In this article, we delve into the current state of the cryptocurrency market, marked by Bitcoin’s surge past the $52k threshold. Additionally, we explore the intriguing trend of Polygon (MATIC) holders incorporating DeeStream (DST), an innovative newcomer in the live streaming industry, into their investment portfolios.
Polygon (MATIC) is recovering from last year’s losses
Polygon (MATIC) has experienced a nearly 10% increase in value over the past month, rising from $0.8452 to $0.9286, benefiting from the ongoing bullish market trend. If these gains persist, Polygon (MATIC) could recover from the losses it faced last year and potentially reach the $1 mark. Despite experiencing losses of over 30% over the past year, there is optimism among investors that the coming months may bring positive developments for Polygon (MATIC).
Is Bitcoin (BTC) on track to reach its all-time high?
Bitcoin (BTC) has surged over 10% in the last week, surpassing the $52k mark and igniting a rally that has positively impacted numerous other cryptocurrencies. This uptrend in the market sentiment may be linked to the introduction of spot bitcoin exchange-traded funds (ETFs) in January, which enable mainstream investors to acquire a share in bitcoin via regulated stock exchanges. However, the momentum of the rally seems to be slowing down as trading volume has decreased in recent days. Bitcoin’s (BTC) recent price surge brings it to within approximately 24% of its all-time high from 2021, prompting speculation about whether the token will sustain its upward trajectory and exceed its previous peak this year.
DeeStream (DST) has the potential for significant gains
DeeStream (DST) emerges as a pioneering force in the streaming industry, distinguishing itself from platforms like Kick and Twitch through enhanced power and functionality enabled by blockchain technology and decentralization. With projections indicating that the global live-streaming market will exceed $247 billion by 2027, DeeStream (DST) is the inaugural web3 platform with a fully decentralized streaming model, providing it with a decisive first-mover advantage in an expanding market.
The process for streamers to join DeeStream (DST) is straightforward: they complete a simple form, allowing their fans from around the globe to connect and watch their content. Streamers receive various incentives to contribute to the platform’s growth, including earnings from fan contributions such as Dee gifts, subscriptions, and packages. Importantly, streamers retain the freedom to express their opinions within legal boundaries without fear of censorship or bans.
For fans, DeeStream (DST) offers a dynamic and rewarding experience. They actively engage with the platform through participation in reward programs, earning cryptocurrency for completing tasks and reaching milestones.
Investors keen on tapping into this burgeoning ecosystem can participate in the presale, currently in its initial stage and priced at just $0.035. Beyond the potential for significant gains, presale investors also benefit from a share of the revenue fees generated on the platform relative to their holdings. Moreover, token holders play a pivotal role in shaping the platform’s future and trajectory.
Seasoned investors recognize the potential for substantial returns in entering projects like DeeStream (DST) at an early stage.
Find out more about the DeeStream presale by visiting the website here
