Bitcoin (BTC) halving is one of the crypto industry’s most anticipated and bullish events. It is set to take place in April. Seasoned crypto participants claim it is calm before the storm as altcoins are expected to surge after halving. Experienced investors are on the hunt for promising cryptocurrencies to invest in.
DeeStream, with its unique approach to streaming, is projected to earn 50X gains for its investors. Binance Coin (BNB) and Ripple (XRP) holders are trimming their position sizes in favor of the new cryptocurrency. This article assesses why DeeStream (DST) could be the best investment decision that BNB and XRP investors make in 2024.
Binance Coin Enters Meme Coin Chat via BNB Chain
Binance Coin, a cryptocurrency associated with Binance’s ecosystem, is set to join the meme coin frenzy after the BNB Smart Chain (BSC) through the Meme Innovation Campaign. Through this campaign, $1 million has been pledged to incentivize developers to create meme coins on the BSC network. An increase in the BSC’s network activity could be a boon for the BNB coin.
Due to broader market conditions, BNB is down 4.5% in the past week. It is trading at $553.46 at press time. With BTC halving around the corner, Binance Coin can blast through past its all-time high price of $690.33
Ripple Slides Below $0.6
Volatility is the heart of the crypto market. Due to broader market conditions, XRP has plunged below the $0.6 mark. That sparked concerns among investors and holders. At the time of writing, XRP is trading at $0.5852. That shows a 7% drop on both the weekly and monthly charts.
Experienced crypto investors and traders have warned that digital asset holders must brace for volatility ahead of the volatility, with Ripple shedding some of its value. It has a lot of hurdles to overcome if it wants a decent recovery.
DeeStream (DST) Aims for 50X Gains Post Bitcoin Halving
DeeStream, a decentralized streaming platform set to challenge YouTube and Twitch, can soar 50x after the Bitcoin halving event. Due to its compelling value proposition, BNB and XRP holders are investing in its presale.
DST appeals to investors toward its revenue-sharing model, where presale investors get 50% of the revenue the platform generates. Analysts claim that DST is set to be one of the top 100 cryptocurrencies in the world. That makes it a good investment choice to buy for only $0.055 before it increases.
Find out more about the DeeStream (DST) presale by visiting the website here.