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According to the sponsored content poster, Bitcoin Cash and Immutable have enjoyed gains over the past year, but they have also fallen victim to the volatility the crypto market is well-known for. However, despite these gains, the two cryptocurrencies are still not performing as well as predicted by DeeStream, whose future is uncertain.
As a result, many Bitcoin Cash and Immutable holders are exploring whether DeeStream’s future will be successful, hoping to generate stable and highly impressive returns from a decentralized video streaming platform that has taken over YouTube, Twitch, Kick and other legacy platforms.
Bitcoin Cash: A Well-Performing Bitcoin Fork
Bitcoin Cash is essentially a fork of the original Bitcoin blockchain created in August 2017. Until then, it shares the same transaction history as Bitcoin but has some important technical differences, such as a larger block size.
The idea was that Bitcoin Cash could be better used for payments, allowing for faster and cheaper transactions, while continuing to focus on Bitcoin being a store of value. The community and development around Bitcoin Cash has remained active since its creation, as its supporters believe it embodies the original vision of Bitcoin as fast, cheap, peer-to-peer electronic cash.
Its price also reflects this target, as it is trading at just $510 at the time of writing. While still an impressive price, it is well below Bitcoin, which is to be expected. Although Bitcoin Cash has gained 320% in the past year, it is still far below some other cryptocurrencies. However, it should be noted that some bullish analysts think BCH could rise as high as $1,238 by the end of 2024 and climb as high as $5,037 by 2026.
Immutable Holders Gain Only 146% Year-over-Year
Immutable is an Australian startup building a platform for trading non-fungible tokens (NFTs) across multiple blockchains, currently focused on games and digital collectibles. Their flagship product is Immutable X, an Ethereum layer 2 solution designed for minting and trading NFT assets with zero gas fees and instant trade confirmation while leveraging the security of Ethereum.
They want to make NFT transactions accessible and environmentally friendly to attract mainstream players and builders. With high-profile partners like GameStop, Immutable aims to become the go-to platform for buying, selling and trading digital assets as the NFT ecosystem expands into gaming, art, fashion and more.
Immutable is up 146% in the past year. The crypto is currently trading at $2.41 versus $0.96 during the same period last year. However, it should be noted that the upward trend only started about six months ago, and the previous six months showed some decline.
Analysts appear to be largely bullish, stating that Immutable could reach $4.92 by the end of 2025 and go as high as $6.89 in 2025, but this is due to the new zkEVM (zero-knowledge Ethereum Virtual Machine) It depends on its success and increasing its adoption rate.
DeeStream Promises High Returns Thanks to a Platform with a Purpose
According to the sponsored content poster, many cryptocurrencies are nothing more than fancy coins designed to get people to trade for returns. Essentially, they can be viewed as the equivalent of exotic financial instruments. So, their pricing is largely based on how the market feels about them.
Cryptocurrency investments are high risk investments, do your detailed research before making any transaction.
In contrast, DeeStream, whose future is uncertain, allegedly wants to be a platform with a real purpose. The aim is to provide a decentralized digital video streaming environment aimed at users rather than platform owners. In other words, DeeStream will unite creators and consumers without imposing their will on what is streamed, as long as it is legal. It is not certain, there is a risk of investment loss that may fail.
Combined with extremely attractive fees and revenue splits, as well as instant payments, according to the content sender, it is reported that investors are researching DeeStream in detail.
According to the content submitter, DeeStream’s token exists to support the platform and not be the final product. It is claimed that DeeStream is in the second phase of its pre-sale and is offered for sale at $0.06. The future is uncertain, there is a risk of investment loss.
Cryptocurrency investments are high risk investments, do your detailed research before making any transaction.
Click to review DeeStream (DST) token from its official website.
*This article is not investment advice! This is sponsored (advertising) content. Cryptocurrency investments are high-risk investments and carry the risk of investment loss. Do your detailed research before making any transaction.
