Shiba

Bitcoin

Prospective

Polygon

Shiba Inu

Polygon (MATIC) and Shiba Inu (SHIB) were the undoubted all-stars of the 2021 bull run, with both tokens reaching all-time highs during the last Bitcoin halving and bull cycle. However, their time has come and gone, and MATIC and SHIB holders are looking for the next potential 50x gem. More and more market analysts believe <a href="https://deestream.com/" rel="noopener noreferrer nofollow">DeeStream</a> (DST) could be the next candidate to moon this cycle. Here’s why.
<h2 id="polygon-matic-starting-to-lose-ground">Polygon (MATIC) Starting to Lose Ground</h2>
Polygon (MATIC) rose to prominence as one of the first Ethereum Layer-2 scalability solutions with a working product back in 2021. While Polygon’s scalability solution has fared better than Shiba Inu (SHIB) recently, MATIC hasn’t exactly soared. Stuck around $0.78, it’s down 8.54% in a month and a concerning -37% below the past year’s values. Polygon (MATIC) is losing ground fast, and that doesn’t look to change in 2024.
<h2 id="is-it-over-for-shiba-inu-shib-holders">Is It Over for Shiba Inu (SHIB) Holders?</h2>
According to data from IntoTheBlock, less than 29% of Shiba Inu (SHIB) investors are actually in profit—with a whopping 65% of current Shiba Inu (SHIB) holders in the red. 6% are barely breaking even on their investments. This leaves the majority vulnerable, and the future appears uncertain. Worse, 78% of SHIB’s token supply resides in the hands of a few whales. This concentration raises the potential for significant sell-offs, triggering dramatic price drops and a domino effect of further selling. The dog-themed token, once lauded as the golden ticket to wealth, is currently trading at $0.0000089, or 40% below its price in the past year.
<h2 id="deestream-dst-presale-a-refuge-for-matic-and-shib-holders">DeeStream (DST) Presale A Refuge for MATIC and SHIB Holders</h2>
DeeStream has become one of the hottest presales of the year as 2,200+ registrants queue up for stage 1 of its launch. DeeStream (DST) is launching the first decentralized live streaming alternative with a good chance of capturing a good portion of the $160+ billion global live streaming industry, currently dominated by heavily centralized streaming platforms like Twitch, Kick, TikTok, and YouTube Live.
DeeStream (DST) does away with the drawbacks of such platforms, removing the hurdles of censorship, hidden fees, and long processing times for payments. The revolutionary Web3 platform devolves all the power from the platforms to the content creators and users, allowing them to take control of their financial futures by providing alternative income streams and more monetization options. Unlike other platforms, content creators and streamers won’t have to deal with the hassles of centralized platforms arbitrarily deplatforming them or taking a lion’s share of their earnings.
As of stage 1 of its presale, DeeStream is offering its native token DST at an unbeatable discount of only $0.035 per token. But prospective investors need to act fast before stage 1 is completely sold out. Prospective investors looking to make substantial gains will have a good shot with DeeStream, as market analysts believe it could trade around the $1.20 to $1.75 range by the end of 2024, or when the next bull run comes around. Don’t miss out on the <a href="https://invest.deestream.com/" rel="noopener noreferrer nofollow">presale</a> event of the season and join the DeeStream launch today.
Find out more about the DeeStream (DST) presale by visiting the website <a href="https://deestream.com" rel="noopener noreferrer nofollow">here</a>
The post <a href="https://thecoinrise.com/investment-grows-as-polygon-matic-holders-buy-into-eye-catching-deestream-dst-presale-alongside-shiba-inu-shib-holders/" rel="noopener noreferrer nofollow">Investment grows as Polygon (MATIC) holders buy into eye catching DeeStream (DST) presale alongside Shiba Inu (SHIB) holders</a> appeared first on <a href="https://thecoinrise.com" rel="noopener noreferrer nofollow">Latest News and Insights on Blockchain, Cryptocurrency, and Investing</a>.

Investment grows as Polygon (MATIC) holders buy into eye catching DeeStream (DST) presale alongside Shiba Inu (SHIB) holders

Table of Contents

TheCoinrise Media

Other articles published on Feb 6, 2024

Riot Platforms’ Strategic Advances Amidst Bitcoin Halving Anticipation

Copium: An Underrated Meme Coin Which Everyone Is Talking About

70% PEPE investors ‘out of the money,’ but is a reversal coming?

FTX, Alameda transfer $39M to exchanges in 37 days

XRP’s Potential Rise Indicated by TD Sequential Indicator

Solana Price Prediction: SOL Plunges Almost 4% Amid Solana Outage As Analysts Say This GameFi ICO...

Join our free newsletter for daily crypto updates!