The Q2 crypto market is off to a rough start. There has been a lot of anticipation but some of it has been lost with the market declining after a few hours of April. This puts investors in an interesting position and they are more invested in profits than before.
Some investors want to gamble on Bitcoin, especially with under three weeks till the highly anticipated halving. Others want to go the Ethereum Classic route instead. However, an interesting number of investors choose DeeStream. Here’s why.
Most things written about the Bitcoin halving anticipate a massive increase in the value of the crypto. Many experts predicted it to hit over $80K before the halving and higher amounts after it. It hasn’t realized the first prediction but many hold onto the hope that it will fulfill the second.
Bitcoin is worth $65,014 per unit as of press time, declining once again. While this supersedes its price at the start of March, it is much lower than expectations. Investors will likely be more interested in its 7.5% decline compared to 7 days ago and troubling bearish signs
According to CoinMarketCap, Bitcoin has only 17 days until the halving. If predictions prove true, Bitcoin could have an amazing run in April despite this rough start. It may be wise to buy before the halving gets closer.
Ethereum Classic entered April at $34.3 per unit with many expecting it to rise further. Given it had reached as high as $34.77 some days earlier, many Ethereum Classic holders predicted a good week to begin the new month. Instead, it has declined a little since the quarter began.
Ethereum Classic is worth $30.44 per unit as of press time. This is some $10 better than how it started the first quarter of the year. However, Ethereum Classic has declined by 4.87% compared to Tuesday last week.
Considering the March high was around $38, Ethereum Classic holders can remain hopeful of a rebound. It is already gaining momentum. Even with a rebound, some experts remain unconvinced by Ethereum Classic’s prospects for the rest of the year.
Some investors think that DeeStream is the most reasonable purchase for investors who want returns. The project is a streaming platform built on the blockchain with many new features based on decentralized principles. After a successful first stage of presale in Q1, it is in its second stage with many of the same benefits but a $0.055 price.
Its price may be the first reason why investors fancy it. DeeStream costs much less than many other established tokens and could be the best option for investors who don’t have the most capital. This also allows investors to buy much of the token. The returns also make it seem like a smart choice. DeeStream is predicted to have 110x gains within the first year.
The core features of DeeStream also place it high in the view of investors. It is the first-ever decentralized streaming platform. It is also the only one where users can get involved in governance by owning cheap tokens. DeeStream has great rewards for users and early investors. It could be the best buy for Q2.
Find out more about the DeeStream (DST) presale by visiting the website here.
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