Like many other financial markets, the cryptocurrency market can be overwhelming. There are thousands of tokens to check and hundreds of indicators to influence them. Keeping track of all this is difficult and only a few investors can do it successfully.
However, sometimes it is much simpler to observe and understand the situation. For example, positive news can cause asset prices to rise. This appears to be happening with Toncoin (TON), which has been on the rise since the Telegram IPO. We track this and predict the future of Toncoin (TON) and the new project DeeStream (DST).
Toncoin (TON) profits from Telegram IPO
To truly understand the connection between Toncoin (TON) and Telegram, we need to look at a little history. In 2018, social media platform Telegram was considering launching its own blockchain and cryptocurrency to compete with Ethereum (ETH). We started development and even raised funds for the project. Unfortunately, Telegram faced several legal issues with the SEC and halted the project.
Other developers, not affiliated with Telegram but who liked the idea, picked it up and developed Newton fully, eventually becoming Toncoin (TON stands for “open network”). However, Telegram was never too far away and even received some approval after the token was officially launched. Because of this history, Toncoin (TON), despite being separated, is still considered a Telegram project.
Toncoin (TON) is rising rapidly following news reports that Telegram could soon launch an IPO. As of this writing, Toncoin (TON) has nearly doubled in less than three days. These reports appear to be valid and Toncoin (TON) will rise further once the IPO launches, making it look perfect to invest in.
Why do investors love these streaming sensations?
Today’s content is available live or on-demand and can be accessed from a variety of devices. Projects within that industry tend to be very valuable. The entire sector is worth about $160 billion.
So when news first broke about the web3 streaming platform, investors were very excited. Now DSTream (DST) has started pre-sale and is receiving a lot of attention and positive reviews. A decentralized global live streaming platform.
Users can sign up for DeeStream (DST) through a simple account registration form. You can then invite others to view your content, or even watch it yourself. There are many benefits to the platform, including transparency and low fees.
DeeStream (DST) is impressive in presale, selling for $0.055. This discounted price is great for all types of investors. By purchasing through the pre-sale, investors can also profit from platform profits.
DeeStream (DST) is expected to be issued in approximately 300 million units. Investors can obtain large amounts of tokens at a low price and profit if they reach the predicted 100x potential. Seasoned investors choose DeeStream (DST) over other choices because of its enormous potential.
Learn more about the DeeStream (DST) pre-sale by visiting the website here.
Disclaimer: This is a sponsored press release and is provided for informational purposes only. It does not reflect the views of Crypto Daily and is not intended to be used as legal, tax, investment, or financial advice.