As Solana’s (SOL) late 2023 difficulties appear to extend to the current year, decentralized projects like Deestream (DST) and BlockDAG (BDAG) build traction and achieve big success in their early presale.
Let’s check how the DeeStream presale demonstrates the project’s potential and what BlockDAG has put out lately for a decentralized mining industry.
Solana 2024: Still Under Pressure
Solana quickly became one of the most popular cryptocurrency projects after its introduction in 2020, thanks to its speed and scalability. This was made possible by Solana’s innovative hybrid method, which combines Proof-of-History (PoH) with Proof-of-Stake (PoS).
However, after being struck by the FTX crash in Q4 2022 and a security breach in late 2023 that resulted in $4 million being stolen from users’ wallets, Solana has seen its value plummet in the last week with a trading price of $104.
Solana is under extreme pressure, preventing it from hitting $120 earlier, and it now looks like a decline below $110 may be imminent. Analysts are still determining if Solana can respond to current market challenges.
Deestream: Video Streaming Revolution
While Solana struggles, some Solana alternatives are set to show off their potential, including Deestream. As the worldwide video streaming industry is expected to reach $247 billion by 2027, DeeStream aims for a significant market share with the world’s first decentralized streaming network. DeeStream, which uses blockchain technology to revolutionize content sharing, appears to be a serious contender.
Already popular among free speech advocates, content creators and viewers will benefit from decentralized governance, various income streams, fast withdrawals, and lower costs. These are in addition to given subscriptions and Dee gifts that aim to connect creators closer to their audiences.
Global Frenzy: BlockDAG’s Presale Success Sets New Standards
BlockDAG, the top crypto to buy now, initially presented itself as the heir of Bitcoin and Kaspa’s glory. The innovative technology utilizes the creative development of its predecessors, especially Kaspa.
With this high technology, BlockDAG makes transactions more accessible and simpler, thus making them more decentralized and secure for all traders. Moreover, BlockDAG benefits from these possibilities to provide easy mining and supports that even more with a set of incredible crypto miners called the X-Series.
The X-Series provides a wide range of crypto mining devices for all user levels, starting from the newbies who can utilize the BlockDAG x1 mobile mining app with a capacity to mine up to 20 BDAG coins per day and ending with the BlockDAG x100 for the most established miners, which can mine a staggering 2,000 BDAG a day.
This number means a $100 daily profit upon launch, as the BDAG coin is meant to be trading at $0.05 when the presale concludes. For those between the two levels, BlockDAG offers the BlockDAG x10 and x30 with a moderate hash rate to cater to these levels.
What’s Coming Past the Great Kick-Off
BlockDAG and DeeStream (DST) presales are getting more popular in the crypto community. This shows how the market is more open to decentralization than anything else.
As Solana strives for the second straight year, BDAG storms the market with high potential and incredible technology that promises even bigger success in the near future. BDAG is expected to launch its mainnet in six months. In addition, the project set the goal of raising an incredible $600 million by 2024.
Invest in the BlockDAG Presale:
Website: https://blockdag.network
Presale: https://purchase.blockdag.network
Telegram: https://t.me/blockDAGnetworkOfficial
Discord: https://discord.gg/Q7BxghMVyu