Many investors are moving to cryptos as valuable investments for their volatility, popularity, and value. For some, these investments have paid off massively and brought much returns. These investors are looking to do it again and many others who missed earlier opportunities want to take their chances now.
In our analysis, we highlight some cryptos that investors could consider and their prospects. Trending cryptos Dai (DAI) and Internet Computer (ICP) feature in this article as well as rising newcomer, DeeStream (DST). Read on to know what each crypto has to offer.
Dai (DAI) is an Ethereum-based stablecoin launched back in 2017. It is pegged to the US dollar. Stablecoins like Dai (DAI) are popular because they typically have fewer fluctuations. This has proved largely true, with Dai (DAI) only seeing a 0.01% change from 30 days ago.
Currently valued at $0.9987, Dai (DAI) is expected to pump but likely over a three-month period that favours long-term investors. Many Dai (DAI) holders are buying up other cryptos in an attempt to diversify their portfolio.
Internet Computer (ICP) is a protocol that connects computers similar to how the Internet works. It looks to be the web3 internet, offering advantages in speed, data capacity, security, and decentralization over centralized internet providers. As an investment, Internet Computer (ICP) currently trades at $13.53, up 6% from a week ago.
Positive trends with Internet Computer (ICP) fuel predictions that it could gain a further 15% before the month ends. An additional 20% growth is expected in March. Experts do not rule out a decline for Internet Computer (ICP) but say it is less likely.
DeeStream (DST) is a crypto-streaming platform. It works like any other platform, like YouTube and Twitch, but with several tweaks that improve on their foundations. While the platform is yet to launch and the token is in presale, many investors consider it the better option.
The platform itself is created to be the better option for streaming. It achieves this through key features like crypto payments, decentralization, and transparency. For example, changes in DeeStream (DST) are made by the votes of token holders, allowing for more community-driven and user-friendly improvements.
DeeStream (DST) is also built to use cryptos for payments. Paying with cryptos is typically faster and cheaper than using fiat currencies. DeeStream (DST) saves time and money for users through this.
The token goes for a low $0.035 per unit and has a 300 million maximum supply. Unlike many other coins, much of its supply remains and this gives it great potential. Experts say it should rise by 30x to 50x within its first year and grow even further after this. DeeStream (DST) could achieve various milestones and even become a blue-chip crypto and this is why experts recommend it.
Find out more about the DeeStream (DST) presale by visiting the website here
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