Ethereum

Better

Strong

Optimism

Chainlink

Decentralized oracle provider Chainlink (LINK) and Ethereum Layer-2 scalability solution Optimism (OP) are off to a strong start in February. However, their big market caps limit their price appreciation potential. Meanwhile, February has also seen the emergence of <a href="https://deestream.com/" rel="noopener noreferrer nofollow">DeeStream (DST)</a> is a newly-launched innovative project that is making waves as stage 1 of its presale closes in on a sellout. Market observers believe it could outperform Chainlink (LINK) and Optimism (OP) this year. Here’s why.
<h2 id="b-chainlink-link-poised-for-a-strong-year-b">Chainlink (LINK) Poised for a Strong Year</h2>
Chainlink (LINK) is the first decentralized network of blockchain oracles. It enables data transfer between on-chain applications (dApps) and off-chain systems (weather trackers, points of sale, and so on). As such, Chainlink (LINK) is an essential service for integrating blockchains into real-world economies. LINK, Chainlink’s native cryptocurrency, gained significant traction during the 2020-2021 bull run. According to data from crypto aggregator CoinGecko, Chainlink (LINK) is up 23.4% in the past 30 days, indicating a strong performance between January and February.
<h2 id="b-optimism-op-a-strong-contender-for-l2-dominance-in-2024-b">Optimism (OP) a Strong Contender for L2 Dominance in 2024</h2>
Optimism (OP) is one of the largest second-layer platforms built on top of Ethereum. It indexes and verifies transaction data on the Ethereum (ETH) mainnet to reduce transaction costs and improve transaction speeds. Despite fierce competition in the Layer-2 scalability sector, Optimism (OP) is a solid choice for dApps due to low transaction costs, extensive documentation, and its established network effects. According to data from crypto aggregator CoinGecko, Optimism (OP) is up 12% in the past 24 hours as of February 10th.
<h2 id="b-deestream-dst-solves-centralization-in-streaming-platforms-b">DeeStream (DST) Solves Centralization in Streaming Platforms</h2>
Centralized video sharing sites like Twitch, Kick and Youtube tend to have the same drawbacks rooted in their built-in centralization. This includes inequitable revenue sharing, wanton disregard for privacy and security, and terms and conditions favoring the platform over the content creators.
The emergence of <a href="https://deestream.com/" rel="noopener noreferrer nofollow">DeeStream</a> (DST) solves all that. DeeStream’s unique decentralized approach gives back the power to the users by removing the intermediaries that stand in the way. DeeStream (DST) grants content creators limitless opportunities to take control of their earning potential. DeeStream provides content creators more earning options through the Web3 utility of its native DST token to give them a fairer share of the revenues they generate. Moreover, the high degree of decentralization removes the rampant censorship and deplatforming that occurs on centralized platforms like YouTube. Better yet, DeeStream (DST) doesn’t pry on users’ activity nor mine their personally identifiable information.
Market&nbsp; analysts are of the opinion that DeeStream (DST) can easily turn in a 50x gain from its low launch prices of $0.035. That easily makes it capable of outperforming Optimism (OP) or Chainlink (LINK) in 2024. Don’t miss out on getting in on the early action on a blue-chip opportunity and join the <a href="https://invest.deestream.com/register" rel="noopener noreferrer nofollow">DeeStream (DST) presale</a>—only until the token allocation for stage 1 lasts. With token prices set to rise at every succeeding stage, it’s only a matter of time before it sells out.
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/crypto-streaming-sees-new-gap-in-market-platform-deestream-dst-attracting-chainlink-link-optimism-op-profits/" rel="noopener noreferrer nofollow">Crypto + Streaming sees new gap in market platform DeeStream (DST) attracting Chainlink (LINK) &amp; Optimism (OP) profits</a> appeared first on <a href="https://thecoinrise.com" rel="noopener noreferrer nofollow">Latest News and Insights on Blockchain, Cryptocurrency, and Investing</a>.

Crypto + Streaming sees new gap in market platform DeeStream (DST) attracting Chainlink (LINK) & Optimism (OP) profits

Table of Contents

TheCoinrise Media

Other articles published on Feb 11, 2024

Gorilla Token’s 261% Bull Run and Price Correction Risks

Why Bitcoin (BTC) all time high is on the horizon and what does Solana (SOL) whales like so much ...

Are stablecoins a ticking time bomb for the Fed? Experts weigh in

Perfect Storm Brewing for Bitcoin Price Surge: Production Drops As Institutional Demand Spikes

Solana’s Breakout Potential: How High can SOL go?

Bitcoin is Now World’s 10th Largest Asset, Surpassing Tesla, and Visa

Join our free newsletter for daily crypto updates!