The recent surge in the crypto market is reverberating through Web3 projects, notably impacting DeeStream (DST). Noteworthy investor whales from Tron (TRX) and Ethereum (ETH) are eyeing diversification, with DeeStream (DST) emerging as a promising contender, speculated to potentially increase by 20 times its presale value, mirroring the impressive surge of Shiba Inu (SHIB) at 230%.
Tron (TRX) Resilience and Strength
Tron (TRX), a blockchain platform emphasizing creator ownership and content monetization, remains robust amidst the market fluctuations. Boasting higher throughput compared to Bitcoin (BTC) and Ethereum (ETH), Tron supports diverse content formats and platforms, including streaming, video hosting, and social networks.
With a scalable infrastructure that allows for varied smart contract constructions, Tron’s appeal is further heightened by its low transaction fees. Currently valued at $0.1372, Tron has experienced a commendable increase from $0.1427 a week ago, though it shows a decline from $0.1215 a month ago.
Ethereum (ETH) Surpasses $3,000 Mark
The world’s second-largest cryptocurrency, Ethereum (ETH), has witnessed substantial gains recently, with its value hovering around $3,780 at the time of writing. This signifies a notable rise from $3,469 a week ago and $2,324 a month ago, fueling speculation that Ethereum may soon surpass its all-time high of $4,724.
Originally developed to address the absence of a smart contract feature on the Bitcoin network, Ethereum has evolved to support decentralized applications (dApps), non-fungible tokens (NFTs), and games. Interestingly, the DeeStream (DST) project finds its foundation on the Ethereum blockchain network.
While Ethereum contends with challenges such as high gas fees and volatility, anticipation surrounds its transition to the proof-of-Stake (POS) consensus algorithm, expected to mitigate these concerns.
Shiba Inu (SHIB) Skyrockets as Investor Interest Grows
The meme coin Shiba Inu (SHIB) has experienced a remarkable ascent in recent times, skyrocketing from $0.000008866 a month ago to $0.00003146 today. Despite being deemed a speculative crypto asset, market observers attribute SHIB’s surge to the broader upward trend in the crypto market, attracting investor whales seeking portfolio expansion.
As DeeStream (DST) prepares for its presale launch at $0.040, industry speculation is rife with optimism. With its foundation on the Ethereum (ETH) blockchain platform, DeeStream (DST) aims to revolutionize the streaming experience for both fans and streamers, potentially realizing a remarkable 20-fold increase from its presale value in the coming months.
