Technology

Market Shifts As DeeStream (DST) Takes Investors’ Top Pick, Cosmos (ATOM) And Aptos (APT) Drop Away – Crypto News

Published

2 years ago

February 3, 2024

Dripp

It’s interesting to see how the cryptocurrency market has changed lately. A new player, DeeStream (DST), has become quite popular among investors, while other well-known options like Cosmos (ATOM) and Aptos (APT) have been losing some of their momentum. DeeStream (DST) presale continues to soar in demand with promising 50x potential.

DeeStream (DST) Dashes Forward with Surging Demand

DeeStream (DST)’s surge in popularity can be attributed to its focus on decentralization, which appeals to investors seeking an alternative to traditional, often centralized streaming services. DeeStream’s model gives creators more control over their content and revenue streams, addressing a long-standing issue in the industry.

DeeStream (DST) is doing what no one else has done before. It is the first streaming platform with a vibrant DeFi ecosystem. An intriguing part of DeeStream’s (DST) feature is its user-focused and inclusive perks. Steamers can earn passive income and spend it on Dee gifts and subs.

As a result, many analysts predict a significant increase in the value of DeeStream’s native token, DST, by the end of the year. Some experts even speculate a 50x rise in DST’s value, further fueling investor interest in the project. The presale is still selling at $0.035 during the first phase.

Cosmos (ATOM) Lose Battle for Stability

It’s been a challenging period for Cosmos (ATOM). Although Cosmos (ATOM) started brilliantly as a network of interconnected blockchains, it struggles to hold itself together. Additionally, Cosmos (ATOM) faces tough competition in the interoperability space, but they are determined to overcome these obstacles and continue to grow.

However, Cosmos (ATOM) has become unstable since its founder, Jae Kwon, proposed to split the chain. Cosmos (ATOM) fell by 10% immediately, sliding further by another 11% this January. Even validators kicked against the move since it will slash staking rewards. Consequently, development activities have dipped within the network.

Aptos (APT) Still Down By 53%

Aptos (APT) is a rising star in the Layer-1 blockchain scene and has been working hard to address network congestion and security concerns. However, like Meta’s previous blockchain project, Aptos (APT) was almost a blunder.

Aptos (APT)’s main selling point was its massive speed, which was up to 160,000 transactions per second. However, Aptos (APT) wasn’t able to handle the influx, and investors questioned if it would be able to handle growing development.

Many developers are leaving Aptos (APT) for newer scalability solutions. Even its native token, $Aptos (APT), has also been moving southward. Currently, the Aptos (APT) token is trading at $9.10 with over 5% loss in the past 7 days.

Conclusion

Crypto is getting more interesting these days. The trusted stalwarts disappoint their believers while new innovative projects take over. Understandably, the innovation, excellent use case, and high potential presale that DeeStream (DST) offers to users make it the next biggest thing that no one should miss.

Find out more about the DeeStream presale at their official website