DeeStream garners attention from Cardano, Litecoin holders

Tech

DeeStream garners attention from Cardano, Litecoin holders

Amid whispers of an Amazon acquisition, DeeStream (DST) entices ADA and LTC holders, showcasing strong interest as it advances into the second stage of its presale.

DeeStream (DST) has entered stage 2 of its presale, getting over 2,500 investors on board. And yet, DeeStream token holders are looking to double down on their investment. The ongoing price surge in the crypto industry could be the cue to such optimistic behavior from DeeStream investors.

Some experts say that the unique value proposition of DeeStream makes its investors and hopeful users confident. But regardless of what has made DeeStream shareholders double down, such behavior has piqued the interest of other investors in other crypto projects.

These crypto projects include Cardano (ADA) and Litecoin (LTC). Shareholders of the two crypto projects mentioned above go for product-led projects to expand their portfolios. DeeStream (DST) promises to be the next product-centric crypto upstart.

Cardano shareholders show interest in DeeStream

Cardano is a blockchain network with priority placed on developments backed by peer-reviewed academic research. This has led to slow and steady upgrades that have gotten Cardano the nickname Ghost Chain. On the bright side, Cardano is known to be one of the most secure blockchain platforms in the crypto industry.

Cardano has been one of the crypto assets experiencing a boom in price valuations. Today, ADA trades for $0.7443. A month ago, ADA sold for $0.5403 and $0.7504 a week ago. ADA rose in the early part of its 30-day-long price chart but dropped slightly in the last week.

Cardano has a market cap of $24 billion and a diluted market cap of $33 billion. Cardano has a total supply of around 36 billion tokens and 45 billion tokens as its maximum supply. And its daily trading volume is close to $1.5 billion.

Litecoin investors look to DeeStream

Litecoin is often regarded as digital silver. It was founded as an upgrade to the Bitcoin (BTC) network to speed up transaction speeds and lower transaction fees. Litecoin is becoming a token for daily transactions, which was the founders goal of Bitcoin. Today, Bitcoin is regarded as digital gold and a store of value, not for daily transactions.

LTC trades at $91.02. A month ago, LTC went for $68.45 and later $88.35 a week ago. Litecoin has been on the rise for a month of observation on the price chart. Investors and users of the Litecoin platform are making gains in addition to a great transaction experience.

Litecoin has a daily trading volume of $768 million and a market cap of $6 billion. Also, Litecoin has a diluted market cap of $7.6 billion. The max and total supply of Litecoin stands at 84 million tokens.

DeeStream shareholders confident in investment

DeeStream investors are doubling down on their investment, and other shareholders in different crypto projects such as Litecoin and Cardano are taking notice and investing in DeeStream as well.

DeeStream is a decentralized streaming platform that allows better interaction between fans and streamers. There is growing anticipation as DeeStream enters the second presale stage. Investors want to buy in at the presale stage for revenue share and governance rights.