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DeeStream (DST) emerges as a promising platform in the streaming industry, attracting the interest of Ripple (XRP) and Ethereum Classic (ETC) investors looking for new opportunities.
When experienced traders begin to rally behind a new coin, it is always best to pay attention to that new coin.
DeeStream (DST) has garnered a lot of attention for its potential to change the streaming industry and Ripple (XRP) and Ethereum Classic (ETC) holders are among those eyeing this new opportunity.
Ripple sees only a slight decline
Ripple is an open-source cryptocurrency that facilitates quick conversion between different currencies.
Ripple is currently trading at $0.605 with a market cap of $33 billion, putting it at number six on CoinMarketCap’s ranking of the largest cryptocurrencies by market capitalization. Ripple has dropped by a meager 3% in the last 7 days. A look at the 30-day chart shows a growth of about 8%.
Ripple holders will hope that the coin can begin rising again and reach the heights predicted for it.
Ethereum Classic drops by more than 10%
Ethereum Classic is ranked #27 by market cap according to CoinMarketCap. It is currently trading at $30.99, representing a 16% decline in its price in the past 7 days. A more extended period shows that Ethereum Classic has risen by more than 14% in the last 30 days.
Ethereum Classic has a market cap of $4.5 billion and a 7-day trading volume of 2.73 billion.
DeeStream eyes the very top
The global live-streaming industry is a rapidly growing market that is currently valued at $160.55 billion. According to experts, this market is expected to reach around $247 billion by 2027. This means there is much to gain in the industry if investors know where to look.
DeeStream is still in its early stages of presale, with a token available for only $0.055. Investors can make good use of this opportunity to stack up multiple units of this potential blue-chip cryptocurrency. DeeStream is the world’s first fully decentralized streaming platform that aims to be the go-to for everyone seeking live-streaming content with high earning potential.
Recent research shows an ongoing shift from conventional TV to live-streaming content, which means that platforms that provide these services will be in even higher demand. DeeStream is not just one of many such platforms; it has the potential to be one of the best on the list.
Find out more about the DeeStream presale by visiting the website.
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This article first appeared at crypto.news
