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Presales may be an opportunity, although not a sure thing, for investors who want to take advantage of the early benefits of a new platform. The pre-sale of a new project is being explored by Binance Coin and Solana investors.
According to the sponsored content poster, it is unknown whether DeeStream and its live pre-sale will have an impact on the DeFi market. BNB and SOL owners are doing detailed research about the project and its team.
Binance Coin May Fall Due to Legal Battle
Regarding its growth trajectory, Binance Coin is performing well in the DeFi market. Binance Coin experienced an incredible price increase in the first quarter of 2024. However, things may turn around soon due to Binance’s current difficulties that may affect the value of Binance Coin.
Nigeria’s financial crimes agency filed a $35.4 million lawsuit against Binance and two executives for money laundering. The charges include operating without a valid license and making illegal exchange rate agreements.
In retaliation, Binance filed a lawsuit against Nigeria for violating the basic human rights of the arrested executives. They demanded that the Federal Supreme Court release them, return their passports and issue a public apology. This legal drama could mean bad news for Binance Coin. Nigerian investors are concerned about how these lawsuits could negatively impact Binance Coin’s upward momentum.
Solana Expert Warns Against Pre-Sale Scams
Solana Labs COO Raj Gokal recently issued a strong warning against investing in random Solana addresses for pre-sales. He made this announcement after a massive loss from a solid meme coin presale on the Solana blockchain.
There have been cases before where several Solana meme coin projects were solidified before launch. One of these projects is CONDOM. CONDOM collected 4,965 SOLs during its presale, equivalent to $906,000. Once the funds were raised, CONDOM fell victim to a robust exit scam.
Gokal emphasizes the importance of Solana investors trusting verified sources to avoid fraud. This way, Solana investments can remain safe and hacker-free.
DeeStream Features
According to the sponsored content submitter, DeeStream wants to be a platform that creates a new world of decentralized streaming. It aims to transform the crypto industry with its live broadcast features and interactive platform. DeeStream empowers content creators with both creative freedom and financial independence. Unlike platforms like Twitch, DeeStream users receive their earnings quickly and without commission fees. The future is uncertain, there is risk.
Reportedly, DeeStream prioritizes its community by allowing its users to earn DST tokens through decentralized governance. This way, users can participate in platform decisions to ensure DeeStream’s growth. DST tokens, currently in the second pre-sale phase, are available for sale at a price of $0.06. 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.
