With the prospect of a bull market arriving after the Bitcoin (BTC) halving in April, crypto investors are scrambling to find undervalued gems with the potential to deliver substantial, if not parabolic gains in 2024. Meme coins like Dogecoin (DOGE) and Shiba Inu (SHIB) were examples of gems below $0.10 that went on to deliver astronomical gains for early adopters in the last bull run of 2021. The operative word being “were.” In 2024, not one single crypto observer believes either meme coin being able to recreate the gains they already did.
Instead, the action is favoring newly-launched projects with serious room to grow in 2024. DeeStream (DST), the first decentralized live video streaming platform, is expected to be among the best tokens below $0.10 to buy in 2024. Here’s why.
Dogecoin (DOGE) Continues Lackluster Performance
Interest in Dogecoin (DOGE) has waned as indicated by its lackluster price action in January. Dogecoin (DOGE) is down by 10% in the past month as it traded at $0.081 on January 29th. Despite a promising 20% increase last January 20th, when it rose from $0.076 to $0.089, Dogecoin has continued to struggle breaking past a key psychological and resistance level at $0.10.
Can Shiba Inu (SHIB) Snap Out of the Funk?
Shiba Inu (SHIB) has faced major setbacks in the past 12 months, with the meme coin recording a year-on-year price decline of -22.2% according to data from CoinGecko. The long bullish trend is part of massive sell-offs from Shiba Inu (SHIB) whales who are cutting bait on their losses and reallocating holdings to projects with more potential. Shiba Inu (SHIB) appears to have jumped the shark as investors look elsewhere for serious gains.
DeeStream (DST) Tipped as Top Investment Opportunity in 2024
DeeStream (DST) is building the first and only Web3 live streaming platform that connects content creators and fans with a fully decentralized streaming model hitherto unseen in the industry. Market analysts believe DeeStream (DST) could capture a sizable chunk of the $160.55 billion live video streaming industry with its unique offering, making its presale one of the most intriguing investment opportunities of the year. With the plethora of income streams available on DeeStream (DST), the platform is expected to grow exponentially as major content creators flock towards the decentralized video streaming protocol. This could mean a 50x potentially in the works for its native DeeStream (DST) token.
DeeStream’s (DST) presale is putting up DST tokens up for grabs at a massive discount of just $0.035 per token. With a token price increase mechanism set to increase prices during its six-stage presale, early DeeStream (DST) investors will be the first in line to sit on a profit well before the token lists on exchanges.
DeeStream (DST) has set itself up for success by minimizing any risks to virtually nil. First, a team token lock will be implemented for 1,000 days to discourage team members from dumping, while the long-term growth of DeeStream (DST) will be secured with a lifetime platform liquidity lock. Don’t miss out on the unique opportunity to be in on a project that could go on a parabolic run in 2024—at the earliest, most advantageous opportunity.
Find out more about the DeeStream (DST) presale by visiting the website here
Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
Credit: Source link
