Smart Money Moves Favorable Comparisons with Litecoin (LTC) and Ethereum (ETH)

With the internet, the shift from physical servers to clouds sparked more innovation at the application layer of the internet.

Brands and content creators on online platforms are coming into their own now. They would be billion-dollar brands for winners on this layer of the internet.

And what can we say of Internet 3.0? The platforms are built as we speak. Ethereum (ETH) is a giant in the crypto asset space. Yet, DeeStream (DST), a dApp on the Ethereum (ETH) blockchain, is positioned to challenge giants of the crypto world and web2.0 market.

Litecoin (LTC) Becoming What Was Intended For Bitcoin (BTC)

DeeStream (DST) could compete with Litecoin (LTC) to gain a spot of relevance in the crypto world. It was built to be a transactional coin. That was the initial goal of the creator of another crypto giant known as Bitcoin (BTC).

The former Google engineer Charlie Lee built the crypto asset Litecoin (LTC) as a medium for daily transactions. It’s a blockchain platform created from forking Bitcoin (BTC). Unlike Bitcoin (BTC), it generates blocks faster and uses the script language for proof of work.

However, in many other ways, Litecoin (LTC) is similar to Bitcoin (BTC). Founder Charlie Lee called it the lite version of Bitcoin (BTC). In an interview, Charlie Lee explained that he saw Bitcoin (BTC) as digital gold and Litecoin (LTC) as digital silver.

Litecoin (LTC) trades at $88.89 today. It was a drop from $98.53 a week ago. A month’s observation suggests that Litecoin (LTC) has had an undulating price movement starting from $68.91 thirty days ago.

The Ethereum (ETH) Blockchain Platform

Ethereum (ETH) was founded as an alternative smart contract platform to Bitcoin (BTC). Today, it supports dApps, NFTs, and crypto games. One of the supported dApps on the Ethereum (ETH) blockchain is DeeStream (DST).

Ethereum (ETH) currently trades at $3,900. A week ago, Ethereum (ETH) went for $3,432 and was traded at $2428 a month ago! That’s a 60% growth rate in just 30 days! This is close to the growth rate of Bitcoin (BTC) within the same period.

DeeStream (DST) Challenges Giant Crypto Projects

The unknown crypto asset projected to compete with giants like Bitcoin (BTC), Litecoin (LTC), and Ethereum (ETH) is DeeStream (DST). And some reasons fuel such speculation.

One would be the product-centered nature of DeeStream (DST). DeeStream (DST) is a decentralized streaming platform that allows better interaction between fans and streamers. They hope to compete with centralized streaming platforms like YouTube and Twitch.

Another is the nature of its compensation for investors. There’s transparency with revenue generation. Shareholders who buy into DeeStream (DST) during its presale launch event get a 50:50 revenue split with governance rights.

Find out more about the DeeStream (DST) presale by visiting the website here.

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