PROMO
by BSCN
April 25, 2024
Dive into the allure of innovation in the world of video streaming, enticing those seeking alternatives amidst crypto fluctuations.
Ripple and Ethereum are exhibiting slight recoveries after the Bitcoin halving, though not as impressive as investors are likely hoping for. Ripple has been on a bearish trend for the past year, while Ethereum has been bouncing, though it’s still far from its all-time high.
As a result, Ripple and Ethereum investors are turning to another option that promises massive 100x returns thanks to a business model focused on video streaming. With video gaining increasingly more traction, if DeeStream plays its cards right, it could dethrone YouTube and Twitch. And that’s precisely the path it seems to be set on.
Ethereum ETH has declined significantly from its glory days of over $4,800 to now trade at $3,249. While the price might sound impressive on a per-unit basis, the returns aren’t quite as impressive. On a year-over-year basis, Ethereum has gained about 72%. However, in the crypto world, these gains are minimal, especially when compared with coins such as Pepe, which saw gains of nearly 2,000%.
Yes, one might say that Pepe trades for fractions of a cent, but that’s not the point. It’s not the price per unit that’s important but the percentage in returns. After all, one could spend $10,000 on Ethereum and have an extra 72% at the end or 2,000% at the end.
Ethereum did hit an annual high of $4,084 on March 12, but it lost much of those gains in the time leading up to the Bitcoin halving. It continued to lose until it reached $2,850 but has now started to recover somewhat. The moves aren’t massive, though, so it remains to be seen if Ethereum can reach its previous annual high since the all-time high seems out of the question.
Ripple XRP had an even poorer showing than Ethereum, only managing to gain 16% in one year. And that was a choppy journey, with the coin hitting $0.82 in July 2023 only to dive back down to $0.50 a little over a month later. Then, it traded sideways for around two months, only to start climbing again. And, right before the Bitcoin halving, it dropped from $0.61 to $0.48.
It has now started to climb back up, as it’s currently trading at $0.55. However, a quick glance at the monthly chart shows an overall bearish trend, with the new highs being lower than the old ones. It should be noted that the weekly chart is a little more bullish in nature, so it remains to be seen how Ripple will progress in the near future. No matter what, though, it is unlikely that the coin will experience massive gains.
When one sees 72% gains and 16% gains over one year, it’s unsurprising that the promise of 100x returns would be attractive. But how realistic are these? Well, one must only look at the Pepe to get an inkling.
If a meme coin managed to gain 2,000% in one year, what can't DeeStream do the same? It is a platform with a clear purpose and a business model most investors can understand. A decentralized video streaming service that promises free speech, immediate payouts, and very attractive fees, there’s no way that it won’t deliver impressive results.
DeeStream is currently in stage two of the presale and is priced at $0.06. So, investors are now jumping in to ensure they don’t miss the gravy train. They want to ride it all the way to the top, and the sooner they get in, the more they’ll make.
For more information on DeeStream’s presale, please visit the website here.
Disclaimer: This is a paid press release, BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement article for $225. Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.
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