VeChain and Pepe have seen some positive price movement after the former announced a new product launch and the latter will have its own futures listed on Coinbase.
Although the moves are relatively significant, they are still not as impressive as the potential gains that investors can realize from DeeStream.
DeeStream is a decentralized video streaming platform fighting to revolutionize the video creator market.
This article is sponsored content and does not reflect the opinion of the CryptoDnes team. The material does not constitute investment advice and is provided by the respective company.
Promising free speech, instant payments and extremely lucrative revenue sharing, VeChain and Pepe investors are flocking to this new platform as it prepares to take the digital video streaming world by storm.
The launch of MAAS by VeChain (VET) may cause prices to rise further
Over the past few months, VeChain VET has seen an upward trend in its prices, and this trend may continue after it announced that it will launch a new product targeting NFTs. “The Marketplace As A Service”, or MAAS (The Marketplace As A Service), will allow individuals and businesses to easily sell and transfer digital assets via NFT
This is an interesting move for the platform, given that it primarily supports supply chain management by enabling easier authentication of products, improved transparency and efficiency, and enhanced traceability.
Some analysts believe that VeChain’s entry into the NFT field will attract new investors and users and lead to a large influx of funds into the network. As a result, some analysts believe that there is a high probability that the price of VeChain will maintain this positive momentum.
At the time of writing, VeChain was trading at $0.042, a nearly 100% increase from $0.025 in December 2023.
Pepe’s perpetual futures may give the price a small boost
The indefinite ones futures on Pepe (PEPE), which allow traders to bet on the future movements of the underlying asset without having to worry about expiration dates, with the feature launching on Coinbase on April 18.
This is an interesting move considering that in May 2023, Coinbase named Pepe the Frog, the coin’s mascot, a hate symbol. This prompted a backlash from PEPE investors, with some going as far as the hashtag DeleteCoinbase trending on X (Twitter).
It is clear that this is now a thing of the past as Coinbase is the first exchange to list PEPE futures. As a result of the announcement, PEPE rose from $0.0000006188 in late February to approximately $0.00000684 – the price it is trading at at the time of writing. This represents a 33% gain over the last week, possibly on the back of this announcement, but it remains to be seen whether it will be able to hold on to these gains or reverse all of its progress.
DeeStream attracts investors based on its easy-to-understand business model
DeeStream is a decentralized video content streaming platform that is likely to completely change the face of the digital video space. It is currently dominated by big players like YouTube, Twitch and Kick. The problem is that these platforms have a habit of treating creators and viewers badly.
It’s not uncommon for them to practice censorship, revenue sharing in favor of the platform, and even demonetizing or banning channels where the creator has said something that doesn’t align with the platform’s views.
DeeStream, on the other hand, promises that creators will be able to say whatever they want, as long as it’s legal. In addition, it will practice a 50/50 revenue split with token holders purchased during the presale and provide instant payouts, making it extremely attractive to both investors and users. This is clearly evident from the number of investors and users who have already flocked to DeeStream from VeChain, Pepe and many other coins.
Given that DeeStream is in Stage 2 of its presale and is selling for just $0.06, it’s no surprise that investors are snapping up as quickly as possible to take advantage of the potential huge profits.
For more information on the DeeStream presale, please visit the website here.
This article is sponsored content and does not reflect the opinion of the CryptoDnes team. The material does not constitute investment advice and is provided by the respective company.
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