DeeStream Thrives Against Market Odds, Attracting Ripple & Litecoin Investors in Q2

cryptonews.com:

The second quarter of 2024 hasn’t been exactly generous to Ripple and Litecoin investors, with both coins underperforming. Ripple XRP is down month over month, while Litecoin has seen only tiny gains. So, it goes without saying that investors are looking for something a little more substantial to sink their teeth into.

Enter DeeStream , a decentralized video platform that is attracting Ripple and Litecoin investors by the truckload. With a clear purpose and broad appeal, plus its highly attractive stage 2 presale price of $0.06, investors are jumping aboard the train without hesitation.

Ripple XRP Is Down Almost 13% Month over Month

The first month of Q2 2024 has not been good to Ripple XRP. The cryptocurrency has experienced a decline of almost 13%. Therefore, it is currently trading at $0.53 from almost $0.63. Though it hit a low of $0.43 on April 14, it shows that things could be worse. 

While the annual chart looks somewhat better, it’s not really all that impressive for the price. Ripple has only seen gains of 13% year over year, starting at $0.46. Furthermore, it’s been a very choppy ride to get to this point. It did achieve a high of $0.82 last year in July 2023, but it simply couldn’t hold on to those gains. 

Analysts are also uncertain about Ripple’s future. Some feel it will trade between a range of $0.3 and $0.98 for the rest of the year. Others are far more optimistic that it could get as high as $4. However, considering that Ripple’s all-time high was $3.84 back in January 2018, some analysts feel this is unlikely.

Litecoin LTC Is Up a Mere 2.7% Month over Month

While not as disappointing as Ripple, Litecoin hasn’t exactly impressed with its performance in Q2 2024. LTC is up a mere 2.7% (or down 2.7%