Why Analysts are predicting DeeStream (DST) will overtake the likes of Uniswap (UNI) and Celestia (TIA) in 2024

The post Why Analysts are predicting DeeStream (DST) will overtake the likes of Uniswap (UNI) and Celestia (TIA) in 2024 appeared first on Coinpedia Fintech News

Uniswap (UNI) carries a reasonable level of risk, while Celestia (TIA) is showing positive momentum. DeeStream (DST) is reshaping decentralized streaming with a unique governance model, fast transactions, and lower fees. DeeStream is set at $0.035 in the first presale stage. Its well-planned roadmap and unique approach position it as a strong candidate for 2024, with the potential to outperform Uniswap (UNI) and Celestia (TIA) in the cryptocurrency realm.

Uniswap (UNI): Moderate Risk, Moderate Reward

InvestorsObserver rates Uniswap (UNI), a decentralized exchange, as having a moderate Risk/Reward Score. This scoring method looks at trading volume and market value changes to gauge the likelihood of market manipulation. With a moderate risk rating, Uniswap offers investors opportunities and potential concerns.

Despite a 0.3% decrease in Uniswap’s price over the past day, its overall risk level remains average. The token’s market value has recently increased, reflecting various influencing factors. According to InvestorsObserver’s assessment, Uniswap (UNI) appears capable of withstanding market ups and downs.

Celestia (TIA): Riding the Bullish Momentum

Celestia (TIA) receives a bullish rating from InvestorsObserver, marked by a 9.56% price increase to $16.68. This positive sentiment is reinforced by a Bullish sentiment reading, indicating favourable market conditions. The InvestorsObserver Sentiment Score highlights Celestia’s performance over the past five days, showcasing a bullish trend attracting short-term and longer-term investors.

Despite trading near its five-day midpoint, Celestia demonstrates resilience above its support level at $14.6, potentially entering a volatile phase with resistance at $16.11. While trading on low volume, Celestia’s bullish momentum remains noteworthy, contributing to its overall positive sentiment.

DeeStream (DST): Revolutionizing Decentralized Streaming

DeeStream (DST) is a new player in the cryptocurrency space, offering a decentralized streaming platform similar to Facebook Live, Kick and Twitch. Its unique governance model empowers token holders, allowing for quick deposits and withdrawals for streamers. This gives DeeStream (DST) an advantage in the evolving Web3 landscape. Unlike centralized platforms, DeeStream (DST) addresses issues by promoting freedom of expression and imposing lower fees, guided by community-driven governance.

Currently, DeeStream (DST) is in Stage One of its presale at $0.035, showcasing a strong roadmap spanning six stages. Security is a priority, with a completed audit, a team token lockup lasting 1,000 days, and a perpetual liquidity lockup in place. DeeStream’s revenue-sharing program, combined with decentralized governance, makes it an attractive opportunity with the potential to become a significant player in the cryptocurrency world. Early investors stand to gain substantial rewards, positioning DeeStream (DST) as a noteworthy contributor to the decentralized streaming revolution.

Find out more about the DeeStream (DST) presale by visiting the website here