Digitalocean Space for images vs local shared hosting

Hello, Actually I’m using a platform (sngine social network), on a shared hosting , that have no option to setup a CDN, it has “only” option to setup an external storage (Digitalocean is present). My small community is growing up (actually 500 users, with an avarage of 10 simultaneous users) is based overall on pictures (and a few videos…). I have NO problem space (4% used) but I’m a bit scary for perfomance loading many images at the same time. So, my question is : could be Digitalocean Space a good and better option in terms of performance compared to a std. share server ? (remember that my platform cannot use CDN at the moment, may be in the future…)

I tried to do some tests, but are not clear to me, depending on how many users are clicking on images at the same time. Shared server is actually in Netherland, so I could use AMS3 region.

Thanks all !