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Amidst a 20% Market Plunge, DeeStream’s Presale Offers Hope with Stellar (XLM) and Avalanche (AVAX) Comparisons

13 March 2024
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Amidst a 20% Market Plunge, DeeStream’s Presale Offers Hope with Stellar (XLM) and Avalanche (AVAX) Comparisons
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The DeeStream (DST) presale comes as the silver lining in a cloud of minor recoveries, with markets down by 20%, such as that made by Stellar (XLM) and Avalanche (AVAX). In such a risky and volatile crypto landscape, DeeStream (DST) actually does present itself as one of the assured opportunities for investors looking for stably growing projects.

Comparing the current market performance of Stellar (XLM) and Avalanche (AVAX) with market turbulence from the past will enlighten more as to whether DeeStream (DST) can survive and bloom in market turbulence.

Stellar (XLM): Pioneering Smart Contracts with Soroban

The Stellar (XLM) Development Foundation has announced that Soroban is now moving on to its mainnet phase two. After more than two years of rigorous testing, Soroban will now move on to its mainnet phase two and establish a new way for deploying smart contracts on the Stellar (XLM) blockchain. The development of decentralization application capability will further make it possible for developers to develop applications that enable expanded use beyond the classic use of the network for cryptocurrency payments to include decentralized finance (DeFi) and others with the help of WebAssembly.

With this, Stellar (XLM) is doubling down on its commitments by announcing a dedicated $100 million Soroban Adoption Fund, supporting over 160 projects designed to spur innovation and diversification in the Stellar (XLM) ecosystem.

Avalanche (AVAX): Resilience and Growth Amidst Market Volatility

Despite the market turmoil, Avalanche (AVAX) stands tall, demonstrating impressive resilience and growth. Reaping an increase in the price of 18% in the last week and a more notable increase in the price of 48% in just the last month, Avalanche (AVAX) has, therefore, won a lot of investor confidence due to this tendency for stable value.

Projects like DeeStream (DST) further cement the attractiveness of Avalanche (AVAX) to a new breed of investors in the market for innovative crypto projects with long-term potential value beyond just the financial rewards.

DeeStream (DST): Empowering Decentralized Streaming Revolution

On the other hand, resembling the dominant centralized models within the industry, DeeStream (DST) is a representative of decentralization and empowerment. DeeStream (DST) gives everyone involved the user, content creator and viewer a platform without the shackles of centralization that would restrain freedom of expression and decentralized governance. In the ever-exponential growing world live streaming market, DeeStream (DST) takes its place at the tip of the spear of the decentralized streaming revolution that is poised to break the status quo for a new dawn of streaming entertainment.

The DeeStream (DST) presale, therefore, will provide the opportunity for investors to take part in a transformative journey that offers early access to and a share of platform generated fees. With the possibility of huge returns, DeeStream’s presale represents more of an opportunity not just to invest but rather to be part of a movement that is redesigning the future of online streaming.

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

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