has largely underperformed compared to other altcoins in February. As of February 19th, Toncoin (TON) was trading at $2.25, mustering a meager 2.1% gain in the past week.
DeeStream (DST) Presale On the Verge of a Sellout
Online streaming video sites like TikTok, YouTube, Kick, and Twitch currently dominate an industry worth hundreds of billions of dollars. However, their high degree of centralization that allows them to corner the market has deprived content creators of a large portion of their earnings and degraded the user experience for viewers who must have their data mined. These platforms are rife with censorship, with many content creators deplatformed for not following company policies.
However, with the launch of DeeStream (DST), the days of centralized video streaming platforms lording it over the industry are numbered. DeeStream (DST) is the first decentralized Web3 streaming platform with the backing, technology, and team to capture a segment of the $160.55 billion industry by allowing content creators a world of monetization options at their disposal powered by its DST token—without the censorship and rampant rent-seeking practices of centralized providers.
The unique value proposition that DeeStream (DST) brings to the table gives it an infinitely higher price ceiling than Toncoin (TON) and Bitcoin Cash (BCH) in 2024—at a significantly lower entry point at just $0.035. Don’t waste your time looking at big caps for exponential gains—you’ll find those with DeeStream (DST).
Find out more about the DeeStream (DST) presale by visiting the website here
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