Crypto communities tend to be very interesting. The beauty of web3 is that it brings multiple people from diverse areas and various experiences together for a common goal. It can provide a sense of belonging for many but it can also give direction.
More often, what goes on in certain communities has a real impact on the market. Massive interest in one token could boost it while a community shunning a project could mean its failure. Shiba Inu and Litecoin communities seem to like DeeStream but is that enough reason to invest?
Shiba Inu Seeing Heavy Decline
Shiba Inu is facing a very hard start to the second quarter of the year. This comes off the back of a fairly good March for memecoin. Shiba Inu got the most growth in over a year last month, gaining by over 200% at one point.
April may prove less favorable as the token already struggles. As of press time, Shiba Inu sells for $0.00002654 per unit. Shiba Inu does place 31% better than this point last month, but this was right before its massive spike.
Now, Shiba Inu records a 11% decline compared to 7 days ago when March was wrapping up. It had been around $0.00003048 at that time. Shiba Inu may recover but this decline leaves many of its investors in doubt.
Litecoin over $100
Litecoin had made an ambitious push as March concluded with many experts convinced it could cross $100 before the month ended. That was exactly what it did, crossing $100 on the 29th of last month. This important milestone took quite some time but Litecoin holders may be satisfied all the same.
Since entering April, Litecoin has reached a high of $111 although it did temporarily retrace to $95.63. Litecoin looks set for a better Q2 with the start it has gotten. It places 13.26% better than 30 days ago.
Litecoin trades at $108 as of press time. Although there are many fluctuations, Litecoin is increasing steadily. This should improve confidence in the token ahead of market instability.
DeeStream Draws in Over 3,200 Holders Still in 2nd Stage of Presale
There are many ways to view the Shiba Inu and Litecoin interest in DeeStream. One of these is that they consider it a better prospect than the tokens they currently hold. This may be likely given the uniqueness of the first-ever web3 streaming project, DeeStream.
DeeStream is a streaming platform like Twitch or YouTube but with many interesting blockchain-based features. For example, users have their data completely protected on DeeStream and can even watch streams anonymously. In addition, decisions are reached democratically, with all token holders getting a say. DeeStream also charges the lowest fees in the industry.
DeeStream comes at a great time when the market seems to be taking a turn for the worse. Investors could invest in a future with DeeStream by buying the presale token for only $0.055 per unit. This is a very low price and likely among the best positions to get the token. DeeStream sticks out with its uniqueness and many communities consider it a good step.
Find out more about the DeeStream (DST) presale by visiting the website here.
